Cooperation agreement with Nvidia boosts Israeli sales by another 20%

A day after the report by Arba Robotics, another Israeli autotech company reports cooperation with Nvidia . The Autotec company Inviz under the management of founder Omar Khilaf, reported that as part of the CES exhibition currently being held in Las Vegas, it will present how its technology works seamlessly with Nvidia’s DRIVE AGX Orin platform and offers software-based features designed to accelerate autonomous driving applications.

Inviz stated that the cooperation with Nvidia represents a significant leap in the industry’s transition towards AI-based systems and high performance, and that Inviz’s software is adapted to the Nvidia platform and enables real-time processing and understanding of the vehicle’s environment, and provides object identification, classification and tracking capabilities. According to the company, the solution is designed to improve safety and performance in autonomous driving and driver assistance systems (ADAS).

According to Khilf, “At Inviz, we are focused on expanding the boundaries of autonomous driving technology to ensure safer and more reliable systems for the future of mobility. By leveraging the Nvidia platform, we will be able to offer a powerful combination of advanced LiDAR sensors and software, which will allow car manufacturers to increase The scale is up to a fully autonomous vehicle.”

Inviz develops LiDAR, laser sensors for the automotive industry, and it began trading on Wall Street when it was merged with SPAC in 2021 at a value of 1.4 billion dollars. Inviz’s share was in a positive trend recently even before the current report, due to cooperation with Mobileye and due to new revenues it reported from engineering services.

The company is currently trading at a value of 336 million dollars, and its stock is up about 20% on the Nasdaq based on the current report.