GILLINGHAM, England and KFAR
SABA, Israel, Aug. 18, 2017 /PRNewswire/ -- Delphi
Automotive PLC (NYSE: DLPH) announced today it has signed a
commercial partnership agreement with Innoviz Technologies, a
leading Israeli-based company developing LiDAR technology for the
mass commercialization of autonomous vehicles. Innoviz's
proprietary LiDAR sensing solutions will be integrated into
Delphi's systems to provide automakers with a comprehensive
portfolio of autonomous driving technologies.
Innoviz LiDAR technology utilizes a solid-state design to
provide longer-range scanning performance and superior object
detection and accuracy capabilities. Long range LiDAR is
critical for enabling Level 3 and Level 4 autonomous vehicles to
travel at high speeds, as these vehicles will need to identify
objects at far distances and in great detail in order to operate
safely.
"Along with radar and vision technology, LiDAR is an essential
component to Delphi's automated driving perception suite," said
Glen De Vos, Delphi Automotive
senior vice president and chief technology officer. "Innoviz is
developing a product that provides a high performance intelligent
sensing solution to help advance automated driving
technology."
"Delphi shares our vision for making vehicles smarter and
safer," said Omer Keilaf, co-founder and CEO of Innoviz. "By
challenging the conventions of LiDAR design, we were able to
develop a LiDAR solution that delivers superior performance at a
reasonable price and in a much smaller footprint – three factors
that are required to help autonomous driving achieve mass
commercialization."
To further support the commercial partnership, Delphi has also
made a minority investment in Innoviz.
About Delphi
Delphi Automotive PLC is a
high-technology company that integrates safer, greener and more
connected solutions for automotive and transportation sectors.
Headquartered in Gillingham, U.K., Delphi operates technical
centers, manufacturing sites and customer support services in 46
countries. Visit delphi.com
About Innoviz Technologies
Innoviz develops
cutting-edge LiDAR remote sensing solutions to enable the mass
commercialization of autonomous vehicles. The company's LiDAR
products, InnovizOne™ and InnovizPro™, offer solid-state design
that uses Proprietary technology to deliver superior performance at
the cost and size required for mass market adoption. Headquartered
in Israel, the company was founded
in January 2016 by former members of
the elite technological unit of the Israeli Defense Forces with
renowned expertise in the fields of electro-optics, computer
vision, MEMS design and signal processing. Innoviz is backed by
top-tier investors including Vertex Venture Capital, Magma Venture
Partners, Amiti Ventures, Delek Motors and Mr. Zohar Zisapel. For
more information, visit www.innoviz.tech.
View original
content:http://www.prnewswire.com/news-releases/delphi-partners-with-innoviz-technologies-to-provide-high-performance-lidar-solutions-for-autonomous-vehicles-300506535.html
SOURCE Delphi Automotive PLC