Innoviz Technologies Ltd. (NASDAQ:INVZ) is among the 12 Best Autonomous Driving Stocks to Buy Right Now. Innoviz Technologies Ltd. (INVZ) Confirms Partnership with Vueron TheFly reported on January 7, 2026, that Innoviz Technologies Ltd. (NASDAQ:INVZ) and Vueron Technology, a provider of AI-driven LiDAR perception technologies, have partnered. According to the deal, Vueron’s VueX AI development platform incorporates LiDAR data from InnovizTwo and InnovizSMART. The integration enables automotive manufactu ...

Core Insights - Innoviz Technologies has deployed its InnovizSMART system in various critical infrastructure locations in Israel over the past three months, providing a high-resolution perimeter security solution [1] - The InnovizSMART system utilizes advanced 3D sensing capabilities to create customizable virtual perimeters, detecting and classifying objects with high precision [1] - The LiDAR-based solution offers significant advantages over traditional security technologies, including the ability to detect movement behind obstacles and maintain performance in harsh weather conditions [1] Product Features - InnovizSMART can detect and classify objects at distances exceeding 450 meters, scanning over 1 million points per second to create a detailed 3D map of the area [1] - The system integrates with cameras and analytics software to provide visual confirmation and classification of detected movements, allowing for scenario-specific responses and reducing false alarms [1] - It is designed for a wide range of applications, including the protection of critical infrastructure, municipal facilities, and public spaces, and is available as an off-the-shelf product [1] Market Position - Innoviz is recognized as a global leader in LiDAR technology, serving as a Tier 1 supplier to major automotive manufacturers and focusing on the development of safe autonomous vehicles [1] - The company operates across the U.S., Europe, and Asia, providing its LiDAR solutions to various sectors, including municipalities and commercial enterprises [1] - InnovizSMART will be showcased at the Defense.tech expo for homeland security in Tel Aviv on February 17-18, 2026, highlighting its commitment to advancing security technology [1]

Core Insights - Innoviz Technologies (INVZ) has announced a partnership with Vueron Technology Co., focusing on AI-powered LiDAR perception solutions [1] Group 1: Partnership Details - The collaboration integrates Innoviz's LiDAR data from InnovizTwo and InnovizSMART into Vueron's VueX AI development platform [1] - This integration aims to assist automotive manufacturers and smart infrastructure operators in accelerating their perception development [1] Group 2: Technological Advancements - The partnership enables automated data annotation, training, and validation, enhancing the efficiency of perception development processes [1]

Core Insights - Innoviz Technologies will showcase its new InnovizThree LiDAR, along with the InnovizTwo LiDAR platform and InnovizSMART, at CES 2026 from January 6 to 9 in Las Vegas [1][2] Group 1: Product Offerings - The InnovizThree LiDAR features behind-the-windshield placement for seamless vehicle integration and superior performance [7] - The InnovizTwo LiDAR platform includes short- to mid-range capabilities for urban maneuvering and long-range capabilities for highway autonomy, with innovative blockage solutions for reliable performance [7] - InnovizSMART is designed for smart applications, integrated with NVIDIA Jetson Orin for real-time edge AI processing [7] Group 2: Strategic Partnerships and Vision - The recent partnership with Daimler Truck and Torc Robotics underscores Innoviz's commitment to providing top-tier LiDAR solutions for autonomous driving and smart applications [2] - The company aims to set high standards for safety and performance in the automotive industry, contributing to the development of safe autonomous vehicles [6] Group 3: Engagement Opportunities - Attendees at CES 2026 can meet Innoviz's management team to gain insights into the company's vision and upcoming projects [4] - Live demonstrations of Innoviz's LiDAR technology will be available at booth 7318, along with opportunities for pre-scheduled test drives [3][7]

Financial Performance - Q3 2025 revenues reached $15.3 million, a significant increase compared to $4.5 million in Q3 2024[25] - Year-to-date (YTD) revenues for 2025 totaled $42.4 million, approximately 2.3 times greater than the same period in 2024[8, 28] - Q3 2025 saw a cash burn of $14.0 million[8, 28] - Operating expenses were reduced to $18.1 million in Q3 2025, a 30% decrease from $26.0 million in Q3 2024[25] Business Development & Technology - A major commercial vehicle OEM selected Innoviz for series production of L4 autonomous class-8 semi trucks[7, 12, 29] - Innoviz has begun shipping InnovizTwo sensors for the OEM's data collection trucking fleet[12] - Innoviz is developing software modifications to address the OEM's unique vehicle integration requirements[12] - InnovizSMART-based perimeter security solution outperformed existing radar/camera systems in auditor testing[7, 16, 29] - Innoviz unveiled InnovizThree, designed for behind-the-windshield integration with a smaller form factor, better performance, and lower power consumption[8] Targets - The company is aiming for revenues between $50 million and $60 million[22] - The company is aiming for NRE Bookings between $30 million and $60 million[22]

Industry Overview - LiDAR technology is gaining traction in the automotive sector, particularly in premium vehicles and robotaxis, due to its capabilities in 3D mapping and object detection, enhancing advanced driver-assistance systems (ADAS) and autonomous driving applications [1][2] - The market for LiDAR is projected to reach a $19 billion addressable market by 2030, indicating significant growth potential [5] Company Analysis: Ouster, Inc. (OUST) - Ouster is positioned to capitalize on the increasing adoption of LiDAR across various sectors, including automotive, industrial, robotics, and smart infrastructure [4] - The 2023 merger with Velodyne has expanded Ouster's product lineup and customer base, with a target of achieving over $75 million in annual cost synergies [4] - The company is transitioning from hardware sales to software-driven solutions, aiming for recurring revenue through products like the Gemini perception platform and BlueCity analytics suite [5] - Ouster anticipates annual revenue growth of 30-50% and gross margins of 35-40%, supported by significant contracts and partnerships [5] - Despite revenue growth, Ouster remains unprofitable and expects cash burn through at least 2026, although it has a solid balance sheet with $171 million in cash and no debt [6] - OUST shares have increased by 170% year to date [6] Company Analysis: Innoviz Technologies (INVZ) - Innoviz aims to be a leading supplier of LiDAR solutions for autonomous driving, with strategic partnerships with major automotive players like BMW, Volkswagen, and Mobileye [7] - The company is focused on ramping up production of InnovizTwo and developing InnovizThree, targeting revenues of $50 million to $60 million by 2025 [8] - Innoviz is also unprofitable and expects continued cash burn, but is committed to managing expenses to improve its cash burn rate [8] - The company has launched a $75 million at-the-market program to support general business purposes, including R&D and production [10] - INVZ shares have gained 17.2% year to date [10] Financial Estimates - The Zacks Consensus Estimate for OUST's 2025 revenues and EPS indicates a year-over-year increase of 24% and 29.8%, respectively [11] - For INVZ, the estimates imply a year-over-year revenue increase of 189.8% and EPS growth of 44.7% for 2025 [12] Valuation Metrics - Ouster is trading at a forward 12-month price-to-sales multiple of 9.73, significantly above its median of 3.22 over the past three years [13] - Innoviz is trading at a forward price-to-sales multiple of 2.63, also above its median of 2.4 over the last three years [13] Conclusion - Ouster's broad product lineup and focus on software-led solutions position it well for future growth in the LiDAR market [15] - Innoviz is well-positioned in the automotive LiDAR market, particularly with the acceleration of Level 4 robotaxi deployments [15] - Both companies hold a Zacks Rank 3, but Innoviz is viewed as a safer investment option amid sector growth [16]

Financial Performance - H1 2025 revenue reached $27.1 million, exceeding the full-year 2024 revenue of $24.3 million[8, 12, 37] - Q2 2025 revenue increased by 46% year-over-year, reaching $9.7 million compared to $6.7 million in Q2 2024[8, 12, 32, 34] - Q2 2025 gross margin was 16%, while the H1 2025 gross margin was 31%[8, 12] - Cash burn in Q2 2025 decreased to $7.3 million, a significant reduction from $21.6 million in Q2 2024[8, 12, 33, 34, 37] - The company's liquidity stands at $79.4 million[12, 33] Strategic Developments - A Statement of Development Work (SODW) agreement was signed with a Top 5 passenger automotive manufacturer for a Level 3 global production vehicle program, with SOP planned for 2027[5, 13, 14, 15, 38] - InnovizSMART was launched for non-automotive applications, with collaborations announced with multiple companies[5, 19, 38] - The company shipped the first InnovizTwo units from Fabrinet's high-volume production line[6, 21, 38] Future Targets - The company aims to grow revenue to $50-60 million, more than double 2024 levels[29] - The company is updating NRE Bookings target to $30-60 million, already booking $20 million+ vs initial guide of $20-50 million[29]

Core Insights - Innoviz Technologies has made significant progress in 2025, achieving more revenue in the first half than in all of 2024, with a cash burn in Q2 being in the single digits [2][4][6] - The company signed a Statement of Development Work (SODW) agreement with a top 5 passenger automotive OEM for modifications to its InnovizTwo LiDAR for a level 3 global production vehicle program set for SOP in 2027 [2][6][7] - Innoviz introduced the InnovizSMART for industrial applications and announced several collaborations shortly after its launch, integrating it into the NVIDIA Jetson Orin ecosystem [2][7] Commercial and Strategic Updates - Innoviz is shipping units from its high-volume production line at Fabrinet to support L3, L4, and non-automotive applications [6][7] - The company is raising its 2025 NRE bookings target to $30-$60 million from $20-$50 million, having already booked over $20 million in NREs year to date [9][6] - The company aims for record H1 revenues exceeding full-year 2024 levels, with Q2 cash burn at approximately $7.3 million [6][8] Financial Results - Revenues in Q2 2025 were $9.7 million, up from $6.7 million in Q2 2024, driven by NRE services and LiDAR unit sales [4][17] - Operating expenses in Q2 2025 were $18.5 million, a 20% decrease from $23.3 million in Q2 2024, including $2.3 million in share-based compensation [4][17] - As of June 30, 2025, liquidity was approximately $79.4 million, consisting of cash and cash equivalents, short-term deposits, marketable securities, and short-term restricted cash [5] Updated Financial and Operational Targets - The company is reiterating its FY 2025 revenue guidance, expecting revenues of $50-$60 million, more than double the levels of 2024 [6][8] - Innoviz's development agreement with a top 5 passenger OEM reinforces its position as a preferred technology partner for global OEMs [6][9] - The company has begun shipping first units from Fabrinet's high-volume production line, supporting increasing demand from new and existing customers [6][7]

Core Insights - Innoviz has partnered with Cogniteam to deliver an integrated security solution that combines InnovizSMART's high-performance LiDAR with Cogniteam's AI-powered analytics for enhanced real-time monitoring and threat detection [2][3] - The InnovizSMART Long-Range LiDAR sensor is designed for various smart applications, including security, mobility, and intelligent traffic management, with capabilities of accurate object detection up to 400 meters [1][2] - The solution is already deployed in security settings and is marketed as a turnkey offering for safety and security professionals, highlighting the potential of LiDAR and AI analytics in transforming the safety and security industry [3] Company Overview - Innoviz is recognized as a global leader in LiDAR technology, serving as a Tier-1 supplier to major automotive manufacturers and focusing on the development of safe autonomous vehicles [4] - The company's LiDAR and perception software surpass human vision capabilities, aiming to meet the automotive industry's stringent performance and safety standards [4] - Innoviz operates across the U.S., Europe, and Asia, and has been selected by premium car brands for consumer vehicles and by various commercial and industrial leaders for diverse applications [4]

Core Insights - Innoviz has developed InnovizSMART, a rugged LiDAR sensor designed for smart infrastructure applications, featuring low power consumption and high-resolution 3D point cloud capabilities for accurate object detection up to 400 meters [1][2] - The sensor is built on the same technological foundation as Innoviz's automotive solutions, ensuring high performance and reliability for various applications, including traffic optimization and security [2] - Innoviz is recognized as a global leader in LiDAR technology, serving major automotive manufacturers and working towards the advancement of safe autonomous vehicles [3] Product Features - InnovizSMART offers true long-range detection of up to 400 meters, accurately identifying pedestrians and vehicles even at extended distances [6] - The sensor is designed to be resilient against dust, debris, and extreme temperatures, ensuring consistent performance in harsh conditions [6] - It features PoE-enabled connectivity, allowing for quick deployment on existing infrastructure using standard Ethernet, which simplifies installation and reduces costs [6] - InnovizSMART is privacy-conscious, capturing spatial data without identifying personal characteristics, thus enhancing safety and efficiency while maintaining privacy standards [6]