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Arbe Robotics Ltd.
5/23/2022
Thank you everyone for joining us today. Welcome to Arba's first quarter of 2022 Financial Results Fireside Chat, Imaging Automotive in 2030. My name is Mor Asya and I will be moderating today's events. I am a director on Arba's board and the founding partner of iAngels, one of Israel's most active VC firms. Arbez is one of our largest investments. We've been supporters of Arbez since the beginning, where we led their seed financing round, and have invested in each of Arbez's financing rounds since. The automotive industry is progressing quickly and ultra-high resolution imaging radars are going to be critical for achieving truly safe driver assist systems and hands-free driving. ARBE is driving this revolution. Before we begin, I would like to remind you that certain information provided on this call may contain forward-looking statements and the safe harbor statement outlined in today's earnings release also pertains to this call. Please also note that this event is being recorded. Today, we are joined by Kobi Morenko, Arbez co-founder and CEO, who will begin the call with the business update. Then we will turn the call over to Karim Pinto Flomenboim, Arbez CFO, who will review the financial statements, followed by an insightful fireside chat with industry experts from Arbez leadership team and board of directors about the promises and challenges of automotive autonomy over the next decade. We will conclude with a question and answer session. With that, I'd like to turn it over to Kobi Marenko. Kobi, please go ahead.
Thank you, Mor, and hello, everyone. It is great to have you with us. Today, we are going to discuss the future of autonomy in 2030 and the leading role that Arbe will play in this world. But first, I would like to go over some of our recent business highlights. We made great progress in the first quarter, particularly with our Tier 1 relationships and OEM customers. Hyundai, a leading car manufacturer and one of our early investors, held a POC testing the safety announcement introduced by our next generation radar. Just yesterday, they showcased our joint pilot at the Ecomotion event. Working closely with world leading car manufacturers like Hyundai is important for us as it allows us to evaluate how our technology addresses their safety and autonomy needs in real time. Let's view some highlights from the pilot.
Our best developed the first ultra high resolution imaging radar, 100 times more details than any other radar on the market.
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