Innoviz Technologies Soars 10.45% on Strategic Partnerships

Innoviz Technologies rose 10.45% in pre-market trading on June 19, 2025, reflecting a significant surge in investor interest and confidence in the company's strategic initiatives.

Innoviz Technologies is undergoing a transformative shift, driven by strategic partnerships with industry giants Mobileye and NVIDIA. These collaborations are aimed at enhancing the company's LiDAR technology and perception software, which are crucial for autonomous vehicles and other advanced applications.

The partnership between Innoviz Technologies and Cogniteam, announced in June 2025, marks a strategic pivot for the Israeli LiDAR leader. By merging Innoviz's long-range LiDAR technology with Cogniteam's AI-driven analytics platform, the duo is targeting high-margin security applications. This shift could position Innoviz as a leader in next-gen safety solutions, unlocking value in sectors hungry for real-time threat detection and infrastructure protection.

The joint solution combines InnovizSMART's industry-leading LiDAR—capable of detecting objects up to 400 meters in adverse conditions—with Cogniteam's AI platform, which analyzes spatial data to trigger instant alerts for security teams. This integration addresses critical pain points in surveillance, including accuracy in harsh environments, real-time decision-making, and scalability.

Innoviz's core automotive business, while lucrative, faces headwinds from supply chain volatility and pricing pressures. By expanding into security, the company taps into a sector with faster sales cycles and superior margins. This move also mitigates reliance on the automotive sector, which accounted for nearly 80% of Innoviz's revenue in 2024. Diversification into infrastructure protection, smart mobility, and intelligent traffic management—sectors projected to grow at 12-15% CAGR through 2030—offers a buffer against industry-specific downturns.

Innoviz Technologies is also set to supply LiDAR for a top automaker's Level 3 autonomous driving system, further solidifying its position in the automotive sector. This deal underscores the company's expertise in LiDAR technology and its ability to meet the demands of leading automakers.