24/7 Market News Snapshot 08 September, 2025 – Innoviz Technologies Ltd. Ordinary shares (NASDAQ:INVZ)
DENVER, Colo., 08 September, 2025 (www.247marketnews.com) – (NASDAQ:INVZ) are discussed in this article.
Innoviz Technologies Ltd. (NASDAQ:INVZ) experienced a promising start in trading today, opening at $1.70 and rising to $1.885, marking an impressive increase of 19.30% from the previous close of $1.580. This surge underscores heightened investor interest and engagement, evidenced by a significant trading volume of 9.25 million shares. Analysts suggest that the bullish sentiment may be attributed to the company’s recent announcements that could impact its market potential. Traders are advised to keep an eye on support levels around $1.70 and resistance at $2.00 as they navigate the stock’s future direction.
In a pivotal development, Innoviz has secured a significant contract, positioning itself as a key supplier for a leading commercial vehicle manufacturer. The company will provide its cutting-edge InnovizTwo LiDAR systems, integral to the development of Level 4 autonomous class-8 semi-trucks. This partnership is expected to be transformative for the transportation sector, enhancing the capabilities of data collection within trucking fleets throughout the year.
Innoviz is also set to tailor software modifications to synchronize with the manufacturer’s specific integration requirements, ensuring optimal performance of the InnovizTwo platform. This technological advancement is poised to enhance efficiency, reduce operational costs, and improve safety across regional and highway routes.
CEO and Co-Founder Omer Keilaf emphasized the significance of this program, stating that it represents the company’s expanding capabilities in various sectors. Additionally, the recent win of a Level 3 development program from a major passenger vehicle manufacturer reinforces Innoviz’s stature as a preferred provider of 3D sensing solutions. Committed to advancing autonomous vehicle technology, Innoviz continues to offer high-quality LiDAR systems that set the standard for innovation and reliability, driving the industry’s future forward.
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