Innoviz expands Perciz defense brand, posts Q2 revenue record and $3.5M orders
Aug 5, 2026, 7:04 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The company reports a Q2 revenue record, a defense order pipeline, and a formal defense brand (Perciz) with multiple collaborations, plus a high-profile board appointment. These catalysts improve visibility on future NREs and unit volumes, which could lift valuation once defense momentum translates to cash flow; funding via a $30M offering further supports near-term liquidity.
AI summary
What happened, with direct paths to the underlying reporting
Innoviz reported Q2 2026 revenue of $18.1M and reaffirmed FY2026 guidance of $67–$73M, while expanding into defense via the Perciz brand. Six defense/security engagements, a $3.5M defense order, and a LiDAR perception stack with a top-10 OEM underscore cross-market momentum with VW, Mobileye and Daimler Truck. This defense-autotech flywheel could drive longer-term growth and improved profitability.
Launched Perciz, Innoviz's defense brand; six defense engagements in 3 months.
First multimillion-dollar defense orders totaling about $3.5M; deployments in multiple locations.
Q2 2026 revenue record of $18.1M; FY2026 outlook unchanged at $67–$73M.
Appointed Maj. Gen. (Ret.) Yoav Har-Even to the board.
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