Innoviz Technologies Expands Partnership with Dataspeed Inc. to Integrate InnovizSMART LiDAR to Drive-by-Wire Platforms
MWN-AI** Summary
Innoviz Technologies Ltd. has announced an expansion of its partnership with Dataspeed Inc., focusing on the integration of InnovizSMART LiDAR sensors into Dataspeed's Drive-by-Wire vehicle systems. This strategic collaboration aims to enhance the performance of autonomous vehicle technology across a variety of sectors including defense, agriculture, mining, and automotive applications in North America.
InnovizSMART LiDAR is engineered to deliver high-resolution, long-range 3D data, which is crucial for effective object detection and classification. The sensors have been designed to perform reliably even in challenging environments where sensor degradation is common, such as muddy or debris-filled conditions. This is particularly important for autonomous vehicles operating in terrains like deserts, forests, and farmlands, where traditional sensors may struggle or fail.
Mrinal Sood, Innoviz's VP for North America, emphasized that the collaboration underscores Innoviz’s commitment to creating robust sensors suited for real-world applications. By integrating InnovizSMART into Dataspeed's Drive-by-Wire systems, the partnership not only enhances sensor reliability but also simplifies the integration process for their customers.
Paul Fleck, CEO of Dataspeed, highlighted that for their clients, especially those in demanding landscapes, having dependable sensor data is paramount. The integration will facilitate more reliable testing and deployment of autonomous systems, reducing the risk of operational interruptions.
Overall, this expanded partnership positions both Innoviz Technologies and Dataspeed Inc. at the forefront of autonomous vehicle innovation, providing the robust solutions necessary for successful deployment in a variety of challenging environments. By combining their strengths, they are set to drive advancements in autonomous technology, catering to both research and commercial needs.
MWN-AI** Analysis
Innoviz Technologies' recent expansion of its partnership with Dataspeed Inc. marks a significant milestone in the autonomous vehicle sector, particularly in enhancing the use of LiDAR technology in challenging environments. This collaboration involves the integration of InnovizSMART LiDAR sensors into Dataspeed's drive-by-wire systems, aimed at various applications across defense, agriculture, mining, and automotive industries. Given the diverse and often rugged terrains these vehicles will operate in, the ability of InnovizSMART to maintain high-resolution data amidst obstructions such as mud and debris offers a substantial competitive advantage.
From an investment perspective, Innoviz (NASDAQ: INVZ) may present an attractive opportunity for stakeholders. The partnership with Dataspeed could amplify its market footprint and bolster revenue streams by catering to the growing demand for reliable autonomous vehicle technology that can withstand real-world conditions. As autonomous systems increasingly become pivotal in various industries, Innoviz's role as a key provider of innovative LiDAR solutions positions it well within a burgeoning market.
Additionally, Innoviz's focus on addressing environmentally induced sensor performance issues corroborates its commitment to advancing autonomous vehicle reliability—an essential denominator in winning over potential customers. With the global autonomous vehicle market projected to grow rapidly, this partnership aligns Innoviz to capitalize on such trends effectively.
However, prospective investors should remain aware of inherent risks, including competition and the ability to scale innovations into widespread market adoption. The partnership's success will largely depend on the industry's response and acceptance of these advanced technologies. Monitoring financial performance and market shifts post-integration will be critical in evaluating Innoviz's growth trajectory. Overall, Innoviz appears to be positioning itself strategically within a promising sector, meriting close observation by investors seeking exposure to the evolving landscape of autonomous technologies.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
With an outstanding resolution, blockage resilience, range and reliability, Dataspeed is expected to integrate InnovizSMART LiDARs in autonomy projects across North America
TEL AVIV, Israel, March 3, 2026 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading supplier of high-performance LiDAR solutions, and Dataspeed Inc. a premier provider of drive-by-wire vehicle integration and autonomous research platforms, today announced a strategic collaboration for the distribution and seamless integration of InnovizSMART LiDAR sensors into Dataspeed's Drive-by-Wire vehicle systems for defense, agriculture, mining, automotive, and off-highway industries across North America.
Dataspeed's Drive-by-Wire platforms can be integrated into autonomous offroad vehicles designed for deployment across deserts, forests, open pit mines, farmland, and mountains. These environments may expose the vehicles' sensors to mud, dirt, condensation, and airborne debris which can degrade the performance of today's LiDAR sensors that aren't designed for such conditions, leading to compromised data that can cripple a perception system during critical moments.
InnovizSMART is uniquely engineered to address challenges like these by enabling native resilience to optical blockages allowing for continuous high-resolution, long-range, reliable 3D data to be delivered into perception systems. This maintains object detection and classification capabilities even with water droplets, mud, or other debris present on the LiDAR's window, dramatically reducing the risk of perception disruptions from obstructions that typically cause both cameras and other LiDARs to perform poorly.
"Our partnership with Dataspeed reflects our ongoing commitment to provide robust LiDAR sensors designed for the real world, not controlled environments," said Mrinal Sood, VP North America at Innoviz. "Together, we are equipping researchers and innovators with reliable sensor data that improves dependability of autonomous vehicle systems across a multitude of terrains."
The collaboration is set to deliver integration of InnovizSMART into Dataspeed's Drive-by-Wire systems allowing customers to benefit from:
- Blockage-resilience: LiDAR performance remains reliable even in scenarios where mud, dirt, or debris build up on the sensor window.
- Direct integration with Dataspeed's control architecture
- Purpose-built autonomous research and development vehicles for agriculture, off-highway, defense, and university applications
"For our customers operating in challenging terrains and demanding landscapes, sensor reliability is not a luxury, it's a mission-critical KPI," said Paul Fleck, CEO of Dataspeed. "Integrating InnovizSMART into our Drive-by-Wire systems allows our customers to deploy a sensor capable of high performance despite obstruction. Enabling use cases across research, defense, and agricultural to test and deploy autonomy with greater confidence and fewer operational interruptions."
About Innoviz
Innoviz is a leading provider of LiDAR technology, serving as a Tier 1 supplier to the world's leading automotive manufacturers and working towards a future with safe autonomous vehicles on the world's roads.
Innoviz's LiDAR sensors provide industry-leading range, resolution, and reliability, delivering accurate 3D sensing in harsh weather conditions. Operating across the U.S., Europe, and Asia, Innoviz serves automotive OEMs, system integrators, municipalities, and commercial enterprises worldwide. InnovizSMART is an off-the-shelf solution for security, intelligent traffic management, mobility, robotics, and aerial applications.
For more information, visit innoviz.tech.
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Media Contact
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Investor Contact
Investors@innoviz-tech.com
About Dataspeed Inc.
Dataspeed is the leader in autonomous vehicle development, providing autonomy-ready vehicle platforms and Drive-by-Wire systems for on-road and off-road applications across defense, automotive, industrial, and academic research. Trusted in demanding environments, Dataspeed helps teams move faster, reduce integration risk, and bring autonomy to life while helping define the standard for scalable autonomy.
For more information, visit dataspeedinc.com.
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Media Contact
Mandy Dwight, Dwight & Company
mandy@dwightco.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the products and solutions offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, and Innoviz's projected future operational and financial results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions.
Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.
Many factors could cause actual future events, and, in the case of Innoviz's forward-looking revenues, actual orders or actual payments, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to achieve broader market adoption of Innoviz's products and solutions, the ability to identify and realize additional opportunities, potential changes and developments in the highly competitive LiDAR technology and related industries, the ability to maintain and scale initial deployments into long-term commercial relationships and Innoviz's expectations regarding the impact of geopolitical developments in the Middle East including the evolving conflict in Israel on its ongoing operations. The foregoing list is not exhaustive. You should carefully consider such risks and the other risks and uncertainties described in Innoviz's annual report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission ("SEC") on March 12, 2025, the annual report on Form 20-F for the year ended December 31, 2025 to be filed with the SEC and in other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
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SOURCE Innoviz Technologies
FAQ**
How does the integration of Innoviz Technologies Ltd. Warrant INVZW impact Dataspeed’s development cycle for autonomous vehicles using the InnovizSMART LiDAR technology in challenging environments like agriculture and defense?
What are the anticipated benefits for customers in adopting the InnovizSMART LiDAR technology integrated with Dataspeed's Drive-by-Wire systems, particularly concerning reliability in harsh conditions, and how does this relate to Innoviz Technologies Ltd. Warrant INVZW?
Can you elaborate on the scalability of this strategic collaboration between Innoviz Technologies Ltd. Warrant INVZW and Dataspeed and how it positions both companies for future growth in the autonomous vehicle market?
Given that Innoviz Technologies Ltd. Warrant INVZW focuses on high-performance LiDAR solutions, what key performance indicators will Dataspeed utilize to measure the success of integrating InnovizSMART into their vehicle platforms?
**MWN-AI FAQ is based on asking OpenAI questions about Innoviz Technologies Ltd. (NASDAQ: INVZ).
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