Innoviz Technologies Ltd. announced that Daimler Truck, one of the world's leading commercial vehicle manufacturers and Torc Robotics have selected Innoviz as its Short-Range LiDAR supplier for series production SAE Level 4 autonomous Class 8 semi-trucks. This announcement follows Innoviz'spre previous disclosure that a major commercial vehicle OEM had selected the Company for future series production of Level 4 autonomous trucks, now revealed to be Daimler Truck. Innoviz will supply its InnovizTwo Short-Range LiDAR sensors to support Daimler Truck and Torc Robotics' autonomous commercial vehicle program.

As part of a joint development effort, the companies will collaborate to advance the sensors for commercial trucking applications. Daimler truck and Torc Robotics plan to integrate Innoviz's LiDAR technology into the autonomous Freightliner Cascadia in combination with Torc's virtual driver as one of several key components enabling Level 4 autonomous trucking. The partnership positions Innoviz's technology as a critical component in Daimler Truck's strategy to bring autonomous trucks to market, with deployment planned across highway and regional routes in North America to help fleet operators improve operational efficiency, and enhance road safety.