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Innoviz enters defense market, advances LiDAR tech, maintains $67-73M 2026 revenue outlook

Company Fundamentals
14 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Innoviz Technologies expanded into the defense and homeland security markets with its automotive-grade LiDAR sensors, securing engagements with Kela Technologies and a large holding group. The company is progressing well on automotive programs with VW, Mobileye, and Daimler Truck, targeting product launches in 2026 and beyond. Despite lower Q1 2026 revenues of $7.1 million due to delayed milestones, Innoviz reaffirmed its full-year revenue guidance of $67-$73 million. The launch of InnovizTwo Ultra Long-Range LiDAR with up to 1km sensing enhances capabilities across automotive and non-automotive sectors, supporting growth in fast-growing, high-margin markets.

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