Innoviz Tech’s new HD LiDAR solution promises 10x performance at a lower cost

Israel-based Innoviz Technologies, a leading provider of high-performance, reliable and affordable LiDAR sensors and perception software has added a next-generation sensor to its product line - the Innoviz360.

The third-generation LiDAR product will be offered alongside Innoviz's perception software, which converts the LiDAR's raw point cloud data into high-quality outputs for superior object detection, classification and tracking.

The company says the Innoviz360 HD LiDAR sensor represents a breakthrough that leapfrogs traditional, standard-resolution spinner solutions that are performance limited, expensive, big and unreliable. Unlike traditional spinner solutions that are performance limited with only up to 128 scanning lines, the new, lightweight, Innoviz360 LiDAR allows multiple scanning software configurations with up to 1,280 scanning lines (10x) at a cost-effective and durable solution than traditional 360deg LiDARs.

Innoviz360's HD, wide FoV (360deg x64deg) and reduced cost will help overcome major challenges in achieving full automation in scale for L4-L5 automotive applications, such as robotaxis, shuttles and trucks, and opens new market opportunities for the company beyond the automotive space. Innoviz says these industries include logistics, mapping, industrial and smart infrastructures, which are expected to provide new meaningful revenues starting in 2023. It expects samples of its Innoviz 360 HD LiDAR to be available in Q4 2022.

Omer Keilaf, co-founder and CEO, Innoviz Technologies said, "After successfully solving the limitations of LiDARs for the passenger vehicle industry with InnovizTwo, we are excited to bring the disruption to the spinner category with our new Innoviz360 HD LiDAR. With its high-resolution and wide field of view, the new architecture breaks through the performance and cost limitations of traditional and standard-resolution 360 spinners which will support not only the needed growth in the automotive market, but also in emerging markets such as smart infrastructure, logistics and industrial".

The Innoviz360 LiDAR can serve platforms such as the Nvidia Drive, an end-to-end development platform and reference architecture for designing and safely deploying autonomous vehicles.  

Gary Hicok, SVP – Engineering, Nvidia said, "New solutions and innovations such as the Innoviz360 running on our open and scalable Drive platform can help the industry achieve truly autonomous transportation."