Core Viewpoint - Arbe Robotics Ltd. has announced an underwritten offering of 11,500,000 ordinary shares priced at $1.40 per share, aiming to raise approximately $16.1 million in gross proceeds for working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering is expected to close on or about January 27, 2025, subject to customary closing conditions [2]. - Arbe plans to grant underwriters a 30-day option to purchase up to an additional 1,725,000 ordinary shares at the public offering price [2]. - Canaccord Genuity is the sole bookrunner for the offering, with Roth Capital Partners and WestPark Capital acting as co-managers [3]. Group 2: Company Overview - Arbe Robotics is a leader in ultra-high-resolution radar solutions, providing technology that delivers up to 100 times more detail than other radar systems [6]. - The company's radar chipset enables automakers to develop advanced driving systems, including full vehicle autonomy, by providing real-time, 4-dimensional imaging [6]. - Arbe operates globally, with headquarters in Tel Aviv and offices in the United States, Germany, and China [7].

Core Viewpoint - Shares of Arbe Robotics Ltd. experienced a significant increase in early trading following the announcement of a new automotive radar platform that combines its perception technology with computing capabilities from Nvidia [1] Company Summary - Arbe Robotics Ltd. has launched a new automotive radar platform that integrates its advanced perception technology with Nvidia's computing capabilities [1] Industry Summary - The automotive radar market is likely to see increased interest and investment due to advancements in technology integration, particularly with the collaboration between perception technology and computing power [1]

Core Viewpoint - Arbe Robotics Ltd. is proposing to extend the deadline for meeting conditions under its series A convertible bonds to December 31, 2026, to avoid early redemption of unconverted bonds [1][2]. Group 1: Bondholder Meeting and Terms - A bondholder meeting is scheduled for December 16, 2025, to vote on the proposed extension and updated terms, which include reducing the interest rate from 6.5% to 4.35% effective January 1, 2026 [2]. - The conversion price for the bonds remains at ILS 9.53 (approximately $2.95) per share, and the company is considering issuing additional bonds to increase the total principal amount to up to $20 million from the current $8.5 million [2]. Group 2: Conditions for Fund Release - The release of funds from the trustee is contingent upon three conditions, which include securing a strategic program award with a European OEM, maintaining a share price of at least $3.10 for 30 consecutive trading days, and achieving a minimum trading volume of 300,000 shares per day [3][6]. - The decision to seek an extension is influenced by recent developments that have led Arbe to not expect securing the potential strategic program award in the near future [3]. Group 3: Company Overview - Arbe Robotics is a leader in ultra-high-resolution radar solutions, providing technology that enhances safety in driving systems and supports advancements from ADAS to full vehicle autonomy [4]. - The company’s radar chipset offers up to 100 times more detail than traditional radar systems, enabling real-time, 4-dimensional imaging for various vehicle segments and safety applications [4].

Core Viewpoint - Arbe Robotics Ltd. (ARBE) remains a speculative stock with significant volatility since the last buy rating was issued in July [1] Company Summary - The stock has experienced fluctuations, including a decline following the previous analysis [1] Investment Analysis - The company is currently viewed as a speculative investment opportunity, indicating potential for both gains and losses [1]

Core Viewpoint - Arbe Robotics Ltd. (ARBE) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1]. Earnings Estimates and Ratings - The Zacks rating system is primarily based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade reflects an optimistic earnings outlook for Industrial Tech Acquisitions, potentially leading to increased buying pressure and stock price appreciation [4]. Impact of Earnings Estimates on Stock Prices - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, influencing their buying and selling decisions, which in turn affects stock prices [5]. Business Improvement Indicators - Rising earnings estimates and the Zacks rating upgrade suggest an improvement in the underlying business of Industrial Tech Acquisitions, which should encourage investors to drive the stock price higher [6]. Importance of Earnings Estimate Revisions - Empirical research supports a strong correlation between earnings estimate revisions and stock movements, making tracking these revisions beneficial for investment decisions [7]. - The Zacks Rank system effectively leverages earnings estimate revisions to classify stocks into five groups, with a strong historical performance of Zacks Rank 1 stocks averaging a +25% annual return since 1988 [8]. Specific Earnings Estimates for Industrial Tech Acquisitions - For the fiscal year ending December 2025, Industrial Tech Acquisitions is expected to earn -$0.31 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 7% over the past three months [9]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings across over 4,000 stocks, with only the top 5% receiving a "Strong Buy" rating [10]. - The upgrade to Zacks Rank 2 places Industrial Tech Acquisitions in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [11].

Core Insights - The focus is on producing objective, data-driven research primarily about small- to mid-cap companies, which are often overlooked by many investors [1] Group 1 - The analysis occasionally includes large-cap companies to provide a broader perspective on the equity markets [1]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 totaled $0.3 million, up from $0.1 million in Q3 2024, indicating a significant increase [9] - Gross profit for Q3 2025 was negative $0.2 million, an improvement from negative $0.3 million in the same period last year [9] - Operating loss for Q3 2025 was $11.5 million, compared to a loss of $12.4 million in Q3 2024, showing a reduction in losses [10] - Net loss in Q3 2025 was $11 million, down from a net loss of $12.6 million in Q3 2024 [10] - As of September 30, 2025, the company held $52.6 million in cash and cash equivalents [11] Business Line Data and Key Metrics Changes - The company is focused on securing design wins with OEMs for its radar technology, with significant progress reported in collaborations with major OEMs [3][4] - A top Japanese OEM has ordered radar kits for level 4 development activities, indicating strong demand for the company's technology [4] Market Data and Key Metrics Changes - Global economic shifts are causing some OEMs to postpone new model launches, but Arbe's market position continues to strengthen [5][11] - The company is seeing increasing demand in the defense sector and has expanded into the maritime domain, indicating diversification in market applications [6][7] Company Strategy and Development Direction - The company aims to secure four design wins with OEMs in the next three quarters, focusing on premium automotive models initially [5][15] - Arbe's radar technology is expected to serve as a key enabler for 2028 passenger vehicle platforms, with initial revenues anticipated in 2027 [6] Management's Comments on Operating Environment and Future Outlook - Management noted that dialogues with OEMs are progressing positively, with a clearer path to decision-making emerging [25] - The company expects a ramp-up in revenues from non-automotive sectors in 2026, alongside anticipated revenues from China [28] Other Important Information - The company won two prestigious automotive technology industry awards, highlighting its technological advancements and contributions to safety in the automotive sector [7] - A new board member with extensive automotive industry experience has been appointed, which may enhance strategic direction [8] Q&A Session Summary Question: Is the guidance for four design wins referring to four separate OEMs? - Yes, it refers to four different OEMs, with decisions expected from at least five OEMs in the next three quarters [16] Question: What factors could swing the revenue guidance for Q4 from low to high? - The timing of customer decisions on NRE programs will significantly impact revenue recognition in Q4 [19] Question: Can you provide insights into the conversations with OEMs and reasons for decision delays? - Dialogues are going well, but earlier delays were due to uncertainty around tariffs; now, a clearer path to decisions is expected [25] Question: How should revenue and OpEx be modeled for 2026 and 2027? - Most revenues in 2026 are expected from non-automotive sectors, with stable OpEx levels anticipated [28][29]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 totaled $0.3 million, up from $0.1 million in Q3 2024, indicating a significant increase [9] - Gross profit improved to -$0.2 million in Q3 2025 from -$0.3 million in the same period last year, reflecting a better revenue mix [9] - Operating loss decreased to $11.5 million in Q3 2025 from $12.4 million in Q3 2024 [10] - Net loss narrowed to $11 million in Q3 2025 compared to $12.6 million in Q3 2024 [10] - As of September 30, 2025, the company held $52.6 million in cash and cash equivalents [11] Business Line Data and Key Metrics Changes - The company is focused on securing design wins with OEMs for its radar technology, with significant progress reported in collaborations with major OEMs [3][4] - A top Japanese OEM has ordered radar kits for Level 4 development, indicating strong demand for Arbe's technology [4] - Non-automotive projects are seeing increased demand, particularly in the defense sector and maritime applications [6][7] Market Data and Key Metrics Changes - Global economic shifts are causing some OEMs to delay new model launches, impacting decision timelines for autonomous driving solutions [5] - Despite these delays, Arbe's market position is strengthening, with expectations to secure key European OEM programs in the near term [5][11] Company Strategy and Development Direction - The company aims to be the key enabler for automated driving programs, with a focus on high-resolution radar technology [8] - Arbe expects initial revenues from its chipsets to begin in 2027, ramping up in 2028 as production scales [6] - The strategy includes expanding into non-automotive sectors, with a strong emphasis on defense and maritime applications [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about securing four design wins with OEMs in the next three quarters, with decisions expected from at least five OEMs [14] - The company anticipates a significant ramp-up in revenues from non-automotive sectors in 2026, alongside expected revenues from China [26] - Adjusted EBITDA expectations for 2025 remain unchanged at a loss of $29 million to $35 million, reflecting ongoing investments in growth [11] Other Important Information - The company won two prestigious automotive technology industry awards, highlighting its technological advancements in radar systems [7] - A new board member with extensive automotive industry experience was welcomed, enhancing the company's strategic capabilities [8] Q&A Session Summary Question: Is the guidance for four design wins referring to four separate OEMs? - Yes, it refers to four different OEMs, with decisions expected from at least five OEMs in the next three quarters [14] Question: What factors could swing the revenue guidance for Q4 from low to high? - The timing of customer decisions on NRE programs will significantly impact revenue recognition in Q4 [17] Question: Can you provide insights into the conversations with OEMs and reasons for decision delays? - Dialogues with OEMs are positive, but earlier delays were due to uncertainty around tariffs; now, a clearer path to decisions is emerging [23] Question: How should revenue and OpEx be modeled for 2026 and 2027? - Most revenues in 2026 are expected from non-automotive sectors, with stable OpEx levels anticipated as the automotive ramp-up occurs [26][27]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 totaled $0.3 million, up from $0.1 million in Q3 2024, indicating a significant increase [10] - Gross profit for Q3 2025 was negative $0.2 million, an improvement from negative $0.3 million in the same period last year [10] - Operating loss for Q3 2025 was $11.5 million, compared to a loss of $12.4 million in Q3 2024, showing a reduction in losses [11] - Net loss in Q3 2025 was $11 million, down from a net loss of $12.6 million in Q3 2024 [11] - As of September 30, 2025, the company held $52.6 million in cash and cash equivalents [12] Business Line Data and Key Metrics Changes - The company is focused on securing design wins with OEMs for its radar technology, which is crucial for ADAS and autonomous driving programs [4][5] - A top Japanese OEM has ordered radar kits for level 4 development activities, indicating strong demand for Arbe's technology [5] Market Data and Key Metrics Changes - Global economic shifts are causing some OEMs to postpone new model launches, but Arbe's market position continues to strengthen [6][12] - The company is seeing increasing demand in the defense sector and has expanded into the maritime domain [7][8] Company Strategy and Development Direction - Arbe aims to secure four design wins with OEMs in the next three quarters, focusing on premium models initially, with plans to expand to non-premium models over time [6][17] - The company expects initial revenues from its radar technology to begin in 2027, with a ramp-up in 2028 as chipsets are used in high-volume production [7] Management's Comments on Operating Environment and Future Outlook - Management noted that dialogues with OEMs are progressing well, with a clearer path to decision-making emerging [26] - The company anticipates that most revenues in 2026 will come from non-automotive sectors, with a ramp-up in revenues from China expected [29][30] Other Important Information - Arbe won two prestigious automotive technology industry awards in Q3 2025, highlighting its technological advantages [8] - The company welcomed a new board member with extensive experience in the automotive industry, which may enhance its strategic direction [9] Q&A Session Summary Question: Is the guidance for four design wins referring to four separate OEMs? - Yes, it refers to four different OEMs, with decisions expected from at least five OEMs in the next three quarters [17] Question: What factors could swing the revenue guidance for Q4 from low to high? - The timing of customer decisions on NRE programs will significantly impact revenue recognition in Q4 [20] Question: Can you provide insights into the conversations with OEMs and reasons for decision delays? - Dialogues are positive, but earlier delays were due to uncertainty regarding tariffs; now, a clearer path to decisions is expected [26] Question: How should one model revenue and expenses for 2026 and 2027? - Most revenues in 2026 are expected from non-automotive sectors, with stable operating expenses anticipated [30]

分组1 - Arbe Robotics Ltd. reported a quarterly loss of $0.08 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.07, but an improvement from a loss of $0.13 per share a year ago, indicating a -14.29% earnings surprise [1] - Industrial Tech Acquisitions posted revenues of $0.25 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 63.71%, compared to revenues of $0.12 million a year ago, and has not surpassed consensus revenue estimates in the last four quarters [2][4] - The stock of Industrial Tech Acquisitions has declined approximately 22% since the beginning of the year, contrasting with the S&P 500's gain of 14.5% [3] 分组2 - The earnings outlook for Industrial Tech Acquisitions is mixed, with the current consensus EPS estimate at -$0.07 on $1.5 million in revenues for the upcoming quarter and -$0.30 on $2.5 million in revenues for the current fiscal year [7] - The Zacks Industry Rank places Technology Services in the top 31% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Skillsoft Corp., another company in the same industry, is expected to report quarterly earnings of $1.26 per share, reflecting a year-over-year change of +169.2%, with revenues anticipated to be $131.56 million, down 4.1% from the previous year [9]