Mobileye Taps Innoviz to Supply Lidar for Self-Driving Systems

Mobileye Global Inc. will use laser sensors made by Innoviz Technologies Ltd. for its autonomous driving system it supplies to vehicle manufacturers, a potential revenue boost for the upstart as it seeks to become profitable through wider deployment of self-driving vehicles.

Innoviz will provide lidar sensors to Mobileye starting in 2026, the companies said in a joint statement on Wednesday. The laser-based sensors are used to help autonomous vehicles detect their surroundings and are seen as key to enabling the automated driver-assist features Mobileye specializes in and more robust autonomous driving systems in the future.