Innoviz Technologies ( Nasdaq: INVZ) (the "Company" or "Innoviz"), a technology leader of high-performance, solid-state LiDAR sensors and perception software, and Sensagrate.
A leader in smart city technology that enables real-time traffic, pedestrian and cyclist safety on roadways, a joint smart intersection corridor pilot at UCLA.
Sensagrate integrated InnovizOne LiDARs with SensaVision, a computer vision platform, and is fusing them with data from radar and camera sensors to create a smart corridor at an intersection at the UCLA campus.
Going forward, Innoviz and Sensagrate will tackle smart city challenges across Arizona through partnerships with government transportation departments to pilot emerging technology using LiDAR sensors.
The SensaVision Platform, enabled by InnovizOne LiDARs, gathers data on traffic volume and other roadside safety metrics for root cause analysis of pedestrian-related incidents, improving pedestrian and automobile safety.
The smart corridor will test smart sensing for intersections powered by Innoviz and Sensagrate via (I2V) and vehicle-to-everything (V2X) applications, all powered by NVIDIA jetson edge computing.
In addition to the sensors on the infrastructure, the platform is further connected with UCLA's autonomous vehicle, enhancing the V2X analytics. Both Innoviz and Sensagrate are excited for the site results and insights ahead of October, which is National Pedestrian Safety Month.
The InnovizOne LiDAR is ideal for smart city applications because it provides accurate data during adverse weather and lighting conditions, and its robust design ensures durability over time. The InnovizOne LiDAR does not impinge on privacy, unlike other sensors that may have difficulty complying with GDPR and other privacy laws.
"Innoviz is excited to advance our partnership with Sensagrate and demonstrate the value of our InnovizOne LiDAR for smart city applications at one of the top universities in the world," said Omer Keilaf, Co-Founder and CEO of Innoviz.
"Innoviz and Sensagrate both firmly believe that LiDAR-based intelligent traffic decisions will improve traffic flow and reduce traffic congestion, leading to a decrease in road fatalities and carbon emissions. We're looking forward to scaling this solution across the US and globally."
"The Innoviz One LiDAR provides a unique and high quality resolution for their field of view and range. This is critical as we look to detect different objects in various settings and at ranges greater than 100 meters," said Darryl Keeton,
Founder and President of Sensagrate. "Innoviz has provided a great product and is proving its strong partnership abilities to promote safety. We are excited to witness how the InnovizOne and SensaVision integration at the UCLA pilot site can promote smarter and safer streets."
This news builds on the Sensagrate and Innoviz partnership announced in 2021. Innoviz's traction in smart city applications is further demonstration of its innovation and expanding scope of product coverage following its significant automotive design win with CARIAD SE for Volkswagen Brands in August 2022.
Sensagrate is a computer vision software company that provides traffic AI solutions on the edge to bring state-of-the-art innovation solutions that provide real-time, predictive analytics to decrease congestion and emissions, and improve public safety. SensaVision intelligent transportation system products include computer vision software, computer vision on the edge, and traffic and safety data and analytics.
For more information, visit www.sensagrate.com.