Innoviz Technologies (INVZ) Launches InnovizSMART

Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today the launch of InnovizSMART Long-Range, a new high-performance LiDAR sensor tailored for smart applications, such as security, mobility, aerial, robotics, and intelligent traffic management. The product brings Innoviz's proven automotive-grade performance to the smart applications space, offering a long-range solution with native Power over Ethernet (PoE) support for easy deployment and maintenance in urban environments.

Developed further to demand from customers, InnovizSMART is a rugged and reliable LiDAR sensor that features low-power consumption, a uniform field-of view and high-resolution 3D point cloud that enables accurate object detection at distances of up to 400 meters - even in harsh outdoor conditions like dust, sunlight, and rain. With PoE capabilities, the system requires only a single Ethernet cable for both data and power, simplifying installation and reducing infrastructure costs.

InnovizSMART Key features include:

• True long-range detection of up to 400 meters, with accurate identification of pedestrians and vehicles even at extended distances.
• Blockage resilience to dust, debris, and extreme temperatures.
• Uniform resolution across the field of view, enabling consistent tracking performance across wide intersections or corridors.
• PoE-enabled connectivity, allowing for fast deployment on existing poles or traffic light infrastructure using standard Ethernet.
• Privacy-conscious by design: InnovizSMART captures spatial data without identifying personal characteristics, offering cities a reliable tool for improving safety and efficiency while upholding privacy standards.

"InnovizSMART is built on the same technological foundation as Innoviz automotive solutions, bringing the quality and standard to the smart infrastructure space," said Omer Keilaf, CEO and Co-Founder of Innoviz. "From traffic optimization to security deployments and more, InnovizSMART offers cities and solution providers a high-performance tool with the privacy, reliability, and durability of an automotive-grade product."

For more information about InnovizSMART Long-Range, email: [email protected].

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