Innoviz sees lidar demand rebounding in automotive and security
Innoviz Technologies expects lidar demand to rebound in automotive as Level 3 and Level 4 autonomy programs regain momentum.
The company sees its biggest near-term growth opportunity in security and defense, where lidar can help with perimeter security and drone detection.
Innoviz is positioning its next-gen InnovizThree lidar for behind-the-windshield installation, aiming to cut costs by 35% while appealing to automakers that want easier integration and cleaner vehicle design.