"Patience is a Super Power" - "The Money is in the waiting"
Showing posts with label partnership. Show all posts
Showing posts with label partnership. Show all posts

Wednesday, December 11, 2024

Innoviz "INVZ" strikes gold with another partnership in the AV growth sector, with Mobileye!

 


Investment Report on Innoviz Technologies Ltd (INVZ)

Introduction Innoviz Technologies Ltd (NASDAQ: INVZ) is a leading provider of high-performance LiDAR sensors and perception software that enable the mass production of autonomous vehicles (AVs). The company’s innovative technology solutions are critical for enhancing the safety and functionality of autonomous systems across industries.


Technology Overview

LiDAR Sensors Innoviz’s core technology revolves around advanced solid-state LiDAR (Light Detection and Ranging) sensors. Unlike mechanical LiDAR systems, Innoviz’s solid-state design ensures higher durability, reliability, and scalability for mass production. Key features include:

  • High-Resolution Imaging: Offers detailed environmental mapping.

  • Long-Range Detection: Extends up to 250 meters, suitable for highway driving and urban environments.

  • Compact Design: Facilitates integration into various vehicle designs.

Perception Software Innoviz complements its LiDAR hardware with cutting-edge perception software that processes LiDAR data to create a real-time 3D view of the surroundings. This software is vital for object detection, classification, and tracking, enabling safe navigation in dynamic environments.

Recent Tech Advancements at INVZ



  • InnovizTwo LiDAR: Enhanced performance with reduced cost, enabling greater adoption across consumer vehicles.

  • Innoviz360: A next-generation LiDAR designed for applications beyond automotive, such as robotics, drones, and industrial automation.


Partnerships and Collaborations

Autonomous Vehicle (AV) Ecosystem Innoviz has established itself as a key player in the AV ecosystem through partnerships with leading automotive manufacturers and technology companies. Notable collaborations include:


  • BMW: Innoviz is the exclusive supplier of LiDAR sensors for BMW’s upcoming Level 3 autonomous vehicles.

  • Robotics & Industrial Applications: Partnerships with robotics firms to integrate Innoviz’s LiDAR technology into warehouse automation and delivery systems.

Newest Partnership with Mobileye 


Today, Innoviz announced a strategic partnership with Mobileye, a global leader in AV technology and advanced driver-assistance systems (ADAS). This collaboration marks a significant milestone for Innoviz, as Mobileye’s robust ecosystem will amplify the reach and integration of Innoviz’s LiDAR technology.

  • Scope of Partnership:

    • InnovizTwo will be integrated into Mobileye’s next-generation autonomous driving platforms.

    • The collaboration aims to reduce costs and accelerate timelines for deploying scalable autonomous solutions.

  • Strategic Impact:

    • Strengthens Innoviz’s market position in the competitive AV industry.

    • Expands revenue opportunities through Mobileye’s established relationships with automakers.


Financial Performance

Recent Financial Metrics As of the latest fiscal reports:

  • Revenue: $7.2 million in Q3 2024, reflecting a YoY growth of 68%.

  • Gross Margin: Improved to 23%, up from 15% YoY, driven by cost optimization in manufacturing.

  • Net Loss: Reported a net loss of $24.5 million, narrowing from $30 million YoY.

  • Cash and Cash Equivalents: $145 million, providing a solid runway for continued R&D investment.

Growth Prospects

  • Automotive Market Penetration: Expected to grow significantly with production agreements like the one with BMW.

  • Diversified Applications: Expansion into non-automotive sectors such as industrial automation and smart cities.

  • Mobileye Partnership: Anticipated to drive significant revenue growth starting in 2025.

Risks

  • Competitive Market: Faces competition from LiDAR providers like Aeva, Oust and Luminar.

  • Profitability Timeline: Continued net losses highlight the challenge of achieving profitability in the near term.


Investment Outlook

Strengths

  • Industry-leading technology in LiDAR sensors and perception software.

  • Strategic partnerships with top-tier players like BMW and Mobileye.

  • Strong growth trajectory in revenue and market adoption.

Challenges

  • High R&D and operational expenses impacting short-term profitability.

  • Dependence on broader AV market adoption and regulatory developments.

Conclusion Innoviz Technologies Ltd represents a compelling investment opportunity for those seeking exposure to the autonomous driving and advanced sensor market. Its recent partnership with Mobileye and continued technology advancements position it as a frontrunner in the LiDAR industry. However, potential investors should weigh the risks associated with market competition and profitability timelines.

Recommendation Consider Innoviz as a growth-oriented investment within a diversified portfolio, particularly for those with a long-term outlook on the AV and robotics industries.

ED Note:

We are invested in Innoviz, Aeva, Oust and Luminar, in the Lidar market!

Tuesday, October 1, 2024

Today: MAG Aerospace has partnered with Zapata Ai to advance it's global airborne intelligence and electronic warfare platform

  This is what they told investors:

From Zapata's news release:

MAG Aerospace Partners with Zapata AI to Deliver Next-generation Airborne Surveillance Platform



Zapata Ai has told investors for some time now that, it specializes in developing quantum algorithms and software platforms (Quantum Ai), such as Orquestra, designed to solve complex computational problems across various industries.

In addition to aerospace companies and U.S. government agencies

Zapata Computing said it has attracted interest from a diverse range of industries, from Government and Aerospace companies.

"BOMBSHELL" NEWS:

Editors Note: We (and all investors) just got slammed by the board at Zapata!

  1. Oct 12 - Zapata dropped a bombshell on investors!

  2. Zapatas board approved the termination of all employees, save for a few who will conduct the winding down operations. The company said its financial obligations are more than the fair market value of its assets.

    Further, the company said it didn't expect to initiate bankruptcy proceedings or seek stockholder approval for the cessation of operation.

  3. It also said that shareholders will not participate in any of it's assets (Read technology/patents)

  4. This is a blindside attack on shareholders who were led to believe the company was beginning to thrive on the back of recent deals with Government agencies and Mag Aerospace!

  5. No doubt there will be some sort of legal action!

Monday, July 15, 2024

In the realm of Quantum computing, is it likely that Microsoft might absorb Quantinuum? Stay tuned folks!

 

Picture is a representation by Dall E-3

Microsoft and Quantinuum have partnered to significantly advance quantum computing technology through a series of breakthroughs in qubit virtualization and error correction. This collaboration has led to the creation of highly reliable logical qubits, which are essential for fault-tolerant quantum computing.

The partnership leverages Quantinuum's H-Series ion-trap quantum computers, which feature 32 fully connected qubits and a high two-qubit gate fidelity of 99.8%. Microsoft has applied its qubit virtualization system to this hardware, resulting in logical qubits with an error rate 800 times lower than that of the physical qubits​ (Azure)​​ (Quantinuum)​. This advancement is crucial for scaling quantum computers and making them practical for real-world applications.

One of the significant achievements of this collaboration is the successful execution of 14,000 independent quantum circuit instances without a single error. This milestone demonstrates the ability to diagnose and correct errors in real-time, a process known as active syndrome extraction​ (The Official Microsoft Blog)​​ (Quantinuum)​.

The partnership between Microsoft and Quantinuum dates back to 2019 and has focused on integrating their technologies to enhance the reliability and scalability of quantum computing. By reducing the number of required physical qubits for creating reliable logical qubits, they have challenged previous assumptions about the resources needed for fault-tolerant quantum computing​ (Quantinuum)​​ (Quantinuum)​.

These advancements are set to transform industries by enabling complex computations that were previously infeasible with classical computers. Potential applications include materials science, drug discovery, and other fields requiring the simulation of quantum interactions at an unprecedented scale​ (The Official Microsoft Blog)​​ (Quantinuum)​.

Currently, there is no concrete evidence or announcements indicating that Microsoft plans to acquire Quantinuum. However, the deep collaboration and significant technological advances achieved together suggest a strong and growing partnership.

Microsoft and Quantinuum have been working closely for over five years, focusing on integrating their technologies to enhance quantum computing. 

This collaboration has led to breakthroughs such as the creation of highly reliable logical qubits, which are essential for fault-tolerant quantum computing. They have demonstrated logical qubits with error rates 800 times lower than physical qubits, a significant milestone in the field​ (Azure)​​ (Quantinuum)​​ (Quantinuum)​.

While these achievements highlight the synergy between the two companies, an acquisition would depend on various strategic, financial, and market considerations that go beyond their technological collaboration. 

For now, their partnership continues to drive forward the quantum computing landscape without any public indications of an acquisition​ (Quantinuum)​​ (Quantinuum)​.

More...

Quantinuum is pushing the limits of trapped ion technology! Currently a private company, 54% is owned by business powerhouse, Honeywell!

Pure plays in the race for Quantum Computing technology, IONQ, Quantinuum and D-wave technologies - comparisons!