Mobileye Global

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Beep Closes Mobileye-Led Series B, Bringing Total Capital Raised to About $130 Million - $Mobileye Global(MBLY.US) $Intel(INTC.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗕𝗲𝗲𝗽 closes Series B funding led by autonomous-driving leader 𝗠𝗼𝗯𝗶𝗹𝗲𝘆𝗲.

➤ Funding brings Beep's total capital raised to approximately $𝟭𝟯𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻.

➤ Existing investors also participated in the latest financing round.

➤ Capital will accelerate commercial deployment of 𝗮𝘂𝘁𝗼𝗻𝗼𝗺𝗼𝘂𝘀 𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆 networks.

➤ Beep plans to expand its 𝗺𝗼𝗯𝗶𝗹𝗶𝘁𝘆-𝗮𝘀-𝗮-𝘀𝗲𝗿𝘃𝗶𝗰𝗲 offerings.

➤ Investment will support continued deployment of Beep's 𝗔𝗜-𝗱𝗿𝗶𝘃𝗲𝗻 𝗔𝘂𝘁𝗼𝗻𝗼𝗺𝗢𝗦 platform.

➤ AutonomOS manages and orchestrates 𝗣𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗔𝗜 transportation networks.

➤ Companies target fixed-route and 𝗼𝗻-𝗱𝗲𝗺𝗮𝗻𝗱 𝗺𝗶𝗰𝗿𝗼𝘁𝗿𝗮𝗻𝘀𝗶𝘁 services at commercial scale.

➤ Beep will deepen collaboration with technology and 𝗽𝘂𝗯𝗹𝗶𝗰-𝘀𝗲𝗰𝘁𝗼𝗿 partners.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Mobileye's investment strengthens Beep's ability to scale 𝗨.𝗦. autonomous transportation.

➤ Funding could accelerate commercialization of 𝗣𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗔𝗜 mobility networks.

➤ Partnership combines Mobileye's AV technology with Beep's deployment expertise.

➤ Expansion could broaden autonomous transit across multiple service and vehicle models.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗞𝗼𝗯𝗶 𝗢𝗵𝗮𝘆𝗼𝗻, Chief Operations Officer at Mobileye:

"Mobileye and Beep have been working closely on AV deployment projects, and our excitement for the future of improving transportation through applied physical AI on the road has never been greater. Beep plays an essential role in the emerging AV ecosystem across the United States, and its deployment platform will become increasingly important as more AV services come to market across vehicle types and business models."

𝗞𝗲𝘃𝗶𝗻 𝗥𝗲𝗶𝗱, CEO and Chairman of Beep:

"This strategic investment round, led by Mobileye and supported by our longstanding investor partners, positions Beep to deliver fully on its vision. The investment enables us to strengthen and expand our shared autonomous mobility solutions, helping communities move people in ways that are safer, smarter, and more connected."

$Mobileye Global(MBLY.US) | Canaccord maintains 𝐁𝐮𝐲 on 𝐌𝐨𝐛𝐢𝐥𝐞𝐲𝐞, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟏𝟐 𝐟𝐫𝐨𝐦 $𝟏𝟕

Analyst sees a tougher but viable path for Mobileye, with upcoming VW deployments and robotaxi fleets being crucial tests amid rising competition.

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Mobileye Global(MBLY.US) Mobileye to Bring Cloud-Enhanced ADAS to Select Stellantis Vehicles in 2027

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗦𝘁𝗲𝗹𝗹𝗮𝗻𝘁𝗶𝘀 will integrate 𝗠𝗼𝗯𝗶𝗹𝗲𝘆𝗲 𝗥𝗘𝗠 technology in select 𝟮𝟬𝟮𝟳 vehicles.

➤ Integration will enhance 𝗵𝗮𝗻𝗱𝘀-𝗳𝗿𝗲𝗲 driving through crowdsourced intelligence.

➤ First applications are planned for select 𝗨.𝗦. models in 𝟮𝟬𝟮𝟳.

➤ REM covers more than 𝟵𝟱% of public roads in the 𝗨.𝗦. and 𝗘𝘂𝗿𝗼𝗽𝗲.

➤ 𝗙𝗶𝘃𝗲 of the world's 𝟭𝟬 largest automakers contribute data to REM.

➤ REM collected data from over 𝟴 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 vehicles covering 𝟯𝟰 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 miles last year.

➤ Technology supports intelligent lane keeping and 𝗵𝗮𝗻𝗱𝘀-𝗳𝗿𝗲𝗲, 𝗲𝘆𝗲𝘀-𝗼𝗻 driving.

➤ REM continuously updates road intelligence using anonymized vehicle data.

➤ Mobileye's 𝗘𝘆𝗲𝗤𝟲𝗟 powers the cloud-enhanced ADAS platform.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗡𝗶𝗺𝗿𝗼𝗱 𝗡𝗲𝗵𝘂𝘀𝗵𝘁𝗮𝗻, Executive Vice President of Business Development and Strategy at Mobileye:

“We’re proud to expand our work with Stellantis, bringing a new level of intelligence to the vehicle itself through REM and the EyeQ6L. Cloud-enhanced ADAS plays a core role in our lineup of advanced technologies, from Surround ADAS through fully autonomous vehicles, that enables safety and convenience features in a vertically integrated package at a cost-efficient scale.”

Morgan Stanley: AI Infrastructure Meets Humanoids

> Could have $305B semiconductor sales by 2045 related to humanoids, about 24% cost of components coming from semis by that time frame. Up from 5% by today.

> Potentially 1B units/year by 2045.

> Humanoids within semi ecosystem will be 15% of spend as early as 2040.

> Infineon & STMicroelectronics top picks from Europe. Both supplying microcontrollers.

> STMicro: AI vision. Time of flight sensors and experience with Mobileye for vision pro sensors.

> Infineon: inverters, on board charger, battery management system.

> The bill of materials for each of these companies is $500 for Infineon, over $700 when including the power semis. STMicro $300-$600, whether you have a consumer or high end industrial robot.

AI Infrastructure

> Going towards 800VDC, GaN and SiC will be ~35% of bill of materials for server racks.

> The best name based on power efficiency, delivery, roadmap, scale is Infineon.

> Infineon has a great array of products an manufacturing advantage such as 300 mil and thin wafer handling.

> Two things about servers comes down to as you enter the server and as you enter the GPU. Infineon has growth in both areas with GaN and vertical power delivery.

> Infineon is a strong player in 400V and 480V, the Oberon structure as it is called for Nvidia. They do well with TPUs, Trainium, and other ASICs. It is about $1.5B of sales (~10%). Expected to grow to $2.5B and then $3-4B in FY28.

$STMicroelectronics NV(STM.US) $Infineon Technologies(IFNNY.US)

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Mobileye to Launch Autonomous Ride-Hailing Business in U.S. by 2027 - $Mobileye Global(MBLY.US) $Intel(INTC.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐌𝐨𝐛𝐢𝐥𝐞𝐲𝐞 plans to directly own and operate an 𝐚𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 ride-hailing service.

➤ Initial launch targeted in a major 𝐔.𝐒. 𝐦𝐞𝐭𝐫𝐨𝐩𝐨𝐥𝐢𝐭𝐚𝐧 market in 𝟐𝟎𝟐𝟕.

➤ Service will begin with approximately 𝐨𝐧𝐞 𝐡𝐮𝐧𝐝𝐫𝐞𝐝 fully driverless vehicles.

➤ Fleet expected to expand to approximately 𝐬𝐞𝐯𝐞𝐧𝐭𝐞𝐞𝐧 𝐭𝐡𝐨𝐮𝐬𝐚𝐧𝐝 vehicles within five years.

➤ Business combines 𝐌𝐨𝐛𝐢𝐥𝐞𝐲𝐞 𝐃𝐫𝐢𝐯𝐞 with Moovit’s mobility and fleet platforms.

➤ 𝐌𝐨𝐨𝐯𝐢𝐭 currently serves 𝐨𝐯𝐞𝐫 𝟏.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 users across 𝟑,𝟓𝟎𝟎+ cities.

➤ Mobileye says direct operations will 𝐜𝐨𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭 existing autonomous technology partnerships.

➤ Company aims to accelerate 𝐚𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐦𝐨𝐛𝐢𝐥𝐢𝐭𝐲 adoption through operational experience.

➤ Mobileye will partner with 𝐯𝐞𝐡𝐢𝐜𝐥𝐞, fleet, and technology providers.

➤ 𝐈𝐧𝐭𝐞𝐥 remains Mobileye’s majority owner following its 𝟐𝟎𝟐𝟐 public listing

☀️ Pre-Market Earnings Recap:

$Union Pacific(UNP.US) $Nextera Energy(NEE.US) $Mobileye Global(MBLY.US) $American Airlines(AAL.US) $American Express(AXP.US) $Nasdaq(NDAQ.US) $Pool(POOL.US) $Comcast(CMCSA.US) $Blackstone(BX.US) $Roper Tech(ROP.US) $Lockheed Martin(LMT.US) $Thermo Fisher Scentific(TMO.US) $Honeywell Tech(HON.US) $STMicroelectronics NV(STM.US)

Source: Hardik Shah