The company said, “Arbe‘s leading radar technology remains a top priority for key decision-makers in the automotive industry. Recent cash infusions totaling nearly $70 million further underscore investor confidence in Arbe’s market potential and growth trajectory. While broader economic shifts have led to short-term delays in automakers’ roll-out of advanced driver assistance systems, decision timelines have been extended. As a result, Arbe continues to engage closely with industry leaders, advancing through RFQ stages and reinforced its position for adoption. We continue with our goal to pursue four design-ins with automakers in 2025. 2025 annual revenues are expected to be in the range of $2M-$5M and will be weighted towards the end of the year. We significantly strengthen our balance sheet, and adjusted EBITDA for 2025 is projected to be in the range of (29M)-(35M).”
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