Innoviz Systems Announces Compliance with Essential Automotive-Grade Common, Streamlining Adoption by Main Automakers Pursuing Automated Driving

TEL AVIV, Israel, Feb. 8, 2022 /PRNewswire/ — Innoviz Systems, Ltd., (Nasdaq: INVZ), a top company of significant-effectiveness, sound-state LiDAR sensors and perception program, is happy to announce that it has accomplished compliance with automotive regular IATF 16949:2016. The compliance assertion acknowledges Innoviz for building its personal automatic production procedures and complying with this standard alone in addition to its supply chain.

The International Automotive Process Force (IATF) is billed with delivering improved high-quality products and solutions to automotive shoppers globally and is composed of planet-primary automotive manufacturers, together with Innoviz’s spouse BMW. The IATF 16949:2016 standard is the most greatly employed high quality management common for the automotive field and certifies that Innoviz has the method-oriented high quality administration systems to enable ongoing enhancements, prevent defects, and cut down variation and squander in the offer chain.

This certification is proof that Innoviz has solved the producing obstacle of developing substantial-good quality LiDAR regularly and quickly, generating it less difficult for Tier-1 suppliers and automakers outside of its companions Magna Worldwide, Aptiv, HiRain, Harman International Industries, and BMW, to adopt Innoviz’s LiDAR technologies for superior driver-guidance systems (ADAS) and autonomous driving applications.

“The mass deployment of autonomous automobiles is entirely dependent upon the industry’s skill to manufacture automotive-grade LiDAR technological innovation that meets the two efficiency and price requirements,” said Omer Keilaf, CEO and co-founder of Innoviz. “We have been doing the job carefully with the automotive sector for many years to create our LiDAR technologies. Not only does this recognition set us in a solid placement to capitalize on the buyer AV sector, but as a third-occasion validation, this is also additional proof of our attempts to make our products and solutions as responsible and safe and sound as any other car or truck element”

“Accomplishing IATF compliance marks a key milestone for Innoviz and positions us ahead of the levels of competition in the marketplace for automotive-grade LiDAR technologies,” claimed Shmuel Mironi, director of top quality and dependability at Innoviz. “Our staff is driven by a determination to high-quality and basic safety over all else, and we’re delighted our initiatives have paid off.” 

About Innoviz Systems
Innoviz is a international chief in LiDAR technologies, operating toward a foreseeable future with safe and sound autonomous motor vehicles on the world’s roads. Innoviz’s LiDAR and perception software package “see” far better than a human driver and decrease the risk of mistake, meeting the automotive industry’s strictest expectations for functionality and security. Running throughout the U.S., Europe, and Asia, Innoviz has been elected equally by an internationally-recognized quality auto model for use in buyer vehicles as properly as by other commercial and industrial leaders for a large array of use instances. For a lot more info, pay a visit to www.innoviz.tech.

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This announcement consists of certain forward-looking statements within just the that

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