Innoviz Technologies Lands First Multi-Million Orders from Defense Customer

Securing approximately $3.5 million in orders to power counter-drone systems and perimeter intrusion detection applications.

Additional substantial unit order is expected upon successful completion of first deployment.

TEL AVIV, Israel, July 30, 2026 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading supplier of high-performance automotive-grade LiDAR sensor platforms for the automotive, security, defense and industrial markets, today announced that it has received multimillion-dollar orders of several hundred LiDAR units from a defense customer, with potential for additional units upon the successful completion of the first deployment. 

The orders come at a period of growing momentum for Innoviz in the defense and homeland security markets. In recent weeks, Innoviz has announced collaborations with several defense and counter-UAS providers, and in July, the former President and CEO of Rafael Advanced Defense Systems, Maj. Gen. (Ret.) Yoav Har-Even, joined the Board of Directors of Innoviz.

Emerging defense and homeland security threats are moving beyond what traditional sensor architectures were built to detect. Low-profile drones, contested perimeters, and operations in degraded visibility have exposed the limits of camera-and-radar stacks built for an earlier threat picture. Radar, cameras, and RF sensors can raise an alarm, but the location they return is often approximate rather than exact.

High-resolution LiDAR is expected to close that gap. It can distinguish a drone from background clutter, help separate concealed vehicles and personnel from decoys, and maintain visibility through darkness, dust, smoke, fog, and glare that routinely degrade conventional optical systems. Built to automotive-grade reliability standards, Innoviz LiDAR performs in harsh operational conditions, day or night.

"Physical AI is redefining what machines can perceive, and in defense and homeland security, that shift is mission-critical," said Omer Keilaf, CEO and Founder of Innoviz. "Detecting a threat is just the first step. Knowing precisely where it is, in real time, in conditions that blind other sensors, is what could separate an alert from an effective response. Innoviz LiDARs are the foundation of the operational picture, producing the high-resolution 3D data that the wider defense ecosystem depends on to act with precision."

About Innoviz
Innoviz is a leading provider of LiDAR technology, serving as a Tier-1 supplier to the world's leading automotive manufacturers while extending its existing sensing solutions into defense, homeland security, industrial, and smart infrastructure markets. 
Innoviz's LiDAR sensors and complementary software suite are designed to deliver exceptional range, resolution, and reliability, providing accurate 3D sensing even in harsh weather conditions. Built to meet the automotive industry's strict standards for performance and safety, Innoviz's sensors are increasingly supplied for applications that demand precise, real-time spatial awareness and continuous object localization. 
Operating across the U.S., Europe, and Asia, Innoviz designs solutions for automotive OEMs, system integrators, municipalities, commercial enterprises, government organizations, and other customers worldwide. Under the Perciz brand, Innoviz offers its existing automotive-grade LiDAR sensors for defense, counter-UAS, perimeter intrusion detection, and homeland security applications. For more information, visit innoviz.tech.  

About Innoviz Perciz 
Perciz is Innoviz's dedicated defense and homeland security brand, focused on using Innoviz's existing LiDAR solutions for defense, homeland security, and critical infrastructure applications. By using Innoviz's rich data, we believe operators will be able to perceive, understand, and act in the physical world with greater intelligence and precision. Perciz has the ability to support the next-generation defense and homeland security systems designed to address the increasing complexity of modern threats. For more information, visit innoviz.tech/perciz.

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Forward Looking Statement 
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the products and solutions offered by Innoviz, the anticipated technological capability of Innoviz's products, including performance under various environmental and operational conditions, the markets in which Innoviz operates, and Innoviz's projected future operational and financial results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "design(ed)," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. 
Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. 
Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to successfully formalize collaborations or partnerships or to enter into any definitive agreements, the ability to implement business plans, forecasts, and other expectations, the ability to successfully execute Innoviz's strategy for the Perciz brand and its defense and security market initiatives, including the marketing, integration, and sale of its existing products for such markets, the ability to achieve broader market adoption of Innoviz's products and solutions, the ability to identify and realize additional opportunities, potential changes and developments in the highly competitive LiDAR technology and related industries, the ability to maintain and scale initial deployments into long-term commercial relationships, the risk that evaluations, pilot programs, demonstrations, or initial deployments do not lead to production deployments or commercial contracts, the ability to advance collaborations or partnerships into definitive development, integration, supply, or other commercial arrangements, the ability of Innoviz's products and integrations to meet applicable specifications and performance thresholds, the regulatory, licensing, and other requirements applicable to the defense and security markets and their potential impact on the timing and scope of Innoviz's activities in those markets, the risk that Innoviz's products do not achieve or maintain their anticipated performance, under field and operational conditions, the risk that anticipated demand in the defense and homeland security markets does not materialize or does not result in revenue on the anticipated timeline, the risk that Innoviz does not obtain or maintain the export authorizations, marketing licenses, and other governmental approvals required to offer its products in the defense and security markets, and Innoviz's expectations regarding the impact of geopolitical developments in the Middle East including the evolving conflict in Israel on its ongoing operations. The foregoing list is not exhaustive. You should carefully consider such risks and the other risks and uncertainties described in Innoviz's annual report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission ("SEC") on March 4, 2026, and in other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations. 

SOURCE Innoviz Technologies