Delphi takes stake in lidar startup Innoviz

August 29, 2017 //By Peter Clarke
Delphi takes stake in lidar startup Innoviz
Automotive supplier Delphi Automotive plc (Gillingham, England) has said it has taken a minority stake in Innoviz Technologies Ltd. (Kfar Saba, Israel), a 2016 startup developing infrared solid-state lidar sensors for autonomous vehicles.

Delphi has also partnered with Innoviz and said that the Israel company's lidar sensors will be integrated into Delphi's autonomous driving products.

Innoviz lidar technology utilizes a solid-state design to provide long-range scanning performance and object detection. Long-range lidar is necessary to enable so-called 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.

"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," said Omer Keilaf, co-founder and CEO of Innoviz, in a statement issued by Delphi.

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