EcoMotion Assembly will highlight some of the best and
brightest mobility tech companies, with international speakers from
the global industry
TEL
AVIV, Israel, May 28, 2024
/PRNewswire/ -- 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, today announced it will be hosting EcoMotion Assembly
2024 at its global headquarters in Rosh
Ha'ayin on Tuesday, June
4th 2024. This year's event on "Mobility
innovation in times of disruption" is attended by visitors from
across the global industry, including leading OEMs and
international consulting companies as well as business accelerators
and technology hubs. Omer Keilaf, Innoviz's Co-Founder and CEO will
open the event's agenda with a keynote on global collaboration and
partnerships across the mobility industry.
With over 16,000 members and 750 startups, EcoMotion is a
dynamic and growing global community in the smart mobility sector
which creates a platform for startups to connect and collaborate
with other community members including global industry, investors,
and public sector, while highlighting the latest technology
innovations in mobility. EcoMotion's mission is to advance the
smart mobility sector through technology by supporting startups to
scale and addressing the global mobility ecosystem challenges.
Innoviz hosting the community's annual assembly comes at a
promising time where leading brands including Mercedes and BMW have
introduced advanced stages of autonomous driving for consumers
across the United States and
Europe. We believe Innoviz had a
significant part in BMW achieving Level 3 autonomy this year with
its L3 Personal Pilot function.The company is also working with
Volkswagen to forward autonomous capabilities for the light
commercial vehicle, the ID. Buzz.
"It's been an exciting year for the automotive industry and
especially for the autonomous vehicle sector, with many automakers
reaching advanced levels of autonomy," said Omer Keilaf, CEO and
co-founder of Innoviz. "Hosting EcoMotion Assembly 2024
underscores our commitment to fostering collaboration that drives
innovation and sets the stage for the next generation of mobility
solutions. It's an honor to bring together industry leaders and
visionaries to explore new frontiers in automotive technology."
"Especially this year, I am grateful for Innoviz's invaluable
partnership in hosting the EcoMotion Community," said
Jennifer Schwarz, Executive
Director of EcoMotion. "It is incredible to collaborate with
Innoviz to make possible this pivotal annual ecosystem. EcoMotion
Assembly is an opportunity to highlight to the world the
technological excellence coming out of Israel today and the solutions which address
the critical challenges of the global mobility ecosystem." This
event will showcase cutting-edge advancements and host discussions
on the disruptive potential of smart mobility technology."
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 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. For more information, visit
innoviz.tech.com.
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Forward Looking Statements
This announcement contains certain forward-looking statements
within the meaning of the federal securities laws, including
statements regarding the services offered by Innoviz, the
anticipated technological capability of Innoviz's products, the
markets in which Innoviz operates and Innoviz's projected future
results. 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, the ability to convert design wins into
definitive orders and the magnitude of such orders, the ability to
identify and realize additional opportunities, potential changes
and developments in the highly competitive LiDAR technology and
related industries, and our expectations regarding the
impact of the evolving conflict in Israel to our ongoing operations. The
foregoing list is not exhaustive. You should carefully consider
such risk and the other risks and uncertainties described in
Innoviz's annual report on Form 20-F for the year ended
December 31, 2023, filed with the
U.S. Securities and Exchange Commission ("SEC") on March 12, 2024, and in other documents filed by
Innoviz from time to time with the SEC. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Forward-looking statements speak
only as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and Innoviz assumes
no obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. Innoviz gives no assurance that it
will achieve its expectations.
Media Contact
Media@innoviz-tech.com
Investor Contact
Investors@innoviz-tech.com
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