Innoviz Technologies is an Israel-based manufacturer of LiDAR sensors for autonomous vehicles. LiDAR uses laser pulses to generate real-time 3D maps of a vehicle's surroundings, and Innoviz argues this makes it a critical sensing layer for autonomous driving that cameras and radar cannot replicate. Innoviz's core product is the InnovizTwo platform, a family of long-range and short-to-mid-range sensors paired with a software stack that converts raw sensor data into perception-ready outputs. Innoviz recently launched InnovizThree, a third-generation sensor with a smaller form factor suited for behind-the-windshield mounting and roughly 35% lower cost versus InnovizTwo. Innoviz sells directly to automotive OEMs as a Tier-1 supplier and through platform partners like Mobileye, whose autonomous driving platform designates Innoviz as its LiDAR sensor. Key customers include Volkswagen, Daimler Truck, BMW, and NVIDIA's Hyperion platform. Revenue today is dominated by non-recurring engineering payments, where OEMs fund Innoviz's development work against milestones ahead of production. As programs reach Start of Production — VW's ID.Buzz shuttle program is targeted for mid-2026 — unit sales are expected to become the primary revenue driver. Innoviz also sells through InnovizSMART, a version of its platform targeting perimeter security, traffic management, and robotics, where per-unit prices are higher than in automotive.