Innoviz Technologies Ships First InnovizTwo LiDAR Units from Fabrinet's High-Volume Production Line
Innoviz Technologies (NASDAQ: INVZ), a Tier-1 supplier of automotive LiDAR sensors, has achieved a significant milestone by shipping its first InnovizTwo LiDAR units from Fabrinet's high-volume production line.
The production launch follows extensive collaboration and training to ensure compliance with Innoviz's quality standards. Fabrinet (NYSE: FN), Innoviz's chosen manufacturing partner, provides a global manufacturing footprint across the US and Asia, enabling efficient and cost-effective scaling of production to meet growing autonomous vehicle industry demands.
Innoviz Technologies (NASDAQ: INVZ), fornitore di primo livello di sensori LiDAR per automotive, ha raggiunto un traguardo importante spedendo le sue prime unit脿 LiDAR InnovizTwo dalla linea di produzione ad alto volume di Fabrinet.
Il lancio della produzione segue una collaborazione approfondita e sessioni di formazione per garantire il rispetto degli standard di qualit脿 di Innoviz. Fabrinet (NYSE: FN), partner produttivo scelto da Innoviz, offre una presenza produttiva globale tra Stati Uniti e Asia, permettendo una scalabilit脿 efficiente e conveniente per soddisfare la crescente domanda nel settore dei veicoli autonomi.
Innoviz Technologies (NASDAQ: INVZ), un proveedor de nivel 1 de sensores LiDAR para automoci贸n, ha alcanzado un hito importante al enviar sus primeras unidades LiDAR InnovizTwo desde la l铆nea de producci贸n de alto volumen de Fabrinet.
El lanzamiento de la producci贸n sigue a una colaboraci贸n extensa y capacitaci贸n para asegurar el cumplimiento de los est谩ndares de calidad de Innoviz. Fabrinet (NYSE: FN), el socio manufacturero elegido por Innoviz, ofrece una presencia global de fabricaci贸n en EE. UU. y Asia, lo que permite una expansi贸n eficiente y rentable para satisfacer la creciente demanda de la industria de veh铆culos aut贸nomos.
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Innoviz Technologies (NASDAQ : INVZ), fournisseur de niveau 1 de capteurs LiDAR pour l'automobile, a franchi une 茅tape importante en exp茅diant ses premi猫res unit茅s LiDAR InnovizTwo issues de la ligne de production 脿 grande 茅chelle de Fabrinet.
Le lancement de la production fait suite 脿 une collaboration approfondie et 脿 des formations visant 脿 garantir le respect des normes de qualit茅 d'Innoviz. Fabrinet (NYSE : FN), partenaire de fabrication choisi par Innoviz, dispose d'une pr茅sence mondiale en fabrication aux 脡tats-Unis et en Asie, permettant une mont茅e en puissance efficace et 茅conomique pour r茅pondre 脿 la demande croissante de l'industrie des v茅hicules autonomes.
Innoviz Technologies (NASDAQ: INVZ), ein Tier-1-Zulieferer von Automotive-LiDAR-Sensoren, hat einen bedeutenden Meilenstein erreicht, indem es seine ersten InnovizTwo LiDAR-Einheiten von der Hochvolumen-Produktionslinie bei Fabrinet ausgeliefert hat.
Der Produktionsstart folgt auf eine umfangreiche Zusammenarbeit und Schulung, um die Einhaltung der Qualit盲tsstandards von Innoviz sicherzustellen. Fabrinet (NYSE: FN), der von Innoviz gew盲hlte Fertigungspartner, verf眉gt 眉ber ein globales Fertigungsnetzwerk in den USA und Asien, das eine effiziente und kosteng眉nstige Skalierung der Produktion erm枚glicht, um der wachsenden Nachfrage der autonomen Fahrzeugindustrie gerecht zu werden.
- Successfully initiated high-volume production of InnovizTwo LiDAR units
- Partnership with Fabrinet enables global manufacturing capabilities
- Production scalability positions company to meet growing autonomous vehicle market demand
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Insights
Innoviz achieves critical production milestone with first InnovizTwo LiDAR shipments from Fabrinet, signaling readiness for high-volume automotive market scaling.
The shipment of the first InnovizTwo LiDAR units from Fabrinet's high-volume production line represents a crucial operational breakthrough for Innoviz Technologies. This milestone demonstrates that Innoviz has successfully transferred its complex LiDAR technology to a contract manufacturing partner capable of automotive-grade mass production - a notoriously difficult transition in the sensor technology space.
What makes this particularly significant is the manufacturing credibility this partnership brings. Fabrinet is a well-established contract manufacturer with proven capabilities in producing precision optical components at scale. The successful completion of knowledge transfer, training, and quality control implementation indicates Innoviz has overcome the common hurdles that typically delay production ramps in advanced sensing technologies.
From a supply chain perspective, Fabrinet's global manufacturing footprint across the US and Asia provides Innoviz with both geographic diversification and scalability. This multi-region capability is strategically valuable for serving global automotive OEMs who require regional supply security and consistent quality across markets.
For context, the LiDAR industry has struggled with the transition from low-volume prototypes to automotive-grade mass production. Several competitors have faced significant delays or quality issues when attempting to scale. Innoviz's successful production launch suggests they've navigated this critical phase that has challenged many sensor companies targeting the autonomous vehicle market.
This production milestone transforms Innoviz's market position from a technology developer to a volume supplier - essential for serving automotive customers who make purchasing decisions based heavily on manufacturing readiness and quality process maturity.
Innoviz and Fabrinet mark key production milestone, enabling high-volume LiDAR manufacturing for autonomous vehicles
The production ramp-up at Fabrinet's facility follows months of collaboration and extensive training, ensuring that all production procedures meet Innoviz's rigorous quality standards. Following this thorough preparation process, the first units have been successfully assembled. With this shipment, Innoviz has taken a significant step toward delivering high-volume production while maintaining an outstanding quality process to meet its customers' requirements.
"Shipping the first InnovizTwo units from Fabrinet is a critical achievement for us," said Ido Luski, Innoviz's Co-Chief Operation Officer. "This milestone proves that we are well positioned to ramp up production, scale our operations and meet growing demand efficiently and cost effectively at the highest automotive-grade standard."
As recently by Innoviz, Fabrinet is Innoviz's chosen manufacturing partner for the InnovizTwo LiDAR product platform. Fabrinet's global footprint of manufacturing sites spread across听the United States听and听Asia听enables Innoviz to scale production to volume efficiently and cost-effectively. With this first shipment, Innoviz moves closer to meeting the growing demand for scalable autonomous vehicle solutions for automotive OEMs and mobility companies worldwide.
About Innoviz
Innoviz is a global leader in 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 and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the
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This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding Innoviz's expectations, plans, and future prospects related to the strategic partnership with Fabrinet, the anticipated scaling of production, the economic benefits of the partnership and Fabrinet's compliance with the highest automotive-grade standards. 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 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, and our expectations regarding the impact of the evolving conflict in
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