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Innoviz Reports Third-Quarter 2023 Results, Delivering Strong Sequential and Year-Over-Year Revenue Growth

Retrieved on: 
Wednesday, November 8, 2023

TEL AVIV, Israel, Nov. 8, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the third quarter ended September 30, 2023 and reiterated 2023 commercial and financial targets.

Key Points: 
  • The change highlights the flexibility of the platform and is expected to increase the total revenue content per vehicle available to Innoviz.
  • The 138% quarter-over-quarter increase in revenues was driven by strong growth in InnovizTwo unit sales, which increased 102% sequentially, coupled with incremental NRE revenue.
  • Operating expenses in Q3 2023 were $27.8 million, a decrease of 11% compared to operating expenses of $31.3 million in Q3 2022.
  • Operating expenses for Q3 2023 included $5.0 million of share-based compensation compared to $4.9 million of share-based compensation in Q3 2022.

1606 Corp. Receives Overwhelming Response to ChatCBDW BETA Program

Retrieved on: 
Tuesday, November 7, 2023

What's more, each new client who integrates ChatCBDW into their e-commerce site can personalize the bot with their own name, color scheme, and fine-tune individual responses which the company has begun doing for BETA test merchants.

Key Points: 
  • What's more, each new client who integrates ChatCBDW into their e-commerce site can personalize the bot with their own name, color scheme, and fine-tune individual responses which the company has begun doing for BETA test merchants.
  • ChatCBDW is already a conversational powerhouse by currently offering conversational accuracy and impressive product recommendations, which form the foundation for future developments.
  • As 1606 moves forward, the insights gathered from the BETA test merchants will pave the way for upcoming features such as analytics, IP tracking, CRM integration, and many more.
  • Monetizing the potential of ChatCBDW is a top priority for the company, and management is making significant progress based on the business plan.

ALD Equipment Market worth $6.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 31, 2023

Oxide film type is expected to account for the largest market size of the ALD equipment market during the forecast period.

Key Points: 
  • Oxide film type is expected to account for the largest market size of the ALD equipment market during the forecast period.
  • Therefore, oxide films are expected to have the largest market size in the ALD equipment market.
  • Medical application is projected to register the highest CAGR in ALD equipment market during the forecast period.
  • Furthermore, strong presence of ALD equipment market players in the region creates growth opportunities for the ALD equipment in Asia Pacific.

ALD Equipment Market worth $6.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 31, 2023

Oxide film type is expected to account for the largest market size of the ALD equipment market during the forecast period.

Key Points: 
  • Oxide film type is expected to account for the largest market size of the ALD equipment market during the forecast period.
  • Therefore, oxide films are expected to have the largest market size in the ALD equipment market.
  • Medical application is projected to register the highest CAGR in ALD equipment market during the forecast period.
  • Furthermore, strong presence of ALD equipment market players in the region creates growth opportunities for the ALD equipment in Asia Pacific.

Co-Packaged Optics Market worth $49 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 26, 2023

The CPO type segment is expected to account for the largest share of the co-packaged optics market in 2023.

Key Points: 
  • The CPO type segment is expected to account for the largest share of the co-packaged optics market in 2023.
  • As the technology matures, its adoption is expected to increase further in data center and high-performance computing (HPC) markets.
  • Data center and high-performance computing is expected to account for the largest share of the co-packaged optics market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the co-packaged optics market during the forecast period.

Co-Packaged Optics Market worth $49 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 26, 2023

The CPO type segment is expected to account for the largest share of the co-packaged optics market in 2023.

Key Points: 
  • The CPO type segment is expected to account for the largest share of the co-packaged optics market in 2023.
  • As the technology matures, its adoption is expected to increase further in data center and high-performance computing (HPC) markets.
  • Data center and high-performance computing is expected to account for the largest share of the co-packaged optics market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the co-packaged optics market during the forecast period.

K STADIUM (KSTA) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Wednesday, October 18, 2023

Road Town, British Virgin Islands--(Newsfile Corp. - October 18, 2023) - LBank Exchange, a global digital asset trading platform, listed K STADIUM (KSTA) on October 18, 2023.

Key Points: 
  • Road Town, British Virgin Islands--(Newsfile Corp. - October 18, 2023) - LBank Exchange, a global digital asset trading platform, listed K STADIUM (KSTA) on October 18, 2023.
  • For all users of LBank Exchange, the KSTA/USDT trading pair is now officially available for trading.
  • LBank Exchange is thrilled to announce the listing of K STADIUM (KSTA), a Crypto DAO VC Platform blockchain project that is revolutionizing decentralized investing to individual investors.
  • At its core, K STADIUM allows retail investors to enter the realm of the VC.

MaintainX Unveils Advanced AI Features to Make Maintenance Workflows More Efficient for Frontline Workers

Retrieved on: 
Wednesday, October 25, 2023

MaintainX , the leading maintenance and frontline work execution platform, today introduced AI-powered Maintenance Operations , a suite of AI-backed features to help manufacturers and industrial companies quickly digitize offline processes, improve the efficiency of frontline workers, and help prevent downtime before it happens.

Key Points: 
  • MaintainX , the leading maintenance and frontline work execution platform, today introduced AI-powered Maintenance Operations , a suite of AI-backed features to help manufacturers and industrial companies quickly digitize offline processes, improve the efficiency of frontline workers, and help prevent downtime before it happens.
  • It drives process efficiencies and saves time across critical maintenance and operations tasks, from digitizing maintenance procedures and SOPs to spotting data inaccuracies when maintenance techs are recording meter readings.
  • “With MaintainX’s new AI-powered features, we feel even more confident that our frontline workers can focus on getting critical work done rather than spending time on data entry.
  • To discover how MaintainX can improve your maintenance operations with our AI-powered toolset, please visit www.maintainx.com .

Overhaul Announces Shipment Connect App to Optimize Logistics Operations

Retrieved on: 
Tuesday, October 24, 2023

AUSTIN, Texas, Oct. 24, 2023 /PRNewswire/ -- Overhaul, a software-based supply chain visibility, risk, compliance, and insurance solution for the world's leading brands, has announced Shipment Connect, an application that offers customers unmatched visibility into logistics operations processes.

Key Points: 
  • The app, now available on the App Store and Google Play , empowers supply chain professionals to efficiently capture real-time shipment data and scale their logistics operations.
  • "In this peak season, Shipment Connect is a vital tool for retailers and manufacturers improving data quality and streamlining operations.
  • Shipment Connect fills gaps in visibility so customers can better manage logistics workflows, easily connect systems, verify protocols, and secure cargo.
  • Learn more about how Shipment Connect can expand logistics operations quickly with value-added protection.

NOVOSENSE: Ultra-wide-body digital isolators make high-voltage applications more efficient and reliable

Retrieved on: 
Tuesday, October 24, 2023

In this setting, high-voltage digital control applications pose growing isolation requirements, and the market sees a strong demand for high-efficiency and high-reliability digital isolators accordingly.

Key Points: 
  • In this setting, high-voltage digital control applications pose growing isolation requirements, and the market sees a strong demand for high-efficiency and high-reliability digital isolators accordingly.
  • Wide bandgap (WBG) devices like SiC and driver products pose higher requirements for isolators while continuously improving the power density.
  • Digital isolator now has become one of the semiconductor devices that help unlock the huge potential of high-voltage applications.
  • Depending on applications, NSI82xx series are divided into two sub-series – NSI82xx-DSWWR and NSI82xx-Q1SWWR high-reliability, multichannel ultra-wide-body digital isolators.