4D-radar Arbe IPO on Nasdaq
On October 14th, Arbe officially rung the Nasdaq bell for its IPO (ticker symbol: ARBE).
Last March, Arbe Roboticsn a Houston, Texas and Tel Aviv, Israel-based provided of next-gen 4D imaging radar solutions announced its upcoming listing on Nasdaq through a SPAC merger with Industrial Tech Acquisitions, Inc. The operation was completed in October 2021, leading to the official listing of Arbe.
Arbe’IPO marks the third deeptech IPO for 360 Capital portfolio companies in 2021, following the Sophia Genetics and Innoviz IPOs.
Founded in 2015 and led by CEO Kobi Marenko, Arbe provides an ultra-high resolution 4D Imaging Radar that separates, tracks, and identifies objects in 2K resolution in both azimuth and elevation, which can alert autopilot, emergency braking or steering features at the right moment. Its proprietary chipset has a large channel array count with 48 receiving and 48 transmitting RF channels, a dedicated processor chip, and AI-based post-processing.
Arbe will retain its experienced management team, with Kobi Marenko as CEO, Noam Arkind as CTO, Ram Machness as Chief Business Officer and Danny Klein as CFO.