Innoviz Technologies Ltd. announced the arrival of Innoviz360, the newest member of the company’s LiDAR family, during CES 2023 in Las Vegas, Nevada. As described in a press release, Innoviz360 is engineered to overcome the cost, size, and performance hindrances typically associated with traditional, spinning LiDAR.
“Innoviz continues to show its commitment to break through meaningful technology barriers that allow safety in mobility,” said Omer Keilaf, Co-Founder and CEO of Innoviz. “We are excited about our new product opening new industries for Innoviz and solving critical barriers for the world.”
Innoviz360 Specifications
Key Innoviz360 features include up to 1280 scanning lines per frame, configurable frame rate, 0.05°x 0.05° resolution, 64° vertical FOV, and 300 meters of range. Innoviz360 leverages other hardware advances from InnovizTwo, including a single laser, detector, and ASIC. According to the CES 2023 announcement, the resolution, vertical field of view, and reduced cost of Innoviz360 will help OEMs meet the challenges of Level 4 to 5 automation.
“It comes as no surprise that Innoviz, which is already a key player in the automotive LiDAR market, has entered the 360-degree spinning LiDAR market,” said Mark Fitzgerald, Director, Autonomous Vehicle Service at Strategy Analytics – Powered by TechInsights. “There is a market need for better-performing, lower-cost spinning LiDAR sensors, and the early specs for Innoviz360 are strong compared to other similar offerings.”
Milestones & Design Wins
In May 2022, Innoviz announced that a large vehicle manufacturer had selected the company to become its direct LiDAR supplier across multiple brands. “Being selected by a large-scale multi-brand global vehicle maker is a significant catalyst for Innoviz, and we expect this will affect the entire industry, which has been waiting for a decision of this magnitude,” Keilaf said at the time. The vehicle manufacturer was later revealed to be CARIAD, a subsidiary of Volkswagen Group.
Meanwhile, other OEMs are looking to Innoviz to support their vehicle platforms, including robotaxis, shuttles, and delivery trucks. At the beginning of 2023, Switzerland-based LOXO, a provider of zero-emission autonomous vehicles for last-mile delivery, said it will use InnovizOne LiDAR for its delivery vehicles. Following an initial evaluation period, LOXO plans to purchase more InnovizOne LiDAR units to support its delivery fleet, with pre-sales for the vehicle beginning in 2023.
“InnovizOne is expertly engineered to be compact and seamlessly integrate into our electric vehicle design,” said Amin Amini, Co-Founder & CEO of LOXO. “It’s accurate and high-performing, ensuring our vehicles navigate complex and obstacle-ridden urban road networks safely.”
Additional Applications
During CES 2023, Innoviz noted that Innoviz360 could enable autonomy in non-automotive applications, like heavy machinery, smart cities, logistics, construction, and maritime. “Innoviz360 adds another dimension to the company’s growth by enabling Innoviz to become a one-stop shop for all types of LiDAR solutions,” Keilaf added.
