HiRain developed its personal roadside V2X answer utilizing InnovizOne LiDAR. The five-in-one sensor unit screens site visitors from a hen’s eye view, accumulating environmental information and sending it in actual time to a high-performance laptop, which then broadcasts the information to all surrounding vans in order to keep away from collisions.
“The global supply chain crisis is being made worse by labor shortages and higher levels of congestion at ports in China and around the world,” mentioned Omer Keilaf, co-founder and CEO of Innoviz. “The deployment of HiRain’s autonomous vehicle and V2X systems using InnovizOne LiDAR comes at an especially opportune time, as it will greatly improve efficiencies and enable 24/7 operations.”
Innoviz and HiRain started working collectively in 2018, and HiRain plans to combine Innoviz’s next-generation LiDAR sensor, InnovizTwo, into its platforms, to make port operations even safer and extra environment friendly.
“LiDAR is one of the most critical technologies of our time and will play an outsized role in the development of not just autonomous vehicles, but also the infrastructure they require to communicate with one another,” mentioned Dr. Chengjian Fan, CTO & Deputy GM of Hirain Technologies. “We have very much enjoyed working with the Innoviz team to bring these products to market, and look forward to developing additional products using Innoviz’s solutions.”
About Beijing JingWei Hirain Technologies
Founded in 2003, HiRain focuses on offering digital merchandise, R & D providers and general options for high-level clever driving to prospects in the fields of automobile and unmanned transportation. Headquartered in Beijing, HiRain has established fashionable manufacturing vegetation in Tianjin and Nantong, forming an ideal R & D, manufacturing, advertising and marketing and service system. Based on the idea of “value innovation and serving customers”, the corporate adheres to the methods of “professional focus”, “technology leadership” and “platform development”, and is dedicated to turning into a world-class complete digital system know-how service supplier, a full stack answer provider for clever networked automobiles, and a frontrunner in high-level clever driving MaaS options. For extra data please go to: https://www.hirain.com/
About Innoviz Technologies
Innoviz is a world chief in LiDAR know-how, working in direction of a future with secure autonomous automobiles on the world’s roads. Innoviz’s LiDAR and notion software program “see” higher than a human driver and cut back the potential of error, assembly the automotive business’s strictest expectations for efficiency and security. Operating throughout the U.S., Europe, and Asia, Innoviz has been chosen by internationally acknowledged premium automotive manufacturers to be used in client automobiles in addition to by different business and industrial leaders for a variety of use circumstances. For extra data, go to innoviz-tech.com
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Forward Looking Statements
This announcement accommodates sure forward-looking statements throughout the which means of the federal securities legal guidelines, together with statements concerning the providers supplied by Innoviz, the anticipated technological functionality of Innoviz’s merchandise, the markets in which Innoviz operates and Innoviz’s projected future outcomes. These forward-looking statements usually are recognized by the phrases “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and comparable expressions. Forward-looking statements are predictions, projections and different statements about future occasions which might be based mostly on present expectations and assumptions and, in consequence, are topic to dangers and uncertainties. Many elements might trigger precise future occasions to vary materially from the forward-looking statements in this announcement, together with however not restricted to, the flexibility to implement business plans, forecasts, and different expectations, the flexibility to determine and understand extra alternatives, and potential adjustments and developments in the extremely aggressive LiDAR know-how and associated industries. The foregoing listing of things shouldn’t be exhaustive. You ought to rigorously take into account the foregoing elements and the opposite dangers and uncertainties described in Innoviz’s annual report on Form 20-F filed with the SEC on April 21, 2021, and different paperwork filed by Innoviz now and again with the SEC. These filings determine and handle different vital dangers and uncertainties that might trigger precise occasions and outcomes to vary materially from these contained in the forward-looking statements. Forward-looking statements converse solely as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and Innoviz assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not on account of new data, future occasions, or in any other case. Innoviz provides no assurance that it’ll obtain its expectations.
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SOURCE Innoviz Technologies
