Wednesday - April 2, 2025
Optimized optical path collaboration to be used on select production programs based on the Mobileye EyeQ™6 High system-on-chip. HOD HASHARON, Israel, April 2, 2025 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN) ('Valens'), a leader in high-performance connectivity, announced today that Valens' VA7000 MIPI A-PHY-compliant chipsets will form the... Read more
Ra’anana, Israel, March 31, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, today announced its financial results for the second half and full year ended December 31, 2024. The Company reported significant revenue growth and operational progress,... Read more
SHENZHEN, China, March 28, 2025 /PRNewswire/ -- Pony.ai (NASDAQ: PONY) became the first company authorized to operate paid fully-driverless robotaxis in Shenzhen's Nanshan District on March 27, marking a milestone as the city's inaugural permit for paid autonomous ride-hailing services within its city centers. The company further solidifies its leadership by expanding commercial operations to connect Nanshan... Read more
SHENZHEN, China, March 27, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced that it has received the license to provide fully driverless commercial Robotaxi services in Shenzhen’s Nanshan District. This milestone follows the successful launch of its paid robotaxi services in the... Read more
PARIS, March 27, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a world leader in autonomous driving technology, announced that the company, in partnership with the leading French autonomous mobility network operator beti, has obtained France’s Level-4 driverless public road testing and operating permit. This makes WeRide the first and only technology company worldwide to hold driverless permits across five... Read more
ORLANDO, Fla. / Mar 27, 2025 / Business Wire / Luminar (Nasdaq: LAZR), a leading global automotive technology company, announced a collaboration with Caterpillar Inc. to integrate LiDAR technology into Caterpillar’s next generation autonomous solution. LiDAR, which stands for Light Detection and Ranging, is critical for navigation and obstacle detection in autonomous machines. LiDAR uses light in the form of a... Read more
The new report highlights Aurora’s deep safety expertise and provides transparency into safety’s role in core self-driving systems PITTSBURGH / Mar 25, 2025 / Business Wire / Aurora Innovation (NASDAQ: AUR), the leader in autonomous trucking, released a thorough Driverless Safety Report that includes details on the company’s approach to safety engineering, cybersecurity, risk management, and more. Aurora is now in... Read more
The collaboration aims to enhance safety and driving comfort in Volkswagen’s upcoming MQB-based vehicle portfolio. By reducing complexity and streamlining procurement, it integrates high-quality hardware and software, supporting Volkswagen Group’s transformation. WOLFSBURG, Germany & JERUSALEM & PARIS / Mar 25, 2025 / Business Wire / Volkswagen Group is working with Valeo and Mobileye to upgrade the... Read more
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in the large-scale commercialization of autonomous mobility, today announced its unaudited financial results for the quarter and full year ended December 31, 2024. Dr. James Peng, Co-founder and Chief Executive Officer of Pony.ai, commented, “2024 marked a milestone year for Pony.ai as we... Read more
NESS ZIONA, Israel, March 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2024. Foresight had revenues of $436,000 for the year ended December 31, 2024 and ended the year 2024 with $7.2 million in cash, cash... Read more
REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global markets Definitive long-term collaboration agreement expected in 2025, leveraging REE's P7 platform to deliver thousands of autonomous vehicles by 2030 with start of production expected in 2027 Targeting revenue from the strategic collaboration agreement of up to $770 million by... Read more
Foresight to equip autonomous drones and unmanned aerial vehicles with NVIDIA Jetson Orin platform for enhanced real-time perception, obstacle detection, and energy efficiency across diverse applications NESS ZIONA, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), a leading innovator in 3D perception systems, announces the... Read more
NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (Nasdaq: WRD) (“WeRide” or the “Company”), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Recent Highlights WeRide continues to enhance its global market presence through thoughtful market entries and strategic expansions in Europe, the Middle... Read more
Foresight and Excava, a leading Indian Tier-One Supplier, intend to establish a locally incorporated partnership or joint venture to invest in manufacturing and sales activities in India. Foresight will be responsible for the technology and know-how transfer while Excava will handle manufacturing and sales activities in the Indian market. Ness Ziona, Israel, March 13, 2025 (GLOBE NEWSWIRE) -- Foresight... Read more
BEIJING, March 12, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced that the company has officially received the permit to conduct commercial Robotaxi ride-hailing services between the Beijing Economic-Technological Development Area (BDA) and Beijing South Railway Station. This milestone marks the first commercial Robotaxi operation covering Beijing’s... Read more
BARCELONA , Spain, March 11, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving, and Renault Group will offer a free autonomous Robobus trial service in the center of Barcelona from March 10th to 14th, aiming to showcase the maturity and potential of automated transport technologies for the first time in a dense and complex... Read more
Eye-Net’s compliance validation clears the path to European market expansion following successful UTAC testing Ness Ziona, Israel, March 07, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has successfully... Read more
Full year revenue of $1.8 million, an increase of 773% year-over-year Continued geographic expansion in Los Angeles, successful launch in Miami, and planning entry into Dallas and Atlanta metros Reach increased to over 1,000 restaurants, a 3x increase year-over-year, and to over 300,000 households, a 2x increase year-over-year Ending 2024 cash of $123 million, no debt; an additional $91m raised in January... Read more
VALENCE, France, Feb. 27, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced the first European fully driverless commercial deployment of its Robobus as part of a shuttle service partnership with beti, Renault Group, and Macif that will feature an L4 -level automated mobility service in France’s Drôme region. WeRide will provide its L4-level autonomous... Read more
Recent financial and business developments leave Innoviz well-prepared for multiple program SOPs in 2026 and volume production of LiDARs in 2027 Partnership announcements with Mobileye and NVIDIA position the Company to further scale business and pursue opportunities with new OEMs Targeting 2025 revenues of $50-$60 million TEL AVIV, Israel, Feb. 26, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:... Read more
GUANGZHOU, China, Feb. 24, 2025 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, announced approval to launch its latest generation Robotaxi, the GXR, for fully unmanned paid ride-hailing services in Beijing. This marks WeRide’s second Robotaxi model to achieve fully driverless commercial operations in Beijing and... Read more
Foresight to equip autonomous drones and unmanned aerial vehicles with NVIDIA Jetson Orin platform for enhanced real-time perception, obstacle detection, and energy efficiency across diverse applications NESS ZIONA, Israel, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), a leading innovator in 3D perception systems, announces the... Read more
GUANGZHOU, China, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced the launch of paid robotaxi services from multiple locations in Guangzhou’s city center to Guangzhou Baiyun International Airport and Guangzhou South Railway Station. Pony.ai is the first and only company... Read more
Autonomous robot deliveries rolling out in Miami Beach and Brickell via Uber Eats Select Shake Shack and Mister O1 customers may receive their next order from a Serve robot SAN FRANCISCO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced the launch of its service in... Read more
The new products are designed to provide warnings to both road users and construction workers, helping to reduce the likelihood of accidents Ness Ziona, Israel, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today the signing of a development service agreement with a leading... Read more
TEL AVIV, Israel, Feb. 10, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 28,776,978 units at a purchase price of $1.39 per... Read more
Smart Chassis Platform Demand Continues to Drive Expansion in China FREEHOLD, N.J. / Feb 07, 2025 / Business Wire / Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company”), a pioneering innovator in electric commercial vehicles, with advanced, market-validated, and purpose-built vehicle and smart technology products, today announced that it delivered more than 1,000 autonomous driving delivery vehicles... Read more
GUANGZHOU, China, Feb. 06, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, today launched the Robovan W5, featuring self-developed Level 4 autonomous technology that operates 24/7 in all weather conditions. It offers long-distance and bulk delivery capabilities integrating vehicle, cloud, and operations to... Read more
ANAHEIM, CA / ACCESS Newswire / February 6, 2025 / Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic initiative to develop autonomous electric vehicles tailored for the food and beverage delivery industry. This initiative will commence with a pilot project in collaboration with a Silicon... Read more
Revenue decreased 23% year over year to $490 million in the fourth quarter. Full-year financial guidance implies a return to revenue growth in 2025. Diluted EPS (GAAP) was $(0.09) and Adjusted Diluted EPS (Non-GAAP) was $0.13 in the fourth quarter of 2024. Generated net cash from operating activities of $400 million in the year ended December 28, 2024, slightly higher than full-year 2023. Our balance sheet is... Read more
STUTTGART, Germany, Jan. 28, 2025 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), Outsight, and Embotech AG announce a strategic collaboration to deliver cutting-edge lidar technology and perception software for Embotech's AVM technology deployed in BMW facilities and known internally at BMW as Automated Driving In-Plant (AFW). This collaboration brings together industry leaders in autonomous driving solutions and... Read more
MENLO PARK, Calif., Jan. 28, 2025 /PRNewswire/ -- Today, Cyngn (Nasdaq: CYN) announced that it will be deploying its DriveMod Tugger at a major Consumer Packaged Goods (CPG) distribution company. This deployment reaffirms Cyngn's expanding presence across manufacturing and distribution, highlighting the versatility of its Enterprise Autonomy Suite ("EAS"). This news comes just after Cyngn's recent... Read more
Ness Ziona, Israel, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), entered into a groundbreaking collaboration with Software République, a consortium of global industry leaders, to integrate and test Eye-Net’s vehicle-to-everything... Read more
MENLO PARK, Calif., Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced that it has continued making notable inroads with the automotive manufacturing sector. To date, the company has conducted DriveMod Tugger deployments at varying stages of maturity with no less than five major automotive Original Equipment Manufacturers (OEMs) or... Read more
Collaboration focuses on major rail safety tenders, targeting the installation of advanced technologies on thousands of locomotives across India Ra’anana, Israel, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, recently announced the signing of a binding Memorandum of... Read more
Ness Ziona, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced the signing of a commercial cooperation agreement with a leading Indian drone manufacturer, a key supplier to the Indian Ministry of Defense. This collaboration aims to integrate Foresight’s advanced 3D... Read more
The validation was part of Eye-Net’s collaboration with Software République to deploy its advanced digital services in France Ness Ziona, Israel, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”) has successfully passed... Read more
Foresight's supply chain and production lines are now prepared for rapid growth and commercial ramp-up Ness Ziona, Israel, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today a major milestone in its production and commercialization road map, with the delivery of its first batch of... Read more
NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, has today become the first company in China to receive approval for robotruck platooning tests on cross-provincial highways connecting Beijing, Tianjin, and Hebei Province, marking a major milestone in the Company’s pursuit of... Read more
ZURICH, Jan. 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, is the technology provider for an innovative new autonomous driving pilot project in Switzerland. This project is funded by the Canton of Zurich and Swiss national railway Schweizerische Bundesbahnen (SBB) and managed by the Swiss Transit... Read more
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