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Innoviz Technologies Enters Strategic Partnership With Fabrinet To Launch InnovizTwo Mass Production

Benzinga·04/22/2025 12:04:13
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  • Innoviz has selected Fabrinet as its manufacturing partner for the InnovizTwo LiDAR platform
  • Fabrinet's expertise in automotive-grade manufacturing will enable Innoviz to scale production to volume efficiently and cost-effectively
  • Fabrinet's facility has passed rigorous audits by several global leading automotive OEMs

TEL AVIV, Israel, April 22, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today its strategic partnership with Fabrinet (NYSE:FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services. Fabrinet will act as the chosen manufacturing partner for the InnovizTwo LiDAR product platform, encompassing both the InnovizTwo Long-Range and InnovizTwo Short- to Mid-Range LiDAR solutions. The agreement with Fabrinet comes after Fabrinet's facility passed rigorous audits by several global leading automotive OEMs (Original Equipment Manufacturer) under the German automotive VDA 6.3 standard.