INNOVIZ TECHNOLOGIES LTD

Innoviz Technologies reported record Q2 revenue of $18.1 million and is expanding its automotive-grade LiDAR into defense and homeland security under the Perciz brand, targeting Counter-UAS, perimeter security and unmanned ground vehicles. Management closed a $30 million registered direct offering to fund commercialization and reiterated 2026 revenue guidance of $67–73 million, with non-automotive sales expected to rise to 10% in 2026 and ~30% by 2027. The company secured a $3.5 million initial defense order, announced a partnership with a top-10 OEM to develop a LiDAR-based perception stack, and added retired Major General Yoav Har-Even to the board to accelerate defense procurement efforts. » More on finance.yahoo.com

Innoviz has received orders totalling about $3.5 million from a defense-sector customer for several hundred LiDAR units, intended for counter‑UAS systems and perimeter security. After completion of the first implementation, the company expects a further substantial order. Innoviz sells its automotive-grade LiDARs under the Perciz brand and emphasizes their operability in darkness, dust, smoke, fog and glare; Yoav Har‑Even also recently joined the board. » More on de.investing.com

Innoviz Technologies announced a private placement of 66,666,667 common shares for $30 million, with closing expected around July 29, 2026. The offering is subject to customary closing conditions and will be made pursuant to a previously effective Form F-3 registration. Net proceeds are to be used for general corporate purposes, including commercialization of the Perciz business; Titan Partners is the sole placement agent and WestPark Capital is acting as financial advisor. » More on de.investing.com