ARBE wins the 2022 European TECH.AD Prize

The Arbe Perception Radar won first place in the Perceptual category

Tel AvivIsrael And April 11, 2022 /PRNewswire/– Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), the global leader in the next generation of 4D imaging radar solutions, today announced that it has won the Tech.AD Award Europe 2022 award in the perceptual category. The Tech.AD Europe Award is given to extraordinary projects in the automotive industry and celebrates exceptional solutions and innovations. The winners were announced on April 4y At the Tech.AD conference in BerlinGermany.

“We are excited to receive this prestigious award in the Sensor Perception category, which highlights the superiority of our advanced visualization radar designed to provide the ultimate in safety in the autonomous vehicle industry,” said CEO Arby. Kobe Marenko. “The award is appropriate for our company because we have revolutionized radar as a sensor, adding perception capabilities that were not previously possible in the industry.”

Arbe’s Perception Radar for vehicles provides a powerful picture of the driving environment in all weather and lighting conditions and complements the cameras. Arbe’s Perception Radar delivers extremely high resolution over a long range, in both azimuth and elevation, and supports 100 seconds of detection per frame at a point cloud density unmatched on the market. Arbe provides free space mapping and SLAM, highlighting both drivable and non-driving environments around the vehicle.

“The winners have set a new standard for innovation and creative technology in the autonomous driving industry. This award is a testament to the skill, creativity and vision of the creators. Being able to deliver the future in real time is an absolute privilege,” she said. Sarah FarleyAD Tech.Director Europe 2022. “The auto industry is going through exciting changes right now, and the winners of this award are clearly at the cutting edge of their game. We are already looking forward to next year’s event and the awards to see what they can come up with next.”

Among all applications, the 9 best projects were nominated by an international jury of experts:

  • doctor. Helga NonerHead of Autonomous Driving System Development, Volkswagen
  • Dr. Jürgen Dieckmann, Head of Radar and Radar-Based Ecology, Daimler
  • doctor. Andre Humhead of the Lighthouse Automated Driving Program, Continental
  • doctor. Wendy ChangTechnical Fellow/Sensor Systems, General Motors

For more information on the Tech.AD Europe Award, please visit Award | Tech.AD Europe.

About Arbe

Arbe (Nasdaq: ARBE), the global leader in next-generation 4D Imaging Radar Chipset Solutions, is spearheading the radar revolution, enabling truly safe driver assistance systems today while paving the way for fully autonomous driving. The Arbe imaging radar is 100 times more detailed than any other radar on the market and is a mandatory sensor for L2+ and higher autonomy. The company empowers automakers, Tier 1 suppliers, autonomous ground vehicles, commercial and industrial vehicles, and a broad range of safety applications with advanced sensing and paradigm change awareness. Arbe is a leader in the fast-growing automotive radar market with a total expected market reach 11 billion dollars in 2025. Arbe is headquartered in Tel Aviv, Israeland has an office in United State.

Cautionary note regarding forward-looking statements

This press release may contain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words “expect,” “believe,” “estimate,” and intends, plans, anticipates, projects, may, should, strategy, future, will, project, potential, and similar expressions refer to forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Statements that are not historical facts, including any statements made at the investor and analyst event described in this press release, are forward-looking statements. You should carefully consider the risk factors and uncertainties described in “Risk Factors,” “Operational and Financial Review and Outlook” “Cautionary Note Regarding Forward-Looking Statements” and additional risks described in Arbe’s annual report on Form 20-F, as well as such other documents submitted by Arbe with SEC. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they are made, and Arbe undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they are made except as required by applicable law or regulation.

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