INVZ is trading 4.8% up at $0.63 as it continues to rally following the announcement of a major LiDAR supply deal for Mobileye’s planned U.S. robotaxi service.
- The agreement involves supplying nine InnovizTwo LiDAR sensors per vehicle for the Mobileye Drive platform.
- The deal targets approximately 150,000 units, representing a significant multi-year volume opportunity for the company.