Arbe Robotics Ltd (NASDAQ:ARBE) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET
Company Participants
Mor Assia - Founding Partner and Co-CEO of iAngels & Director of Arbe
Kobi Marenko - Co-Founder, CEO & Director
Gonen Barkan - Chief Radar Officer
Karine Pinto-Flomenboim - Chief Financial Officer
Alexander Hitzinger - Member of the Board of Director
Conference Call Participants
Mor Assia
Thank you everyone for joining us today. Welcome to Arbe's First Quarter of 2022 Financial Results Fireside Chat Imaging Automotive in 2030. My name is Mor Assia, and I will be moderating today’s event. I am a Director on Arbe’s Board and the Founding Partner of iAngels, one of Israel’s most active VC firms.
Arbe is one of our largest investments. We’ve been supporters of Arbe since the beginning where we led their seed financing rounds and have invested in each of Arbe’s financing round since. The automotive industry is progressing quickly and ultra high resolution imaging radars are going to be critical for achieving truly safe driver assist systems and hands free driving. Arbe is driving this revolution.
Before we begin, I would like to remind you that certain information provided on this call may contain forward-looking statements, and the Safe Harbor statement outlined in today's earnings release also pertains to this call. Please also note that this event is being recorded.
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, Arbe’s CFO, who will review the financial statements followed by an insightful fireside chat with industry experts from Arbe’s leadership team and Board of Directors about the promises and challenges of automotive autonomy over the next decade, and will conclude with a question-and-answer session.
With that, I would like to turn it over to Kobi Marenko. Kobi, Please go ahead.
Kobi Marenko
Thank you, Mor, and hello everyone. It is great to have you with us. Today we are going to discuss the future of autonomy in 2030 and the leading role that Arbe will play in this world. But first, I would like to go over some of our recent business highlights.
We made great progress in the first quarter, particularly with our Tier-1 relationships and OEM customers. Hyundai, a leading car manufacturer and one of our early investors held a PoC testing the safety announcements introduced by our next-generation radar. Just yesterday, they showcased our joint pilot at the EcoMotion event.