INVZ is trading about 6% up today at $0.73 after the company announced a new defense-focused partnership and a strategic board appointment to drive global expansion.
- Innoviz entered an agreement with AeroNous to integrate its LiDAR technology into counter-unmanned aircraft systems (C-UAS).
- Former Rafael CEO Yoav Har-Even has joined the board of directors, bringing significant expertise to the company's defense sector growth ambitions.
- The partnership and leadership change signal a major push into the global defense market, diversifying the company's revenue streams beyond automotive applications.