"We are pleased for the opportunity to partner with Innoviz, as we have confidence in their multi-disciplinary team and this gives Magna a full suite of sensing systems - camera, ultrasonic, RADAR fusion, and LiDAR - to complement our autonomous vehicle capability," said Swamy Kotagiri, Magna Chief Technology Officer. "Building on our leadership position in driver assistance, our strong systems knowledge and complete-vehicle expertise give us the ability to efficiently fuse various sensors and develop robust systems as vehicles continue to progress towards full autonomy."

"The integration of LiDAR into driving systems is pivotal to enabling full autonomy and in ensuring a comprehensive sensing solution that satisfies the highest safety standards. This cooperation with Magna affirms Innoviz's breakthrough technology and product capabilities as well as our ability to adhere to Magna's high bar on safety requirements," said Omer Keilaf, Co-Founder and CEO of Innoviz. "We are very proud to partner with Magna and, building upon Magna's expertise and strong market position, our partnership will accelerate market adoption of our best-in-class LiDAR solution."

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