Israel’s Innoviz joins hands with Korea’s Vueron Tech to build autonomous driving platform

Israel-based Innoviz Technologies, a leading provider of high-performance, solid-state LiDAR sensors and perception software has joined hands with South Korea’s Vueron Technology, a leading LiDAR perception software and autonomous driving technology company to build an autonomous driving platform for LiDAR-only self-driving vehicles.

Vueron is among the few companies in Korea to have received the self-driving permits issued by the government in January of this year. Following receipt of the permit, Vueron executed a 414-kilometre, fully automated, LiDAR-only drive from the capital city of Seoul to the southern port city of Busan, at a maximum speed of 100kph. The mandated safety driver on board did not hold the steering wheel at any time during the full five hours of the historic drive.

Omer Keilaf, CEO and co-founder, Innoviz Technologies said: "At Innoviz, we are passionate about solving the challenges associated with autonomous driving and bringing the most reliable and highest-resolution LiDAR to the market. We are impressed by Vueron's high-performance LiDAR perception software and appreciate their unique understanding of the automotive LiDAR market in South Korea. Innoviz's LiDAR and Vueron's software jointly enable an accurate and reliable LiDAR solution that meets the needs of customers in this region. We are looking forward to joining together with Vueron and pioneering the future of autonomous driving with them."

Joseph Kim, CEO, Vueron Technologies said: "We are pleased to partner with Innoviz and use their solid-state LiDAR sensor, InnovizOne, in our autonomous vehicles. We see InnovizOne as the front-runner in LiDAR technology and design and highly recommend it to our peers. Both companies are fortunate to have had the same early-stage investor, Naver, and we take this opportunity to congratulate Innoviz for becoming a NASDAQ-traded company last month. We look forward to many years of fruitful cooperation, using Innoviz LiDAR in our solutions for ADAS, autonomous vehicles, industrial safety, IOT and security systems."