Valens Semiconductor Ltd. (NYSE:VLN) Q4 2022 Earnings Call Transcript

Dror Heldenberg : Yeah, I assume that you refer to the to the project — zone project that we ran that we had with Stone Ridge. So thank you. And of course, and we’ve shared the same appreciation to this great product. I think that it’s a great innovation. And it’s going to have a significant role in saving lives in this industry. As Gideon mentioned in his prepared remark, we just recently completed the joint development of this rear view camera solution. The next phase is meaningful Stone Ridge to promote this solution to the customers that manage fleets. We know that they expanded their go to market strategy they engage with other companies. Just in the last week, there was another announcement of additional collaboration that Stone Ridge and that’s supposed to help them to promote distribution into the market.

And as previously projected, 2023 is the era of initial introduction of distribution into the market. And we completely confident that revenue ramp up from this great device is starting 2024.

Brian Dobson : Excellent, thank you very much.

Operator: There are no further questions at this time. Mr. Ben-Zvi, would you like to make your concluding statement?

Gideon Ben-Zvi : Yep. Thank you. I would like to thank you all for joining us today for our Q4 and full year 2022 call and for your continued support and interest in Valens Semiconductor. Have a great rest of the day.

Operator: Thank you. This concludes the Valens Semiconductor fourth quarter 2022 results conference call. Thank you for your participation. You may go ahead and disconnect.