Among those present could be found some of the senior executives and leaders of the automotive industry, Tier1 suppliers, technology partners, investors, financial institutions, and analysts. The event took place at the new offices of Inviz, which are located in the “Netsaba City” industrial park in Rosh Ha’Ain
The Inviz company held an “Ecosystem” event this week which brought together 150 visitors from all over the world. Among those present could be found some of the senior executives and leaders of the automotive industry, Tier1 suppliers, technology partners, investors, financial institutions, and analysts. The event took place at the new offices of Inviz, which are located in the “Netsaba City” industrial park in Rosh Ha’Ain
Omer Khilaf, CEO and founder of Inviz, opened the event and summarized the company’s activities since its foundation in 2016. The main speakers at the conference were: Dr. Richard Rao – Vice President of the Autonomous Driving, Sensors, Integration Systems and Partnerships at the BMW Group, Professor Stefan P. Waltz – senior innovation and partnerships officer at CARIAD, the technology arm of the Volkswagen Group, Alejandro (Alex) Vukotich – vice president of automotive affairs at the chip company Qualcomm, Michael Pilatov – vice president of stock research at Berenberg Bank.
The BMW Group was the pioneer when it and #MagnaInternational (BMW’s Tier1 supplier) chose the InnovizOne system for their first autonomous vehicles.
In November 2021, BMW selected Qualcomm’s “Snapdragon Ride” Advanced Driver-Assistance Systems (ADAS) to power their future autonomous driving solutions. Richard Rao and Alejandro Vukotich were very helpful in realizing and flourishing the collaboration.
Last May, the announcement Inviz Because one of the largest car manufacturers in the world has chosen InnovizTwo, the next generation of lidar and sensing systems, for use in the automatically guided vehicles (AV) of that manufacturer. On the very same day, CARIAD, Volkswagen’s software company, announced its selection of Qualcomm as someone who will assist in the implementation of functions that will allow reaching stage 4 in the SAE index for autonomous driving.
In August, the car manufacturer was revealed to be Volkswagen. According to the Wards Auto website, Volkswagen is the leading car manufacturer in the world in terms of revenue. The sensing solutions of Inviz will be included in many of the most prestigious car brands in the world – including Audi, Porsche, Lamborghini and Bentley.
The deal with Volkswagen is the first time Inviz Act as Tier1. It will directly supply the lidar and the sensing software to the German company. So you will continue Inviz Develop the design and functions of the lidar and establish its expertise in the field.
Key speakers and main points:
Dr. Richard Rao Consider BMW’s choice of the 905nm InnovizOne lidar and sensing software for the first generation of BMW’s autonomous vehicles. In order to enable Level 3 autonomous driving, BMW is now entering the final phase of product validation, before mass production. Dr. Rao focused his lecture on 4 points:
- Why lidar? Why is this technology so important? BMW I believe that every vehicle should have 3 sensors: camera, radar and lidar. Each of the sensors has its advantages and disadvantages, but they complement each other and together provide maximum value and safety. In the future, all sensors will have to provide different uses in the vehicle. The lidar sensor can allow additional automation, a replacement for the other sensors and provide additional sensing functions compared to the other sensors. For these reasons, lidars will become important in the future.
- Dr. Rao defined InnovizOne as providing range detection, eye safety, field of view, resolution and excellent frame rate. Rao referred to InnovizOne as a sensor that ensures safety and environmental stability in autonomous driving.
- why, specifically Inviz Among all the other startups? BMW needed a solution that would balance all the conflicting demands: range, eye safety, energy consumption, packaging limitations and troubleshooting. BMW concluded thatInviz It is the start-up company with the highest chances of finding the balance for all requirements.
- Why are there no lidars on the road already today? Due to difficulty in operation and environmental conditions. Inviz Found solutions to all challenges during the last 5 years. Together with Magna International (BMW’s Tier 1 that provides the autonomous driving solution) andInviz, BMW learned many things that they did not know at the beginning of the project. Software will become more important in the future.
· Why Inviz Will you thrive on BMW’s experience?
1. Inviz Constantly improving the quality of the product and quickly implementing the improvements in its next generation InnovizTwo.
2. Inviz Taking bold decisions, including becoming a Tier1 supplier, to show that the company is here for the long haul.
3. Inviz leverages its knowledge in the field of autonomous driving.
4. Inviz Understands the vehicle’s requirements and pushes the form factor and technology.
5. The future is rosy. The company knows what it takes to be successful. It will be possible to lower costs as volumes increase.
Professor Stefan F. Waltz Refer to the revolutionary potential of lidar technology for many other fields – lidar collects information by measuring the surrounding world and translates it into a three-dimensional display. While the field of gaming is only increasing in popularity (90% of young people play games regularly), it will be possible to use lidar for games inside the vehicle by combining the scene that the lidar scans and what the passengers see from inside the vehicle. Thus, the lidar will serve as a link between the virtual world and the real world. Manufacturers such as BMW, Volkswagen, Mercedes-Benz and Honda, as well as technology companies such as Microsoft, Google and Sony, are already working on creating the same air-conditioned and immersive world in future autonomous vehicles. Lidar has many future options.
Alejandro Vukotic Served as vice president and director of research and development of the autonomous driving departments at Audi and BMW, and is now in the same position at Qualcomm. He talked about his vision to create an “ecosystem” of integrated software and hardware, which will offer all car manufacturers to develop autonomous vehicles. Qualcomm has developed a system that integrates all vehicle sensors in ADAS and its autonomous driving software. Since no single manufacturer can provide all solutions, collaborations between companies are a necessary matter that produces technological perfection. They selected several companies that provide the best sensors in the world, so that Qualcomm could choose a sensor that would suit its requirements.
Qualcomm will pre-integrate the sensors and integrate them into their computer vision technology and software development. The sensors of Inviz They are groundbreaking both on the physical level and in the performance aspect.
Michael Pialtov Berenberg discusses lidar manufacturers. After about 80 companies that developed lidar in recent years, less than 10 remained at the end of the decade. Pilatov believes that the lidar market will become larger than the market for car cameras and radars. Companies should be evaluated according to performance, solutions, cost, reliability, production capacity and commercial appeal. Berenberg Bank spoke with manufacturers and Tier1 companies to get their feedback on lidar manufacturers and specifically on Inviz. Inviz It was positively mentioned in all conversations and establishes itself as the market leader.