Exhibit 99.1 Innoviz Reports First-Quarter 2024 Results, Exceeds Revenue Guidance for Second Consecutive Quarter and Expands Key Partner and Customer Relationships Q1 2024 revenues of $7.1 million exceed previous guidance range of $5 -$6 million; reiterates full year 2024 operational targets TEL AVIV, Israel – May 8, 2024 – Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today ...