If the business is ideal, Innoviz shareholders could see major benefits.
Lidar, or laser-based mostly radar, is a key enabling technological know-how for most auto makers’ self-driving vehicles. Lidar is good at figuring out objects significantly down the street and determining pace. In contrast to classic cameras, the engineering doesn’t get blinded coming out of tunnels or in other challenging driving conditions. For example, the autonomous taxis that run in Phoenix and Las Vegas are outfitted with lidars, in addition to cameras and traditional radars.
Lidar makers are in a new Wild West, 1 which involves a variety of competing