If the firm is right, Innoviz shareholders could see large positive aspects.
Lidar, or laser-centered radar, is a important enabling engineering for most auto makers’ self-driving vehicles. Lidar is excellent at identifying objects far down the street and identifying velocity. In contrast to regular cameras, the know-how does not get blinded coming out of tunnels or in other challenging driving disorders. For illustration, the autonomous taxis that operate in Phoenix and Las Vegas are outfitted with lidars, in addition to cameras and conventional radars.
Lidar makers are in a new Wild West, 1 which includes a wide range of competing