Technology progress makes next-gen FMCW lidar technology less essential to future products JERUSALEM / Sep 09, 2024 / Business Wire / Mobileye (Nasdaq: MBLY) has chosen to end the internal development of next-generation frequency modulated continuous wave (FMCW) lidars for use in autonomous and highly automated driving systems. As part of our regular review of the long-term technology roadmap, we now believe that the... Read More

JERUSALEM / Aug 09, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that it is scheduled to participate in the following upcoming investor events in the third quarter of 2024. Canaccord Genuity 44th Annual Growth Conference, August 13-15, 2024 Goldman Sachs Communacopia + Technology Conference, San Francisco, September 9-12, 2024 Evercore ISI ADAS, AV & AI Forum, September 24, 2024... Read More

Companies will leverage successful technology collaboration and expand Mobileye SuperVision™ platform to future Zeekr models globally HANGZHOU, China & JERUSALEM / Aug 01, 2024 / Business Wire / Building on the success from their collaboration over the last several years, Zeekr and Mobileye have announced their plan to... Read More

Revenue decreased 3% year over year to $439 million in the second quarter. Revenue increased 84% versus the first quarter of 2024 due to reduced consumption of excess inventory at Tier 1 customers compared to the first quarter. More than 110% increase in number of systems shipped as compared to the first quarter of 2024 led to significant improvement in Operating Loss and Adjusted Operating Profit. While we believe inventory... Read More

JERUSALEM / Jul 12, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the second quarter 2024 on Thursday, August 1, 2024, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh... Read More

JERUSALEM / Jul 08, 2024 / Business Wire / For the 20th year, Volkswagen AG has recognized its best suppliers globally, awarding a select group of 10 firms the prestigious Volkswagen Group Award for 2024. Mobileye (Nasdaq: MBLY) was honored to receive the award for Digitalization at a special event in Wolfsburg on July 2. The... Read More

JERUSALEM / Jun 10, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) announced today the appointment of Elaine L. Chao to the Mobileye Global Inc. Board of Directors as an independent director, effective as of June 7, 2024. “It’s an honor to have former U.S. Secretary of Transportation and U.S. Secretary of Labor Elaine Chao join Mobileye’s board as an independent director,” said Patrick P. Gelsinger, chair of... Read More

JERUSALEM / May 30, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that it will be participating in the UBS Auto and Auto Tech Conference on June 5, 2024, and Deutsche Bank's Global Auto Industry Conference on June 11, 2024. Mobileye intends to webcast its “fireside chat” at the Deutsche Bank event, with the discussion scheduled to take place at 1:55 PM ET. Please visit the “Events &... Read More

Revenue decreased 48% year over year to $239 million in the first quarter due to the significant drawdown of inventory at our Tier 1 customers announced earlier this year. Diluted EPS (GAAP) was $(0.27) and Adjusted Diluted EPS (Non-GAAP) was $(0.07) in the first quarter. Inventory consumption and the expected quarterly cadence of EyeQ TM SoC deliveries over the course of 2024 remains on-track with our prior guidance.... Read More

Latest generation of pioneering system-on-chip and software already set to enable safety and convenience in 46 million vehicles JERUSALEM / Apr 17, 2024 / Business Wire / Mobileye announced today it has delivered the first production-candidate hardware and software of its new EyeQ™6 Lite system-on-chip to its customers, which... Read More

JERUSALEM / Apr 10, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the first quarter 2024 on Thursday, April 25, 2024, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh... Read More

Volkswagen is the first vehicle manufacturer to develop an autonomous Level 4 service vehicle for large-scale production The aim is to use it in the commercial sector, for example for mobility and transport services in Europe and the USA High synergies with systems for automated driving within Volkswagen Group: shared module... Read More

Volkswagen and Mobileye bring new automated driving functions to series production Mobileye provides technologies based on the Mobileye SuperVision™ and Mobileye Chauffeur™ platforms Audi, Bentley, Lamborghini and Porsche will use these series developments to rapidly bring new, premium-oriented driving functions to their model portfolios Mobileye set to supply further technology components for autonomous driving to... Read More

JERUSALEM / Mar 18, 2024 / Business Wire / Mobileye has chosen to wind down its aftermarket solutions unit that provides retrofitted advanced driver assistance technology, after a thorough review of this unit’s business prospects and investment needs. As automakers and other vehicle manufacturers have steadily increased the rate at which integrated ADAS solutions are installed on new vehicles, the demand and future... Read More

JERUSALEM / Mar 07, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) today announced that Jon M. Huntsman, Jr. has resigned from Mobileye’s Board of Directors effective as of April 15, 2024, to accept a new executive management position. Gov. Huntsman has served on Mobileye’s board since October 2022 as an independent director and member of the nominating and corporate governance committee. “I am deeply thankful... Read More

JERUSALEM / Feb 28, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that Dan Galves, Chief Communications Officer, is presenting at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024. Mobileye will be webcasting its “fireside chat,” which is taking place from 8:00am to 8:40am PT. Please click here to register for and access the event. A replay will... Read More

Revenue increased 13% year over year to $637 million in the fourth quarter, consistent with the preliminary results provided on January 4th, 2024. Operating Income and Adjusted Operating Income improved significantly versus the fourth quarter of 2022. Actual results were consistent with the preliminary results provided on January 4th, 2024. Diluted EPS (GAAP) was $0.08 and Adjusted Diluted EPS (Non-GAAP) was $0.28 in the... Read More

SAN DIEGO , Jan. 23, 2024 /PRNewswire/ -- DiCello Levitt LLP announces that purchasers or acquirers of Mobileye Global Inc. ("Mobileye" or the "Company" – NASDAQ:MBLY) securities between January 26, 2023 and January 3, 2024 , inclusive (the "Class Period") have until March 18, 2024 , to seek appointment as lead plaintiff of the Mobileye class action lawsuit. The lawsuit charges Mobileye and certain of its current and former... Read More

BEIJING / Jan 22, 2024 / Business Wire / HiRain Technologies, a system provider of intelligent driving solutions to automakers in China, proudly announces the upcoming production of the Mobileye EyeQ™6 Lite based ADAS system, poised to debut in China in the second quarter of 2024. This marks a significant stride in advancing automotive safety and comfort features. The EyeQ6, the newest member of Mobileye's systems-on-chip... Read More

JERUSALEM / Jan 11, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the fourth quarter and full year 2023 on Thursday, January 25, 2024, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO,... Read More

LAS VEGAS / Jan 09, 2024 / Business Wire / Mobileye , a pioneering, AI-powered Advanced Driver Assistance Systems (ADAS) technology company, is expanding its existing relationship with Mahindra & Mahindra Ltd. (M&M), a leader in automotive, farm and services businesses. Mobileye will collaborate with M&M to introduce multiple solutions based on Mobileye's next-generation EyeQ™6 systems-on-chip and sensing and mapping... Read More

Mobileye automated driving tech slated for use across multiple global brands and 17 new models, starting from 2026 LAS VEGAS / Jan 08, 2024 / Business Wire / Mobileye (Nasdaq: MBLY) announced today that it has been awarded a series of production design wins by a major Western automaker. Under these design wins, multiple global... Read More

JERUSALEM / Jan 04, 2024 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today releases preliminary FY2023 results and a preliminary financial outlook for FY2024. FY2023 and Q4 2023 Preliminary Financial Results The table below sets forth preliminary estimated financial results for our fourth quarter and full year of 2023. We have not yet finalized our financial results for the fourth quarter and our... Read More

Mobileye: Now. Next. Beyond. and additional events presented live from Las Vegas JERUSALEM / Dec 20, 2023 / Business Wire / Mobileye (Nasdaq: MBLY) will present its 2024 CES Press Conference, Mobileye: Now. Next. Beyond. with President & CEO Prof. Amnon Shashua, on January 9, 2024, at 11:00 a.m. PT. The annual CES address will explore the state of self-driving, highlighting Mobileye’s advancements in delivering an... Read More

JERUSALEM / Nov 28, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that Dan Galves, Chief Communications Officer, is presenting at the Barclays Global Automotive and Mobility Tech Conference on Thursday, November 30, 2023. Mobileye will be webcasting its “fireside chat,” which is taking place from 2:00pm to 2:35pm ET. Please click here to register for and access the event. A replay... Read More

Revenue increased 18% year over year to $530 million in the third quarter. Operating Income and Adjusted Operating Income improved substantially versus the third quarter of 2022. Diluted EPS (GAAP) was $0.02 and Adjusted Diluted EPS (Non-GAAP) was $0.22 in the third quarter of 2023. Continued to progress with key OEM prospects for advanced products, with FAW (SuperVision and Chauffeur) and Polestar (Chauffeur) converting... Read More

JERUSALEM / Oct 09, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the third quarter of 2023 on Thursday, October 26, 2023, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh... Read More

JERUSALEM / Oct 06, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that Dan Galves, Chief Communications Officer, is scheduled to participate in the following upcoming investor events in the fourth quarter of 2023. Baird's Global Industrial Conference, November 8, 2023 Wells Fargo 7th Annual TMT Summit, November 28, 2023 Barclays Global Automotive and Mobility Tech Conference,... Read More

FAW Group aims to initially equip FAW Hongqi vehicles with Mobileye SuperVision™ and Mobileye Chauffeur™ technology, and build a deeper technological alliance CHANGCHUN, China & JERUSALEM / Sep 14, 2023 / Business Wire / FAW Group, one of the largest Chinese automotive groups, and Mobileye (Nasdaq: MBLY), a global leader in... Read More

JERUSALEM / Sep 11, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye” or the “Company”) today announced that Moran Shemesh Rojansky has been appointed as the company’s Chief Financial Officer (CFO), effective September 11, 2023. Ms. Shemesh Rojansky has over 18 years of financial experience, including most recently as acting Chief Financial Officer of Mobileye. “We’ve always had a great deal of... Read More

OTA update brings innovative, point-to-point automated driving features to customers in China, and has already generated strong word-of-mouth reviews JERUSALEM / Sep 05, 2023 / Business Wire / Global mobility technology brand ZEEKR has launched a major over-the-air update for 110,000 owners of the ZEEKR 001 electric vehicle... Read More

Mobileye Chauffeur™ technology platform to be integrated into Polestar 4 HONG KONG & JERUSALEM / Aug 25, 2023 / Business Wire / Polestar and Mobileye (Nasdaq: MBLY and PSNY) are to collaborate to bring autonomous technology to Polestar 4 with potential for other vehicles, using the Mobileye Chauffeur™ AV platform that will be... Read More

JERUSALEM / Aug 17, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that Dan Galves, Chief Communications Officer, is scheduled to participate in the following upcoming investor events in the third quarter of 2023. Goldman Sachs Communacopia + Technology Conference, September 6, 2023 RBC Capital Markets Global Industrials Conference, September 12, 2023 Morgan Stanley 11th Annual Laguna... Read More

Revenue decreased 1% year over year to $454 million in the second quarter. Operating Margin and Adjusted Operating Margin both improved meaningfully versus the first quarter of 2023. Diluted EPS (GAAP) was $(0.04) and Adjusted Diluted EPS (Non-GAAP) was $0.17 in the second quarter of 2023. Continued to execute on strategic collaboration with VW Group in the second quarter. Expanded future cloud-enhanced ADAS volumes,... Read More

Mobileye’s new sign-detection technology has received formal homologation across Europe -- the first vision-only solution that meets the new EU requirements – and is expected to go into production from Q4 2023. JERUSALEM / Jul 18, 2023 / Business Wire / Mobileye has introduced the world’s first vision-only Intelligent Speed... Read More

JERUSALEM / Jul 12, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the second quarter of 2023 on Thursday, July 27, 2023, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Moran Shemesh... Read More

Anat Heller To Step Down As Mobileye’s Chief Financial Officer; Moran Shemesh Rojansky Will Assume Role Of Acting CFO JERUSALEM / Jun 26, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye” or the “Company”) today announced that Chief Financial Officer, Anat Heller, will be stepping down from her role for personal reasons, effective immediately. Due to a personal tragedy, Heller has decided to spend more... Read More

JERUSALEM / Jun 05, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced the commencement of an underwritten secondary public offering of 35,000,000 shares of Mobileye’s Class A common stock by Intel Overseas Funding Corporation, a wholly owned subsidiary of Intel Corporation (the “Selling Stockholder”). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase... Read More

Mobileye SuperVision™ automated driver assist functions to be introduced in future Porsche sports cars STUTTGART, Germany & JERUSALEM / May 09, 2023 / Business Wire / The sports car manufacturer Porsche and the technology company Mobileye (Nasdaq: MBLY) have entered into a strategic collaboration for series production of... Read More

Revenue increased 16% year over year to $458 million in the first quarter. Diluted EPS (GAAP) was $(0.10) and Adjusted Diluted EPS (Non-GAAP) was $0.14 in the first quarter. Average System Price 1 increased to $53.9 in the first quarter of 2023 from $51.0 in the prior year period, driven primarily by more than doubling the... Read More

The mobility companies are delivering AV solutions that will allow more people around the globe to plan, pay and ride in shared autonomous vehicles ANN ARBOR, Mich. , April 13, 2023 /PRNewswire/ -- May Mobility , a leader in the development and deployment of autonomous vehicle (AV) technology, and Moovit , a leading Mobility... Read More

JERUSALEM / Apr 12, 2023 / Business Wire / Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the first quarter of 2023 on Thursday, April 27, 2023, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Anat Heller, CFO,... Read More

Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that Dan Galves, Chief Communications Officer, is scheduled to participate in the following upcoming investor events in the second quarter of 2023. BofA Securities Automotive Summit, April 4, 2023 Evercore ISI AutoTech & AI Forum, May 25, 2023 Mizuho Auto Technology Conference, May 31, 2023 Cowen Technology, Media & Telecom Conference, June 1, 2023 Fox Advisors... Read More

Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) announced today that Dan Galves, Chief Communications Officer, is scheduled to participate in the following upcoming investor conferences in the first quarter of 2023. Wolfe Research Global Auto, Auto Tech, and Mobility Conference, February 15, 2023 Citi 2023 Global Industrial Tech and Mobility Conference, February 22, 2023 Barclays Industrial Select Conference, February 23,... Read More

Revenue increased 59% year over year to $565 million in the fourth quarter. Diluted EPS (GAAP) was $0.04 and Adjusted Diluted EPS (Non-GAAP) was $0.27 in the fourth quarter. Future business backlog continues to grow, with 2022 ADAS (including SuperVision TM ) design wins projected to generate future revenue of $6.7 billion across 64 million units by 2030. 1 Advanced ADAS products, such as SuperVision TM contributed... Read More

Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced that it will release its financial results for the fourth quarter and full year 2022 on Thursday, January 26, 2023, before market open. Mobileye will host a conference call at 8:00am ET (3:00pm IT) to review its results and provide a general business update. The call will be hosted by Professor Amnon Shashua, CEO, Anat Heller, CFO, and Dan Galves, CCO. The... Read More

Record design wins in 2022 lead to an expected $17 billion ADAS revenue pipeline through 2030. Today at CES 2023, Mobileye founder and CEO Prof. Amnon Shashua will illustrate the company’s global leadership in autonomous vehicle and advanced driver-assistance technology, providing new details on the company’s business for 2023... Read More

Automotive-grade, in-house developed imaging radars targeted for production in two years. Over the past few years, Mobileye has been developing a new technology to help autonomous vehicles sense and understand their environment – regardless of weather, lighting or road types – in addition to the company’s renowned camera-based... Read More

Mobileye: Now, Next, Beyond to be presented live from Las Vegas on January 5 at 11 a.m. PST Mobileye (Nasdaq: MBLY) will present Mobileye: Now, Next, Beyond; its CES 2023 Press Conference with CEO Professor Amnon Shashua on January 5, 2023 at 11 a.m. PST. Prof. Shashua will provide an update on the state of Mobileye’s market leadership and how Mobileye will bring its near- and long-term vision to life. The presentation will... Read More

Revenue increased 38% year over year to $450 million in the third quarter. Future business backlog continues to grow, with design wins achieved in 2022 (through Oct 1, 2022) projected to generate future volume of 54 million systems by 2030. This compares to 24 million systems delivered in 2022 (through Oct 1, 2022). 1 Our newer advanced ADAS products, such as SuperVision TM contributed meaningfully to our revenue growth and... Read More

Mobileye Global Inc. (“Mobileye”) today announced, in connection with its previously announced initial public offering of 41,000,000 shares of its Class A common stock, the full exercise by the underwriters of their option to purchase 6,150,000 additional shares of Class A common stock at the public offering price of $21.00 per share less underwriting discounts and commissions. The issuance and sale of these additional... Read More

Mobileye Global Inc. (“Mobileye”) today announced the pricing of its initial public offering of 41,000,000 shares of its Class A common stock at an initial public offering price of $21.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on October 26, 2022, under the symbol “ MBLY ,” and the offering is expected to close on October 28, 2022, subject to customary closing conditions. In... Read More