Tel Aviv, ISRAEL – July 8, 2025 – Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today the shipment of the first InnovizTwo LiDAR units from Fabrinet’s (NYSE: FN) 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.
“Shipping the first InnovizTwo units from Fabrinet is a critical achievement for us,” said Ido Luski, Innoviz’s Co-Chief Operation Officer. “This milestone proves that we are well positioned to ramp up production, scale our operations and meet growing demand efficiently and cost effectively at the highest automotive-grade standard.”
As recently announced by Innoviz, Fabrinet is Innoviz’s chosen manufacturing partner for the InnovizTwo LiDAR product platform. Fabrinet’s global footprint of manufacturing sites spread across the United States and Asia enables Innoviz to scale production to volume efficiently and cost-effectively. With this first shipment, Innoviz moves closer to meeting the growing demand for scalable autonomous vehicle solutions for automotive OEMs and mobility companies worldwide.
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.com.
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