Arbe Robotics Ltd.

Good day and welcome to the Arbe Robotics first quarter 2023 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing star then zero on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your telephone keypad. To withdraw your question, please press star then 2. Please note, this event is being recorded. I would now like to turn the conference over to Mary Sagal, CEO of MSIR. Please go ahead.

Thank you everyone for joining us today. Before we begin, I would like to remind our listeners that certain information provided on this call may contain forward-looking statements, and the safe harbor statement outlined in today's press release also pertains to this call. If you have not received a copy of the release, please view it in the investor relations section of the company's website. Today, we are joined by Kobi Marenko, Arbaez, co-founder and CEO, and Karin Pinto-Flomenboim, CFO. Kobi will begin the call with a business update. Then we will turn the call over to Karin, who will review the financials. Finally, we will open the call up to our listeners for the question and answer session. With that, I'd like to turn it over to Kobi Marenko. Kobi, please go ahead.

Thank you, Mary. Good morning, everyone, and thank you for joining us. I will begin by reviewing some of our recent business highlights. Then, Karin Pintoffel-Flumenbeim, our business CFO, will review the financials in more detail and share our outlook. Finally, we will open the call for the question and answer session. This quarter, we are taking significant steps for production and increasing revenue through our collaboration with tier ones and leading car manufacturers who look to adapt our technology for enhancing safety and autonomy in their next generation platforms. WIFU has successfully established a production line and has a functional B sample in operation, which represents the production configuration. Four other tier ones are actively constructing their production lines and are in the final stages of B sample development as well. The WIFU production line is currently capable of producing tens of thousands of units per year. WIFU is in the final stages of upgrading the production line to allow them to manufacture hundreds of thousands of radars annually. I recently returned from China, which was my first time visiting since COVID, and I was very encouraged by the commitment and progress achieved with car manufacturers. While there, I participated in the Shanghai Auto Show, where Ave and Mifu signed a strategic cooperation agreement with Didi Global's autonomous freight company, Cargobot. Didi Global is a leader in innovative mobility technology in China, providing safe and sustainable transportation worldwide. Cargobot is will be integrating WIFU's radar system, which utilize the ARBE chipset into their level four tracks. As we have stated many times, safety is in the heart of ARBE's focus and commitment. Together with WIFU and Cargobot, we intend to develop advanced technological products and accelerate the commercialization of autonomous driving solutions in the field of logistics and freight. Additionally, we are collaborating with the perception teams of leading European and Asian premium car manufacturers who are implementing our radar technology in their next generation solution. This collaboration aims to bridge the gap between current driver assist systems and the desired next generation of safety and autonomy. By working closely with these teams, we demonstrate the advantages of our radar technology and illustrate its role in driving forward advancements in the automotive industry. After meeting with WeFu, Hirin, and our customers in China and observing the progress made by our Tier 1s, Valeo and Vionir, in engaging potential customers across Europe and America, we are confident that we will achieve our targets of securing four OEM selections by the end of this year that will generate significant revenue. With our cutting-edge technology, we are well positioned to meet the growing demand for safe driver assist systems, providing unparalleled performance and paving the way for a future where road safety is significantly enhanced. Finally, we are delighted to announce the exciting news about SenseRad, a spin-out venture from our long-standing partner, Camcom. SenseRad is dedicated to developing radar systems based on the advanced Albert chipset. In a significant development, SenseRad has received a strategic investment from GetWave, a leading provider of high-performing radar antenna technology. This strategic partnership enables SENSRAD to deliver cutting-edge radar systems to various industry verticals, including infrastructure, heavy machinery, surveillance, and autonomous mobility. By leveraging the power of Gateway's antenna technology, along with the exceptional capabilities of the ARBA chipset, we believe that SENSRAD radar systems will provide unparalleled safety and enhance autonomy across a wide range of industries. The potential for radar application in non-automotive verticals is enormous, and we are thrilled to join this journey. As we look ahead, we are confident in our strong position for sustained growth in 2023. With the support of our partners in China, Europe, and the US, we are fully prepared to achieve our commercial objectives and mass production this year. Now, I'd like now to turn it over to our CFO, Corinne, to go over the financials.