TEL AVIV, Israel: PORTLAND, Ore. and BLACKSBURG, Va. – December 2, 2025 – Innoviz Applied sciences Ltd. (NASDAQ: INVZ) (the “Firm” or “Innoviz”), a number one Tier-1 direct provider of high-performance, automotive-grade LiDAR sensor platforms and complementary software program stack, introduced at this time that Daimler Truck, one of many world’s main business car producers and Torc Robotics, a subsidiary of Daimler Truck, have chosen Innoviz as its Quick-Vary LiDAR provider for collection manufacturing SAE Stage 4 autonomous Class 8 semi-trucks.

This announcement follows Innoviz’s earlier disclosure {that a} main business car OEM had chosen the Firm for future collection manufacturing of Stage 4 autonomous vehicles, now revealed to be Daimler Truck. Innoviz will provide its InnovizTwo Quick-Vary LiDAR sensors to assist Daimler Truck and Torc Robotics’ autonomous business car program. As a part of a joint growth effort, the businesses will collaborate to advance the sensors for business trucking purposes.

Daimler Truck and Torc Robotics plan to combine Innoviz’s LiDAR expertise into the autonomous Freightliner Cascadia together with Torc’s digital driver as one in every of a number of key elements enabling Stage 4 autonomous trucking.The partnership positions Innoviz’s expertise as a crucial part in Daimler Truck’s technique to carry autonomous vehicles to market, with deployment deliberate throughout freeway and regional routes in North America to assist fleet operators enhance operational effectivity, and improve highway security.

“This partnership with Daimler Truck and Torc represents a major validation of our expertise and our place within the autonomous trucking market,” mentioned Omer Keilaf, CEO and Founding father of Innoviz. “The trucking trade calls for LiDAR sensors that may carry out reliably in probably the most difficult situations whereas delivering the precision and vary wanted for secure autonomous operation. Our InnovizTwo sensors have demonstrated compliance with these stringent necessities, and we’re excited to assist Daimler Truck and Torc in bringing this transformative expertise to market.”

“Choosing the best LiDAR accomplice is key to our autonomous trucking technique,” mentioned Rakesh Aneja, Head of Company Growth at Daimler Truck North America. “Innoviz’s confirmed monitor report in automotive-grade LiDAR sensors makes them a super accomplice as we advance towards collection manufacturing. This collaboration brings us nearer to delivering autonomous vehicles that can reshape the logistics trade.”

Mike Avitabile, Head of Engineering at Torc, provides: “Integrating Innoviz’s expertise into our self-driving car software program resolution enhances our system’s potential to detect, classify, and monitor objects in actual time throughout various highway and climate situations. Innoviz’s sensors ship the consistency and sturdiness required for business operation, whereas supporting the redundancy wanted for secure Stage 4 autonomy.”
Daimler Truck and Torc depend on a mix of three complementary sensor applied sciences – state-of-the-art LiDAR, radar, and digital camera methods – to exactly detect the car’s environment underneath all situations. This multi-layered strategy enhances highway security each on highways and in difficult maneuvers corresponding to turning at intersections or navigating ramps. LiDAR expertise makes use of laser pulses to generate high-resolution 3D maps of the atmosphere. For optimum security, autonomous vehicles require each long-range LiDAR methods to determine objects far forward and short-range sensors to seize detailed close-proximity information in advanced driving conditions. Whereas Daimler Truck and Torc have already chosen their provider for long-range LiDAR, Innoviz has now been chosen because the accomplice for short-range LiDAR.

About Daimler Truck

Daimler Truck Holding AG (“Daimler Truck”) is among the world’s largest business car producers, with over 40 foremost areas and greater than 100,000 staff globally. Daimler Truck North America LLC (DTNA), a subsidiary of Daimler Truck and headquartered in Portland, Oregon, is the biggest producer of industrial quality vehicles in North America and a number one supplier of progressive merchandise, companies, and applied sciences for the business transportation trade. DTNA designs, engineers, manufactures, and markets medium- and heavy-duty vehicles, college buses, car chassis, and associated applied sciences and elements underneath the Freightliner, Western Star, Thomas Constructed Buses, Freightliner Customized Chassis Corp, and Detroit manufacturers. DTNA is devoted to delivering distinctive worth and assist to its clients—serving to them maintain the world shifting. For extra data, go to northamerica.daimlertruck.com or daimlertruck.com.

About Torc

Torc, headquartered in Blacksburg, Virginia, is an impartial subsidiary of Daimler Truck AG, a worldwide chief and pioneer in trucking. Based in 2005 on the start of the self-driving car revolution, Torc has over 20 years of expertise in pioneering safety-critical, self-driving purposes. Torc provides a whole self-driving car software program and integration resolution and is at present specializing in commercializing autonomous vehicles for long-haul purposes within the U.S. Torc has workplaces in Montreal, Ann Arbor, Blacksburg, and the Dallas–Fort Value (DFW) space. Headquartered in Blacksburg, Virginia, Torc additionally operates an engineering workplace in Montreal, a fleet operations facility in DFW to assist productization and commercialization efforts, and a facility in Ann Arbor to leverage the area’s sturdy autonomous and automotive expertise base. Torc’s function is driving the way forward for freight with autonomous expertise. Because the world’s main autonomous trucking resolution, we empower distinctive staff, ship a centered, hub-to-hub autonomous truck product, and supply our clients with the most secure, most dependable, and cost-efficient resolution to the market.

About Innoviz

Innoviz is a worldwide chief in LiDAR expertise, serving as a Tier-1 provider to the world’s main automotive producers and dealing in the direction of a future with secure autonomous autos on the world’s roads. Innoviz’s LiDAR and notion software program “see” higher than a human driver and scale back the potential of error, assembly the automotive trade’s strictest expectations for efficiency and security. Working throughout the U.S., Europe, and Asia, Innoviz has been chosen by internationally acknowledged premium automotive manufacturers to be used in client autos in addition to by different business and industrial leaders for a variety of use instances. For extra data, go to innoviz.tech.

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Ahead Wanting Statements

This announcement incorporates sure forward-looking statements inside the which means of the federal securities legal guidelines, together with statements concerning the companies provided by Innoviz, the anticipated technological functionality of Innoviz’s merchandise, the markets through which Innoviz operates, Innoviz’s projected future operational and monetary outcomes. These forward-looking statements usually are recognized by the phrases “consider,” “venture,” “count on,” “anticipate,” “estimate,” “intend,” “technique,” “future,” “alternative,” “plan,” “might,” “ought to,” “will,” “would,” “shall be,” “will proceed,” “will probably outcome,” and comparable expressions. Ahead-looking statements are predictions, projections and different statements about future occasions which might be primarily based on present expectations and assumptions and, in consequence, are topic to dangers and uncertainties.

Many elements may trigger precise future occasions, and within the case of our forward-looking revenues, precise orders or precise funds, to vary materially from the forward-looking statements on this announcement together with however not restricted to, the power to implement enterprise plans, forecasts, and different expectations, the power to transform design wins into definitive orders and the magnitude of such orders, the power to determine and notice further alternatives, potential adjustments and developments within the extremely aggressive LiDAR expertise and associated industries, and our expectations concerning the affect of the evolving battle in Israel to our ongoing operations. The foregoing listing isn’t exhaustive. It’s best to rigorously think about such threat and the opposite dangers and uncertainties described in Innoviz’s annual report on Kind 20-F for the yr ended December 31, 2024, filed with the U.S. Securities and Trade Fee (“SEC”) on March 12, 2025 and in different paperwork filed by Innoviz once in a while with the SEC. These filings determine and deal with different essential dangers and uncertainties that might trigger precise occasions and outcomes to vary materially from these contained within the forward-looking statements. There could be no assurances that the Firm will enter into definitive agreements, orders or obtain funds with respect to this system choice referenced on this announcement. Ahead-looking statements communicate solely as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and Innoviz assumes no obligation and doesn’t intend to replace or revise these forward-looking statements, whether or not because of new data, future occasions, or in any other case. Innoviz offers no assurance that it’ll obtain its expectations.