INVZ- LiDAR space. --two large design wins with Volkswagen and BMW, --current order book of $6.6 billion, along with 12 other RFIs and RFQs in the pipeline. --Innoviz will be the direct supplier of LiDAR sensors to brands in the large Volkswagen Group and Innoviz's perception software will also be integrated into CARIAD. As the second largest car manufacturer with brands like Audi and Porsche, the Volkswagen Group sells more than10 million cars each year. --This huge win increases the order book by a magnitude of $4 billion, bringing the total order book to $6.6 billion. --The company currently has 12 automotive RFIs and RFQs. These are for passenger vehicle programs and are all at varying stages. --As a result of the Volkswagen design win, the company currently has a market share of approx 15%. The company has sufficient cash position with $246 million in cash as of the second quarter of 2022.--> The business model of Innoviz is not capital intensive and capital expenditures are paid for by the customers <-----------
Oh Stoney... you didn't even know what LIDAR was until the savant explained it to you when I found LAZR.
STONEY LONG SHOT- EZ FILL.... .60 cents> I caught a good one this morning. The concept you are working your generator and need fuel!!! wait on a long disaster line or simply call EZ fill.... Florida Drivers Can Now Skip the Pump With EzFill App That Fills Your Tank Wherever You Are September 13, 2022 EZFL +4.83% Aventura, FL --News Direct-- EzFill Holdings Inc. That capital may help it scale as the Orange Dawn ad campaign and continued growth among commercial customers bring in a wave of new on-demand fuel users. To meet the anticipated growth in demand, the company has increased its fleet to more than 30 delivery vehicles with plans to have up to 50 by the end of the year. EzFill Holdings Inc.(NASDAQ: EZFL) is a player in the reportedly growing and emerging on-demand mobile fuel industry — the Florida-based gas delivery app began delivering fuel directly to customers at the start of 2022 and has doubled its revenue in the past year. Since its initial public offering last September brought in over$28 million, EzFill has reported focusing on rapidly expanding its fleet of delivery vehicles and making plans to expand into new territories. As part of that expansion effort, the company launched Orange Dawn, a new marketing campaign that will target individual consumers for a service that’s primarily used by commercial customers right now. The EzFill App Brings On-Demand Convenience To Fuel Industry As on-demand services likeDoorDash Inc.(NYSE: DASH) for meals andUber Technologies Inc.(NYSE: UBER) for rides and Instacart for groceries signal a rapid shift toward direct-to-consumer products and services as the new standard,EzFillis bringing that model to the fuel industry. Similar fuel delivery models have popped up across the country like Booster Fuels and Yoshi, but fuel variety is what EzFill says is one of its strengths, giving the Florida-based company an edge when it comes to heavy machinery, boats, construction sites, and other market segments. More than just a way to fill the gas tank on their cars, EzFill app users can order fuel for their generators, boats, and machinery, saving them the hassle of hauling gasoline from the pump and the dangers of storing gas cans at home. As simple as ordering a Papa John's (NASDAQ: PZZA) pizza for dinner. Drivers can schedule routine refills based on how often they typically run through a tank or schedule an on-demand refill through the app as needed for wherever they happen to be at the time. The EzFill team will fill their tank where it’s parked so customers can keep working — or relaxing — without worrying about stopping at a gas station. This model has attracted dozens of commercial customers in the company’s first year of deliveries, bringing an expected demand for 1.2 million gallons per year from new customers signed since the beginning of 2022. In its second quarter alone, EzFill delivered nearly 790,000 gallons across southeast Florida, representing a 34% increase over the first quarter. EzFill reported no long-term debt as of June this year and a strong cash position, thanks to its successful IPO. EzFill is a leader in the fast-growing mobile fuel industry, with the largest market share in its home state of Florida. Its mission is to disrupt the gas station fueling model by providing consumers and businesses with the convenience, safety, and touch-free benefits of on-demand fueling services brought directly to their locations. For commercial and specialty customers, at-site delivery during downtimes enables operators to begin their daily operations with fully fueled vehicles.
Upgrade of The day - JFrog reinstated with an Overweight at JPMorgan 07:41 FROG JPMorgan analyst Pinjalim Bora reinstated coverage of JFrog with an Overweight rating and $29 price target. The analyst has a "strong fundamental positive bias" toward JFrog saying it is capitalizing on its leadership position in artifacts management and will broaden its portfolio across other areas in the DevSecOps lifecycle. JFrog offers a "very attractive" financial model, delivering over 30% revenue growth and positive free cash flow margins, Bora tells investors in a research note.