What Happened
LiDAR Supplier Expands Defense Market Presence Amid Strong Revenue Growth
Innoviz Technologies, a leading supplier of high-performance LiDAR sensor platforms, reported its second quarter 2026 results, highlighting a record revenue of $18.1 million. The company also announced the launch of its Perciz brand, dedicated to serving the defense and homeland security markets, and received its first multimillion-dollar orders from a defense customer. Innoviz’s automotive programs are progressing, with partnerships with VW, Mobileye, and Daimler Truck on track. The company reiterated its FY 2026 revenue outlook of $67-$73 million. This news was first reported by Innoviz Technologies.