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Innoviz pivots to defense as LiDAR revenue hits record $18.1 million

Innoviz Technologies has launched a dedicated defense brand, Perciz, securing its first multimillion-dollar contract as the company looks to diversify beyond its core automotive business. The Tel Aviv-based firm reported record quarterly revenues of $18.1 million, signaling a push to stabilize growth through homeland security and perimeter protection applications.

Innoviz pivots to defense as LiDAR revenue hits record $18.1 million
Photo: Bio & News

The company’s shift into the defense sector includes six new collaborations with partners such as Regulus, Cogniteam, and AeroNous, focusing on counter-UAS and perimeter security. CEO Omer Keilaf stated that the firm is leveraging its existing automotive-grade LiDAR sensors to meet urgent government demand for spatial awareness technology. On July 30, Innoviz received initial orders totaling $3.5 million from a defense customer, marking a significant entry point into the sector.

While expanding its reach, Innoviz maintains its existing automotive partnerships, including ongoing programs with VW, Mobileye, and Daimler Truck. The company is currently developing a LiDAR-based perception stack in collaboration with a top 10 global OEM. To bolster this strategic transition, the board has appointed Maj. Gen. (Ret.) Yoav Har-Even, the former leader of Rafael Advanced Defense Systems, to help navigate the complexities of international security markets. Innoviz reiterated its full-year 2026 revenue guidance of $67–$73 million, balancing automotive development with its new defense-focused product line.

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