Innoviz Technologies has received "a several hundred unit purchase order from a commercial vehicle original equipment manufacturer" for its InnovizTwo Lidar.
The order will be delivered to the unnamed OEM throughout 2023, beginning in the second quarter.
"We have significantly improved InnovizTwo manufacturing yields and output, allowing us to deliver higher targeted volumes at a faster pace," said Omer Keilaf, Innoviz CEO and co-founder.
Innoviz currently has four series production awards, including automotive platforms with Volkswagen, BMW, and an Asia-based electric vehicle OEM, along with a Level 4 autonomous shuttle programme "with a leading Tier 1 automotive supplier".
The company hopes this latest deal is the precursor to a fifth series production award.
Innoviz recently announced a new office and expanded team in Munich, Germany.
