Arbe (ARBE) Q4 2024 Earnings Call Transcript

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DATE

Mar. 5, 2025 astatine 8:30 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Kobi Marenko

• Chief Financial Officer — Karine Pinto-Flomenboim

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Full Conference Call Transcript

Kobi Marenko: Good morning, everyone, and convey you for joining us. I volition statesman by reviewing immoderate of our caller concern highlights. Throughout the year, we focused connected driving a radar improvement by innovating and delivering cutting borderline solutions that acceptable caller manufacture standards. Our committedness to pushing the boundaries of radar exertion with our industry-leading solutions remains strong. We instrumentality pridefulness successful the advancement we person made successful some merchandise improvement and lawsuit relationships, expanding and enhancing our offerings. Many apical car manufacturers are actively selecting the radar suppliers this year, and we are assured that our chipset volition play a cardinal relation successful those discussions.

In 2024, 1 of the apical 10 planetary car OEMs selected our chipset for its next-generation imaging radar. Zenseact, the Swedish AI and bundle institution and Arbe's tier 1 Sensrad person announced a associated exploration of 4D high-resolution imaging radar to heighten information successful automated driving. We were thrilled to denote the collaboration with NVIDIA, wherever together, we are revolutionalizing conveyance information and autonomy. We were arrogant to showcase this groundbreaking exertion arsenic the CES accumulation successful Las Vegas successful January. Our high-resolution radar integrates with NVIDIA's in-vehicle computing level to alteration radar-based free-space mapping. These technologies combined to redefine conveyance cognition and decision-making, paving the mode for what we judge volition beryllium safer and smarter mobility solutions.

We look guardant to aboriginal collaboration with NVIDIA. In September, HiRain technologies, 1 of our cardinal tier 1s announced that it is successful accelerated tracking of the improvement of an ADAS strategy for a Chinese car shaper utilizing our chipset, efficaciously replacing LiDAR from the existent system. The ADAS strategy is anticipated to participate serial accumulation by Q4 2025, pending last support from the OEM. Additionally, successful 2024, we announced a collaboration with a starring European motortruck shaper to integrate our automotive-grade imaging radar exertion into its next-generation sensor suite. This marks a important milestone successful the shaper modulation to an precocious implementation stage.

It is important to notation that our radar exertion addresses the unsocial challenges of the trucking marketplace specified arsenic larger size of trucks, longer braking distances and higher interaction potential. Moving on, Sensrad announced that it signed a model statement worthy an estimated $7.3 cardinal to proviso 4D imaging radar powered by Arbe's exertion to Tianyi Transportation Technology successful China for vehicle-road-cloud integration technology. This model statement follows an extended twelvemonth agelong revaluation of our precocious chipset technology. We judge that determination are important opportunities for maturation successful the nonautomotive market, and we are blessed to enactment Sensrad successful delivering unparalleled radar solutions and driving innovation guardant successful specified cardinal markets.