After delivering on its InnovizTwo LiDAR promises, Innoviz continues launch new product lines with the Innoviz360.
Innoviz Technologies said its InnovizTwo perception system makes it more affordable for carmakers to validate Level 2+ autonomous vehicles for safety, with a path to Level 3 with software updates.
Shacman Trucks has chosen the InnovizPro lidar system from Innoviz for a proof-of-concept project in a Chinese port where it ultimately hopes to deploy 600 autonomous vehicles.
Reported robotics investments in June 2019 focused on transportation, AI and software, manufacturing, and healthcare.
Investments in robots, autonomous vehicles, and related systems totaled at least $1.3 billion in March 2019, down from $4.3 billion in February. On the other hand, automation companies reported $7.8 billion in mergers and acquisitions last month. While that may represent a slowdown, note that many businesses did not specify the amounts involved in their…