Arbe Robotics Ltd.

Good day and welcome to the RBA Robotics first quarter 2025 earnings results conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on a touch-tone phone. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to Mary Segoe of R-BASE Investor Relations. Please go ahead.

Thank you, Operator, and good day, everyone. 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, Arbe's co-founder and CEO, who will begin the call with the business update. Then we will turn the call over to Corinne Pinto-Flommenboim, CFO, who will review the financials. Finally, we will open the call up for the question and answer session. With that, I'd like to turn it over to Koby Marenko. Koby, please go ahead.

Good morning, everyone, and thank you for joining us. I will begin by reviewing some of our recent business highlights. During the first quarter, we continued to make meaningful progress in Europe, getting closer to potential design wins with leading OEMs. We secured radar systems orders supporting advanced data collection program. The OEM data collection program is one of the final steps in the automotive sourcing process. We are seeing increased investment from our tier ones and from OEMs while developing their own AI-driven perception algorithms that leverage our radar data. These initiatives are aligned with the path to OEM selection and we anticipate that ARBES radar technology will serve as a key enabler for high-volume 2028 passenger vehicle platforms in Europe. We believe that our solid balance sheet, coupled with the capital we previously raised, positions us well to support these programs with revenues projected to begin in 2027. In China, our Tier 1 higher-end technologies reached a critical milestone in April with the launch of its LRR615, a production-intent, long-range imaging radar system built on our high-performance chipset. Designed for the demanding needs of the Chinese autonomous driving market, the LRR615 offers ultra-high resolution and dependable performance in all weather and lighting conditions. This achievement highlights the industrial scalability of our platform and demonstrates our partners' capability to bring ARBE-powered solutions to the market. We also saw continued traction beyond the automotive sector. Our Tier 1 SenseRad placed a significant order for over 1,000 imaging radar chips to serve diverse customers across multiple use cases. This order reflects growing commercial demand and the versatility of our technology in broader industrial and mobility markets one of the most significant collaborations in the first quarter was with nvidia a leader in advanced in-vehicle computing through its drive platform nvidia is a front runner in providing the computing backbone for autonomous driving and ada together with advanced radar-based free space mapping, and AI-driven precision capabilities, a critical enabler for next-generation autonomous systems. By integrating our high-resolution imaging radar with the NVIDIA DRIVE 8GX platform, we are delivering a powerful combination of sensing and computing performance. This collaboration was permanently featured at CES 2025, where ARBE showcased the integration in real-world driving scenarios. It's a strong validation of our technology and a clear signal of our expanding role in the software-defined vehicle ecosystem. Since January, we've demonstrated what we believe is the most advanced radar solution available at premier automotive trade shows across China, Japan, Germany, and the United States. Featuring on-chip super-resolution processing and real-time performance at 20 frames per second, our perception radar sets a new industry benchmark for radar image quality. The response from OEMs and tier 1s has been overwhelmingly positive, further reinforcing our leadership in next-generation radar sensors. Finally, in January 2025, we successfully raised $33 million through an underwriting registered direct offering, including a $4 million over-allotment option fully exercised by the underwriters, late but kind of called Genuity. In addition, in January 2025, $21.5 million was released to Albe from the Esco account, following the conversion of convertible bonds we issued on the Tel Aviv Stock Exchange in 2024. This capital strengthens our balance sheet and enhances our financial stability as we scale operations, invest in productization, and support expanding global engagement. In closing, the progress we've made across OEM partnerships, tier one integration, and cross-sector adoption demonstrates the maturity of our execution and the strength of our ecosystem. Baked by a solid financial foundation, we're positioned to lead the industry in the adoption of ultra-high-resolution radar and unlock long-term value for our stakeholders. We look forward to sharing more as we continue to move forward. Now I'd like to turn it over to our CFO, Karim, to go over the financials.