Arbe Robotics Ltd. (NASDAQ:ARBE) Q2 2022 Earnings Conference Call August 16, 2022 8:30 AM ET
Company Participants
Kobi Marenko - Co-Founder, CEO and Director
Gonen Barkan - Chief Radar Officer
Karine Pinto-Flomenboim - Chief Financial Officer
Conference Call Participants
Joshua Buchalter - Cowen and Company
Gary Mobley - Wells Fargo Securities
Suji Desilva - Roth Capital
Jaime Perez - RF Lafferty
Matthew Galinko - Maxim
Operator
Good day and welcome to Arbe Robotics Second Quarter 2022 Financial Results. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Mary Cegal [Ph], CEO of MSIR. Please go ahead.
Unidentified Company Representative
Thank you everyone for joining us today. Welcome to Arbe’s second quarter 2022 financial results conference call. Before we begin, I would like to remind our listeners that certain information provided on this call may contain forward-looking statements in the Safe Harbor statement outlined in today’s earnings 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 updates. Then we will turn the call over to Karine Pinto-Flomenboim, CFO, who will review the financial. Finally we will open the call up for the question and answer session.
With that, I would like to turn it over to Kobi Marenko. Kobi, Please go ahead.
Kobi Marenko
Thank you Mary. Good morning everyone and thank you for joining us. I would like to begin by reviewing some of our recent business highlights. In July, we introduced Lynx, the industries’ first Surround Imaging Radar, fulfilling a significant market demand for 360 long-range, high-resolution sensing at an affordable price. With 24 by 12 channels Lynx outperformed the most advanced industry radars on the market today, even the highly priced front radar, making it the first surround radar, able to announce perception and sense of future.
The Lynx imaging radar was designed to complement Arbe’s flagship product Phoenix Perception Radar, which processes 48x48 channels. Both radars will work in sync to deliver unified perception and interference avoidance and to provide full sensor coverage around the vehicle, enabling unparalleled safety for vehicles. Lynx is designed to be a corner and a back radar for L2+ and higher autonomous vehicles. We anticipate that four to six surround imaging radars will be integrated per vehicle in addition to one or two protection radars.