08:56 AM EST, 01/07/2025 (MT Newswires) -- Innoviz Technologies ( INVZ ) said Tuesday it has developed new autonomous driving sensor technologies running on Nvidia's ( NVDA ) DRIVE AGX Orin platform.

The company said its collaboration with Nvidia ( NVDA ) allows for real-time processing and understanding of a vehicle's environment for object detection, classification and tracking.

Innoviz ( INVZ ) Chief Executive Omer Keilaf said the innovations will "ensure safer and more reliable systems" for driver assistance and self-driving capabilities.

Innoviz ( INVZ ) shares were more than 26% higher in recent premarket trading.