Innoviz Technologies Unlocks Mass Production of InnovizTwo LiDAR with Fabrinet Partnership

Innoviz Technologies Partners with Fabrinet for InnovizTwo Production

Innoviz Technologies Ltd., recognized as a prominent Tier-1 supplier of advanced automotive-grade LiDAR sensors, has recently announced a strategic collaboration with Fabrinet. This partnership aims to facilitate the mass production of Innoviz's newest LiDAR platform, known as InnovizTwo. This innovative product suite includes both long-range and short- to mid-range LiDAR solutions, designed to enhance safety and reliability in autonomous vehicles.

The announcement comes at a pivotal moment for Innoviz, as the company seeks to bolster its production capabilities amidst increasing demand from automotive manufacturers around the globe. Fabrinet, a leader in optical packaging and precision manufacturing, is well-equipped to support Innoviz in scaling its production efficiently and cost-effectively. This strategic move reflects Innoviz's commitment to meeting the stringent standards of the automotive industry, particularly as they relate to performance and safety.

"We are excited to partner with Fabrinet, whose world-class manufacturing expertise enables us to bring the InnovizTwo product platform to mass production," stated Omer Keilaf, CEO and Co-Founder of Innoviz Technologies. Keilaf emphasized that leveraging Fabrinet's capabilities would allow Innoviz to respond swiftly to customer needs while maintaining high-quality standards.

Fabrinet’s facility has successfully passed rigorous audits by multiple leading automotive OEMs, affirming its adherence to the stringent German automotive VDA 6.3 standard. This compliance not only underscores Fabrinet's manufacturing reliability but also positions it as a trusted partner for Innoviz as it focuses on designing cutting-edge technology for the future of autonomous driving.

Harpal Gill, President and Chief Operating Officer at Fabrinet, expressed enthusiasm for the partnership, stating, "Fabrinet is thrilled to support Innoviz in reaching this significant milestone of mass-producing the InnovizTwo and industrializing the Company's cutting-edge LiDAR technology." This collaboration is set to reinforce Fabrinet's role as a leading contract manufacturer within the automotive sector.

Fabrinet's extensive capabilities in transforming complex designs into full-scale production play a crucial role in this partnership. The facility designated for this project will be responsible for end-to-end manufacturing processes for both the long-range and short- to mid-range InnovizTwo LiDAR models. By utilizing Fabrinet’s global network of manufacturing sites in the US and Asia, Innoviz expects to scale its production to meet current and future customer demands effectively.

With a firm focus on its core strengths, Innoviz aims to concentrate on developing advanced LiDAR technologies while relying on Fabrinet to provide superior manufacturing support. This strategic alignment is anticipated to enable Innoviz to deliver automotive-grade, high-performance products at competitive price points, thereby expanding its market presence and solidifying partnerships with automotive OEMs.

Innoviz Technologies has established itself as a leader in LiDAR technology, serving various automotive manufacturers worldwide. The company is committed to advancing the future of transportation through safe autonomous vehicles. Innoviz's products are not only designed to outperform human drivers but also to minimize potential errors, thereby adhering to the industry's most demanding performance specifications.

As Innoviz moves forward with this promising collaboration, the trajectory of its innovative solutions in the automotive landscape appears brighter than ever. The partnership with Fabrinet is poised to enhance production efficiency and product availability, ensuring that Innoviz continues to meet the evolving needs of the automotive industry while paving the way for a safe, autonomous future. Innoviz’s commitment to quality and innovation reinforces its standing as a go-to solution provider in the realm of autonomous technology.

For more information about Innoviz Technologies and their innovative LiDAR solutions, visit Innoviz's website.