Ryan Casey's questions to Innoviz Technologies (INVZ) leadership • Q1 2025
Question
Asked if the record revenue quarter also meant a record for product shipments, the timeline for the first shipments from the Fabrinet facility, the go-to-market strategy for non-automotive applications, and what technologies Innoviz is displacing.
Answer
The company stated it was a "very nice number" for unit shipments but did not confirm a record, emphasizing the upcoming capacity increase from Fabrinet. The first shipments from Fabrinet are expected within a month. For non-auto markets, Innoviz works through integrators, which requires minimal tailoring effort. They are often displacing existing, lower-performance LiDAR solutions in industries already familiar with the technology.