Innoviz Technologies Ltd. announced the shipment of the first InnovizTwo LiDAR units from Fabrinet's high-volume production line. This marks a major milestone in Innoviz's journey to mass-produce its InnovizTwo LiDAR technology for the autonomous vehicle industry. 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. As recently announced by Innoviz, Fabrinet is Innoviz's chosen manufacturing partner for the InnovizTwo LiDAR product platform.

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 U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases.