Financial PositionStrong belief that Arbe Robotics is sufficiently capitalized into 2027, supported by $26.5M in cash and equivalents and $30M of convertible debt issued in 2Q24.
Product DevelopmentArbe Robotics is making underlying operational and technological progress with its chipset, completing its pre-production phase and entering the final stages towards production ramp to support mass production at its Tier-1 partners in China.
Strategic PartnershipsArbe Robotics announced it was selected by a top-10 automotive OEM for next-generation radar systems, demonstrating a significant endorsement of its technology.