Innoviz Technologies announces strategic operation optimization
The Tel Aviv-based Lidar sensor supplier aims for profitability by reducing workforce by 9%, saving $12 million annually
Innoviz Technologies Ltd., a tier 1 direct supplier of high-performance, automotive-grade Lidar sensors and perception software, based in Tel Aviv, Israel, announced a strategic optimization of its operations aimed at extending its cash runway and hastening progress toward profitability and free cash flow generation.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
