Arbe Robotics Ltd.

Good day, everyone, and welcome to the RBA Robotics third quarter 2025 results conference call. All participants will be in a listen-only mode. Following management's formal presentation, instructions will be given for the question and answer session. For operator assistance, please press star and zero. As a reminder, this conference is being recorded, and you should have all received by now the company's press release. If you have not, please check with the company's website at www.rba.com. rbayrobotics.com or call EK Global Investor Relations. I would now like to turn the floor over to Mr. Kenny Green from EK Global Investor Relations. Mr. Green, would you like to begin? Thank you, Alfred.

Good day to all of you and welcome to our base conference call to discuss the results of the third quarter of 2025. 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, our base co-founder and CEO, who will begin the call with a business update, and then we will turn the call over to Karim Pinto Flemenbaum, CFO, who will review the financials. Finally, we'll open the call to our listeners for the question and answer session. And with that, I'd like to turn the call over to Kobi Marenko. Kobi, please go ahead.

Thank you, Kobi. Good morning, everyone, and thank you for joining us to discuss our results, and recent business development. I'll begin with an update on the most important aspect of our current activities, our strategic progress with OEMs. We are pleased with the solid strategic progress made in the third quarter. As you know, our main goal is to secure design wins with OEMs and become the radar technology provider and core enabler of their ADAS and autonomous driving programs. While it is a long process, we are moving forward and making solid progress each and every quarter. We believe that we are well positioned and in the lead to be selected as the key enabler for an eyes-off, hands-off automated driving program for serial production retail vehicles by one of the major European OEMs in the near future, and we hope to share further information as soon as we hear. In addition, another premium European OEM is conducting data collection for a Level 3 program using radars based on Arba's chipset. We continue to make strong progress with other OEMs as well. A top Japanese OEM ordered our radar kit for its Level 4 development activities and approved the expansion of the project it initiated last year based on our chipset including pre-development activities. I also want to add that in terms of our highly strategic non-OEM collaborations, a global leader in artificial intelligence computing has ordered radar development kits for its full-stack autonomous driving software development, making a strong validation from one of the most influential players shaping the future of autonomous driving technology, as well as AI in general. Global economic shifts are causing some OEMs to postpone new model launches and lengthen their decision timeline for autonomous driving solutions. Despite this, ABA's market position continues to grow stronger. We remain encouraged by the steady progress we have achieved throughout 2025 and as the year comes to a close. Based on what we see now, we believe we are well positioned to secure the key European OEM program I discussed earlier in the short term, and additional three program wins within the next three quarters. Our initiatives are aligned with the path to OEM selection, and we continue to expect that ARBES radar technology will serve as a key enabler for 2028 passenger vehicle platforms. We expect the initial revenues will begin in 2027, which ramped up in 2028 as our chipset are used in high-volume production. Thanks to our strong balance sheet, with over $52 million in net cash, we have the runway to support all programs as our revenue reaches the ramp-up stage. With regard to our focus on non-automotive projects, we are seeing increasing global demand in the defense sector. We are currently supplying radar systems for defense pilot programs and evaluation projects And last quarter, we announced a new defense client. In addition, in the third quarter, we expanded into the maritime domain. Since then, there was still one supplier for non-automotive applications, announced an order from Watchit for radar systems powered by our chipset. These systems will support collision preventing for boats in all weather and lighting conditions. Boating represents another promising new vertical for our radar technology. During the quarter, we won two prestigious automotive technology industry awards, the Just Auto Excellence Award for leading technology in the perception systems category, and the Auto Tech Breakthrough Awards for sensor technology solution of the year 2025. Both awards are a proof of ARBE's contribution to the automotive industry and leading technological advantages, which are bringing unparalleled safety for drivers and advancing ADAS and autonomous driving. Before closing, I want to welcome Chris Van Den Elzen to our Board of Directors. Chris brings over 30 years of experience in the automotive industry, working with both OEMs and Tier 1s. He is former Vice President of Magna International and Executive Vice President of Bayonier, and brings us strong business experience and deep technological expertise and I'm sure it will be a very valuable asset. In closing, ARDA is well positioned to benefit from current industry trends as the market transition to high resolution radar. Now I would like to turn it over to CFO Karim to go over the financial.