Innoviz To Launch Aftermarket LiDAR Next Year

The LiDAR development firm Innoviz will begin offering an aftermarket LiDAR unit at “budget friendly” prices next year to be used by organizations and firms looking to perform research — a year or so ahead of the firm’s launch of its InnovizOne LiDAR solution in early 2019.
The product to begin mass production next year, dubbed the InnovizPro, will understandably not feature the same sort of performance as the InnovizOne will, but will give those wanting an affordable solution immediately an option.
This new product will be produced in partnership with the electronics design and projection firm Jabil. As with the InnovizOne, the InnovizPro will be a solid-state LiDAR device.
Here’s more on the matter: “InnovizPro will offer high-definition 3D environment scanning, and is intended to help automakers and tier 1 suppliers develop autonomous tech that can later be used with production-ready equipment like the InnovizOne, which is on track for a Q1 2019 sample availability date.
“Basically, Innoviz decided to take the current prototype it’s using in development of the InnovizOne and make it available to outside organizations and companies ahead of time, in a form that, while not production-ready, will still be far more affordable and performant than other existing solutions. Innoviz CEO and co-founder noted in a press release that ‘companies are currently spending tens of thousands of dollars on under-performing LiDAR solutions’ for testing, which is likely a dig at Velodyne, whose LiDAR units adorn Uber test vehicles and have a per-unit cost of around $70,000.”
While pricing information for the InnovizPro has yet to be revealed, the statement quoted above makes it sound likely that it will be a good deal cheaper than any of the other options out there now.


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