Arbe Robotics Ltd. Ordinary Shares (ARBE)
Arbe Robotics Ltd. is an Israeli technology company specializing in the development of high-resolution, 4D imaging radar systems for autonomous vehicles and advanced driver-assistance systems (ADAS). The company's innovative radar technology aims to improve object detection, tracking, and perception in complex driving environments, enhancing safety and reliability for autonomous and semi-autonomous transportation solutions.
Company News
Arbe Robotics, a global leader in Perception Radar solutions, announced a $29 million underwritten registered direct offering of 8,984,375 ordinary shares at $3.20 per share. The company plans to use the net proceeds for working capital and general corporate purposes.
Arbe Robotics, a global leader in Perception Radar Solutions, has priced an underwritten offering of 8,984,375 ordinary shares at $3.20 per share, raising approximately $29 million. The company plans to use the net proceeds for working capital and general corporate purposes.
Industrial Tech Acquisitions (ARBE) delivered earnings and revenue surprises of -100% and 54.33%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ARBE, JOBY, and NPWR have the potential for significant growth and could become large caps. Click here to learn more about these small-cap companies.
Investors didn't like what they saw in its Q4 earnings report.