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

Author: Benzinga Newsdesk | April 22, 2025 07:04am

• 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.

Posted In: FN INVX INVZ