Innoviz Secures $30 Million in Direct Share Offering

The transaction is expected to close on or about July 29, 2026, pending standard closing conditions. Titan Partners is serving as the sole placement agent for the offering, with WestPark Capital, Inc. providing financial advisory services. The shares are being issued under an existing registration statement previously cleared by the U.S. Securities and Exchange Commission.

Innoviz, a Tier-1 supplier for automotive manufacturers, has increasingly pivoted toward the security and defense sectors. Its Perciz division leverages the company’s automotive-grade LiDAR sensors for specialized applications, including perimeter intrusion detection and counter-UAS systems. By deploying these sensors, the firm aims to provide high-resolution, real-time spatial awareness for government and infrastructure clients facing complex modern threats.