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ARBE

Arbe Robotics Ltd.

https://www.arberobotics.com

Industry

Software - Infrastructure

Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in Israel and the United States. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, and eliminating false alarms without radar ambiguities. The company was founded in 2015 and is headquartered in Tel Aviv-Yafo, Israel.

Open

1.69

Mkt cap

143M

Volume

21K

High

1.73

P/E Ratio

-2.30

52-wk high

2.57

Low

1.67

Div yield

N/A

52-wk low

1.40

Arbe Robotics Ltd. announced that its partner, HiRain Technologies, is accelerating the development of an ADAS system for a Chinese automaker using Arbe's chipset. The system will integrate camera and radar fusion, offering LiDAR-level quality without using LiDAR, and is expected to enter production by Q4 2025.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:09 pm

Arbe Robotics' Tier-1 partner, Sensrad, has signed a framework agreement to supply 4D imaging radars, powered by Arbe's chipset, to Tianyi Transportation Technology in China. This partnership could enhance Arbe's market presence in China.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:09 am

Arbe Robotics Ltd. (ARBE) has announced its expected adjusted EBITDA for 2024, which is projected to be between ($30) million and ($36) million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:13 pm

Arbe Robotics (NASDAQ:ARBE) reported better-than-expected Q2 results with EPS of $(0.09) beating the $(0.17) estimate and sales of $409K surpassing the $300K estimate. This marks significant improvements over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:12 pm

Arbe Robotics Ltd. (ARBE) reported Q2 revenues of $0.4 million, an increase from $0.3 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:11 am

Arbe Robotics shares are trading higher after the company announced it was awarded an OEM contract for next-generation radar production.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:47 am

Arbe Robotics Ltd. (NASDAQ:ARBE) has secured a contract with a top ten OEM for the development of next-generation imaging radar, marking a significant commercial milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 10:05 am

Arbe Robotics, Ltd. (NASDAQ: ARBE) has begun dual listing on the Tel Aviv Stock Exchange (TASE) and successfully held a classified investor bid for its proposed convertible debt offering, which exceeded expectations by reaching 230% of the amount offered.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 12:12 pm

Arbe Robotics expects FY24 revenue to be in line with FY23, with growth anticipated in FY25. The company aims to achieve 4 design-ins with automakers and has strengthened its position in RFQ engagements. Adjusted EBITDA for 2024 is projected to be between ($30) million and ($36) million.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:29 am

Arbe Robotics (NASDAQ:ARBE) reported Q1 losses of $(0.14) per share, meeting analyst estimates, but missed sales expectations with $137.00K, a 58.48% shortfall from the $330.00K estimate. Sales also decreased by 61.41% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:05 am

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