Peak6 Adds $5M in Arbe Robotics Ltd. ($ARBE)
Key Points
- $ARBE last traded around $0.92.
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Peak6 acquired a new position in Arbe Robotics Ltd. ($ARBE), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,146,946 shares of Arbe Robotics Ltd.. Peak6's holdings in Arbe Robotics Ltd. were worth $4.72 million as of its most recent filing.
Arbe Robotics Ltd. Stock Up 40.0%
Shares of Arbe Robotics Ltd. ($ARBE) traded around $0.92 on Saturday, up 40.0% for the day.
Arbe Robotics Ltd. Earnings
Analysts Set New Price Targets
About Arbe Robotics Ltd.
Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions to suppliers of parts or systems, autonomous ground vehicles, and commercial and industrial vehicles in Sweden, the United States, China, Hong Kong, and Germany. It offers a radar chipset, including transmitter (Tx), receiver (Rx), and processor chips; and the Phoenix perception radar for free space mapping, object tracking, and simultaneous localization and mapping. The company also develops radar chipsets for integration into advanced driver assistance systems (ADAS) and autonomous vehicles (AV) sensor suites, as well as an array of safety applications with sensing and paradigm-changing perception. Further, it develops multi-channel radio frequency integrated circuit. The company was founded in 2015 and is headquartered in Tel Aviv-Yafo, Israel.
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