Arbe to Host Investor and Analyst Meetings at CES 2024
12 December 2023 - 12:00AM
TEL AVIV, Israel, Dec. 11, 2023 - Arbe Robotics Ltd. (Nasdaq:
ARBE) (“Arbe”), a global leader in Perception Radar Solutions,
today announced that it will participate in CES 2024 on Tuesday,
January 9th until Friday, January 12th, 2024 in Las Vegas, NV. The
company will host meetings with customers, analysts and investors
and offer test drives during the entire event.
At CES 2024, Arbe will demonstrate the only perception radar
that delivers flawless reliability for precise decision making,
which is required for hands free driving. Arbe will showcase three
aspects of its perception radar, including: perception in every
environmental condition, unmatched radar image quality, and
trustworthy data for sensor fusion. Arbe’s perception radar
supports more than 100,000 detections per frame with a point cloud
density that is unparalleled to any other radar solution on the
market. The perception radar chipset is comprised of 48 receiving
and 48 transmitting channels that result in ultra-high resolution
at a long-range in both azimuth and elevation.
This month, Arbe introduced its production Radar Processor, the
first dedicated automotive radar processor on a chip capable of
handling huge amounts of raw data generated by the company’s large
RF channel array that require high computational power equivalent
to 3 TBps, while maintaining low silicon power.
We invite you to meet with us and witness the radar revolution
at CES 2024. Analysts and investors interested in scheduling a
meeting with management should contact Miri Segal at
msegal@ms-ir.com. Meetings will be held at the Las Vegas Convention
Center, West Hall, Arbe’s Booth #6452.
For more information regarding the event, please visit Arbe’s
CES page here.
About Arbe
Arbe (Nasdaq: ARBE), a global leader in Perception Radar
Solutions, is spearheading a radar revolution, enabling truly safe
driver-assist systems today while paving the way to full
autonomous-driving. Arbe’s radar technology is 100 times more
detailed than any other radar on the market and is a critical
sensor for L2+ and higher autonomy. The company is empowering
automakers, tier-1 suppliers, autonomous ground vehicles,
commercial and industrial vehicles, and a wide array of safety
applications with advanced sensing and paradigm-changing
perception. Arbe is a leader in the fast-growing automotive radar
market that has an estimated projected total addressable market of
$11 billion in 2025. Arbe is based in Tel Aviv, Israel, and has
offices in China, Germany, and the United States.
Cautionary Note Regarding Forward-Looking
Statements
This press release and the presentations at the meetings
referred to in this press release may contain “forward-looking
statements” within the meaning of the Securities Act of 1933 and
the Securities Exchange Act of 1934, both as amended by the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements include, but are not limited to, statements about the
Company’s expectations regarding the closing of the offering and
timing thereof, and the expected gross proceeds of the offering.
These statements, and other statements including the words
“expect,” “believe,” “estimate,” “intend,” “plan,” “anticipate,”
“may,” “should,” “strategy,” “future,” “will,” “project,”
“potential” and similar expressions indicate 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, including the risk and uncertainties resulting
from the October 7th attack upon Israel, conflicts and potential
conflicts involving Israel, as well as market acceptance of Arbe’s
radar processor and Arbe’s radar processor performing in the manner
which Arbe anticipates, and other risks described in "Cautionary
Note Regarding Forward-Looking Statements," "Item 5. Operating and
Financial Review and Prospects" and "Item 3. Key Information –Risk
Factors" Amendment No. 2 to Arbe's Annual Report on Form 20-F/A for
the year ended December 31, 2022, which was filed with the
Securities and Exchange Commission on May 16, 2023, as well as
other documents filed by Arbe with the SEC. Accordingly, you are
cautioned not to place undue reliance on these forward-looking
statements. Forward-looking statements relate only to the date they
were made, and Arbe does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made except as required by law or applicable
regulation.
Information contained on, or that can be accessed through,
Arbe's website or any other website is expressly not incorporated
by reference into and is not a part of this press release.
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