Innoviz Technologies Ltd.
Innoviz Technologies Ltd. designs and supplies LiDAR sensing systems and related software for automotive and adjacent mobility and security applications. The company is headquartered in Israel and operates with customers across the United States, Europe, and Asia through its automotive-grade sensor platform and the Perciz defense and homeland security offering.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueLiDAR hardware designed for automotive OEM integration and vehicle safety applications.
Software tools that support sensing performance, object detection, and localization.
Perciz-branded LiDAR solutions used in counter-UAS, perimeter security, and homeland security.
Engineering, integration, and customer support tied to deployment programs.
Customers
Innoviz sells primarily to automotive OEMs that need LiDAR for advanced driver-assistance and autonomous-driving programs. It also serves system integrators and, through Perciz, municipalities, commercial enterprises, and government organizations that use LiDAR for security and situational awareness. Customer demand is tied to platform qualification, safety standards, and long deployment cycles, which makes design wins and program adoption especially important.
Buy LiDAR sensors and software for vehicle programs that require high-resolution 3D sensing and safety validation.
Integrate Innoviz hardware into broader sensing or security solutions for end customers.
Use Perciz LiDAR for counter-UAS, perimeter intrusion detection, and homeland security applications.
Buy LiDAR-based systems for public-safety, infrastructure, and site-monitoring use cases.
Strategy
Innoviz’s strategy is to commercialize its LiDAR platform in automotive programs while leveraging the same sensing technology in defense and homeland security markets. The company is also broadening its reach through software and complementary applications that can increase the usefulness of its hardware across multiple end markets. This dual-market approach is intended to improve customer diversification and extend the value of its core sensing technology.
Automotive programs can create long-duration revenue streams once a sensor is qualified and integrated.
The Perciz line gives the company a second commercialization path using its existing sensor technology.
Software can improve performance and make the sensing solution more valuable to customers.
Geography
2025Innoviz operates across the U.S., Europe, and Asia, reflecting a multinational customer base and program pipeline. The company is headquartered in Israel, with operating exposure tied to automotive development cycles and defense/security demand in multiple regions. Geography matters because sales depend on OEM qualification, integration support, and end-market adoption in distinct regulatory and procurement environments.
Share of the revenue the company reports by geography.
Risks
The business depends on long qualification cycles, customer program timing, and the ability to prove performance in demanding automotive and security environments. It also faces concentration in a technology market where adoption can be delayed by OEM budget decisions, integration challenges, and competition from alternative sensing approaches. Because operations span multiple regions, the company is also exposed to cross-border execution and procurement variability.
- Automotive program timing riskImpact: HighLikelihood: High
Revenue depends on OEM design wins, validation, and production ramp timing.
Exposure: Automotive LiDAR programs
- Technology adoption and competitionImpact: HighLikelihood: Medium
Customers may choose alternative sensing methods or delay LiDAR deployment.
Exposure: LiDAR sensors and software
- Geographic execution riskImpact: MediumLikelihood: High
Selling across the U.S., Europe, and Asia requires local support and coordination.
Exposure: International operations
- Government procurement riskImpact: MediumLikelihood: Medium
Defense and homeland security customers buy through budgeted procurement cycles.
Exposure: Perciz brand
Accounting
Judgemental itemsLiDAR contracts may include delivery, acceptance, or software elements that affect timing.
Impact: Reported revenue can shift between periods based on contract terms.
Sensor manufacturing requires estimates for obsolescence and excess stock.
Impact: Can materially affect gross asset values and operating results.
Management estimates the depreciation pattern for production and engineering assets.
Impact: Changes affect expense recognition and carrying value.
Operating lease right-of-use assets indicate significant facility commitments.
Impact: Affects balance sheet leverage and periodic lease expense.
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Last updated: 28/09/2026