Telematics Wire got into a conversation with Omer Keilaf, CEO, Innoviz. Omer talks about LiDAR and autonomous vehicles in the conversation.
Omer: The latter. Our LiDAR products are designed in a way that requires fewer components, which greatly helps reduce costs. They also leverage the latest innovations to reduce material costs. As volumes increase, we will also be able to drive down the initial introduction price.
TW: What is your vision of usage of LiDAR in automotive sector?
Omer: Most people in the autonomous vehicle industry recognize that LiDAR is essential to the future of the market, but existing solutions are prohibitively expensive, too large, and lack the performance required to get to level 3 – 5 driving. Our mission is to enable the autonomous vehicle revolution by providing the highest performance, lowest cost and most compact LiDAR solutions on the market.
Omer: Sensor fusion is certainly an essential technology and will consist of fusion between LiDAR, Camera and Radar. It may indeed lead and/or assist in generating stats regarding driving patterns, etc.
TW: Do you think cost will also come down in other segment where LiDAR scanners are used like topography survey or monument documentation, as an outcome of automotive driven investment in LiDARs?
Omer: Yes, absolutely. Autonomous driving is one of the most pressing needs for LiDAR, but as the technology evolves and prices come down, we’ll begin seeing LiDAR appear in a vast array of vertical markets and uses cases.
Omer: We believe that Intel’s acquisition of Mobileye is just the beginning. There is so much tech innovation happening in Israel overall, and within the automotive sector in particular. I’m not sure that there will necessarily be an increase of tech startups in the region, because there’s already so many of them, but you will definitely see more attention paid to Israeli automotive startups by the rest of the world. Israeli’s love to innovate, and right now there is no greater opportunity to push the boundaries of cutting-edge technology than in the automotive sector.