$15 million upfront with up to an additional $34 million of aggregate gross proceeds upon the exercise in full for cash of long-term and milestone-linked warrants TEL AVIV, ISRAEL, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Arbe Robotics Ltd. (NASDAQ, TASE: ARBE) (“Arbe” or the “Company”), a global leader in Perception Radar Solutions, today announced the pricing of a public offering of an aggregate of 8,250,000 ordinary shares (or pre-funded warrants in lieu thereof) accompanied by Tranche A Warrants to purchase u ...

Core Viewpoint - Arbe Robotics Ltd. is proposing an underwritten public offering of its ordinary shares and warrants, subject to market conditions, with Canaccord Genuity acting as the sole bookrunner [1] Group 1: Offering Details - The offering includes ordinary shares or pre-funded warrants, along with Tranche A and Tranche B Warrants to purchase ordinary shares [1] - The completion of the offering is uncertain, and there is no assurance regarding its size or terms [1] Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2] Group 3: Regulatory Information - The securities are being offered under a registration statement on Form F-3, originally filed on January 13, 2023, and declared effective on February 24, 2023 [3] - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC [3] Group 4: Company Overview - Arbe Robotics is a leader in Perception Radar solutions, enabling advanced driver-assist systems and paving the way for full autonomous driving [5] - The company's radar technology is noted to be 100 times more detailed than any other radar on the market, serving as a critical sensor for L2+ and higher autonomy [5] - Arbe is headquartered in Tel Aviv, Israel, with additional offices in China, Germany, and the United States [5]

Core Insights - Arbe Robotics and HiRain Technologies are developing an advanced driver-assistance system (ADAS) for a Chinese automaker, integrating camera and radar fusion while eliminating LiDAR, aiming for production by Q4 2025 [1][2][3] Group 1: ADAS Development - The new ADAS system will utilize Arbe's chipset, combining camera and radar technologies to maintain high quality and functionality without LiDAR [1][2] - HiRain Technologies is currently in a data collection phase, planning to cover 1 million kilometers with vehicles equipped with LRR610 Imaging Radars, enhancing sensor fusion and perception capabilities [2][3] Group 2: Technology and Performance - Arbe's chipset features 48 transmitting and 48 receiving channels, providing ultra-high resolution and dense point clouds for detailed imaging [2] - The imaging radar technology is claimed to be 100 times more detailed than existing radar solutions, positioning it as a critical sensor for higher levels of vehicle autonomy [4] Group 3: Company Backgrounds - Arbe Robotics is a leader in Perception Radar solutions, focusing on safe driver-assist systems and paving the way for full autonomous driving, with a global presence [4] - HiRain Technologies, established in 2003, specializes in electronic products and R&D services for intelligent driving, aiming to be a comprehensive technology service provider in the automotive sector [5]

Sensrad Values Its Agreement at an Estimated 7M Euros, with Deliveries Expected to Begin in the Third Quarter of 2024TEL AVIV, Israel, Sept. 4, 2024 /PRNewswire/ --  Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE) a global leader in Perception Radar Solutions, announced today that its tier-1, Sensrad, has signed a framework agreement to provide 4D Imaging Radars powered by Arbe's chipset to China-based Tianyi Transportation Technology, according to an announcement from Sensrad. Sensrad values the agreement a ...

Based on recent unemployment data, there are many concerns about whether the U.S. will enter a recession. However, labor markets present interesting news.News from the New York Federal Reserve report shows that unemployment has shot up sharply, but it’s not as bad as we think. The main reason is that it takes job searchers longer to find jobs. Layoffs have definitely increased in prevalence this year. While the number of unemployed Americans increased by 352,000 last month, 70% of them were temporary layoff ...

Arbe Robotics Ltd. (NASDAQ:ARBE) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Miri Segal-Scharia - Chief Executive Officer, MS-IR Kobi Marenko - Chief Executive Officer & Co-Founder Karine Pinto-Flomenboim - Chief Financial Officer Conference Call Participants Joshua Buchalter - TD Cowen Suji Desilva - ROTH Capital Matthew Galinko - Maxim Group Operator Good day, and welcome to the Arbe Robotics Second Quarter 2024 Financial Results Conference Call. All participants will b ...

Arbe Robotics Ltd. (ARBE) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.14, delivering a surprise of -100%.Over the last four quarters, the company has surpas ...

TEL AVIV, Israel, Aug. 6, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) (TASE: ARBE) ("Arbe"), a global leader in Perception Radar Solutions, today announced financial results for its second quarter, ended June 30, 2024.Key Q2 and Recent Company Highlights:Arbe's chipset was selected by one of the top ten OEMs worldwide for the development of its next-generation imaging radar aimed at serial production. The selection of Arbe's technology presents a significant commercial opportunity given its appli ...

Company Overview - Arbe Robotics Ltd. is a global leader in Perception Radar Solutions, focusing on enabling safe driver-assist systems and paving the way for full autonomous driving [3] - The company's radar technology is 100 times more detailed than any other radar currently available, making it a critical sensor for L2+ and higher autonomy [3] - Arbe is based in Tel Aviv, Israel, with additional offices in China, Germany, and the United States, serving automakers, Tier-1 suppliers, and various safety applications [3] Upcoming Events - Arbe management will participate in the J.P. Morgan 2024 Auto Conference on August 7, 2024, at 12:50 pm ET in New York City, featuring an in-person fireside chat and meetings [1] - The company will also attend the Jefferies Semiconductor, IT Hardware & Communications Technology Conference on August 27, 2024, in Chicago, IL, with in-person meetings scheduled [1] - The J.P. Morgan conference fireside chat will be available on Arbe's investor relations website after the event [1]

TEL AVIV, Israel, July 23, 2024 /PRNewswire/ -- Arbe Robotics Ltd. (NASDAQ: ARBE) (TASE: ARBE), a global leader in Perception Radar Solutions, today announced that it will hold its second quarter conference call on Tuesday, August 6 at 8:30 a.m. Eastern Time. The company will issue its financial results before the market opens that same day.Conference Call and Webcast DetailsSpeakers will include Kobi Marenko, Co-Founder and Chief Executive Officer and Karine Pinto-Flomenboim, Chief Financial Officer. The l ...