The Impact Report highlights Innoviz's commitment to
social impact, sustainable operations, and responsible business
practices
TEL
AVIV, Israel, June 25,
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 the release of its first
Impact Report, covering the Company's initiatives and activities
for 2022 to 2023 (the "Impact Report"). This comprehensive document
underscores Innoviz's dedication to social impact, sustainable
operations, and responsible business practices.
The Impact Report highlights Innoviz's core values and strategic
efforts to empower the Company, employees, partners, and local
communities to guide the Company's vision for a positive impact.
Furthermore, the Impact Report summarizes the steps that Innoviz
has taken to develop and uphold the highest standards of
responsible corporate governance.
"As a player in the automotive industry, our mission is not just
to do less harm, but to do good, by creating a unique technology
that is safe by design", said Omer Keilaf, CEO and Co-Founder of
Innoviz Technologies. "Traffic accidents, a persistent challenge in
society, inspired us to reimagine the status quo and build products
that could be a part of a new era of mobility, enabling vehicles to
navigate roads autonomously. While developing our products, we
remain focused on our commitment to people and the planet".
For the full Impact Report and for more details, please see
here.
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.
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Media Contact
Media@innoviz-tech.com
Investor
Contact
Investors@innoviz-tech.com
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,"
"commitment", "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.
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SOURCE Innoviz Technologies
