Arbe Robotics Ltd.

Company Overview

Business Model: Arbe Robotics Ltd. is a provider of 4D imaging radar solutions, aiming to enable safe driver-assist systems and pave the way for fully autonomous driving. The company operates as a Tier 2 supplier, providing proprietary chipsets and perception algorithms to Tier 1 suppliers and Original Equipment Manufacturers (OEMs) for integration into automotive and non-automotive applications, including autonomous ground vehicles, commercial and industrial vehicles, and various safety systems. Revenue to date has been primarily generated from sales of chipsets and prototype radar systems for evaluation and professional services.

Market Position: Arbe Robotics Ltd. positions itself as a leader in the radar technology sector, offering a 4D imaging radar solution with a 2,304-channel array, which it believes provides unparalleled resolution and performance, delivering an image 100 times more detailed than existing commercial radars. The company's chipset is designed to enhance OEM perception algorithms, supporting Level 2+ and higher autonomy applications. Arbe Robotics Ltd. has been selected for eight "imaging radar - based perception" projects, including two with top five global OEMs, and collaborates with four Tier 1 suppliers (Magna, Hirain Technologies, Weifu High-Technology Group Co., Ltd., and Sensrad) who are developing seven different radar products based on its chipset. The automotive radar market is projected to grow from $6.6 billion to $33 billion by 2030, with a CAGR of 31.1%.

Recent Strategic Developments: From late 2023 through 2024, Arbe Robotics Ltd. broadened its focus to secure contracts for commercial quantities of its products. The company plans to transition to production of its radar chip for commercial sale in 2026. Key developments include Hirain Technologies' announcement of sampling its imaging radars by the end of 2024 and plans for a 1 million km data collection phase, and Weifu High-Technology Group Co., Ltd. reaching a road pilot phase for Arbe's chipset-based radar systems. Sensrad, a spin-off from Qamcom Research & Technology AB, secured significant customer orders, including an estimated $7.3 million framework agreement with Tianyi Transportation Technology in China for vehicle-road-cloud integration technology. Arbe Robotics Ltd. also entered a strategic cooperation with DIDI Global’s KargoBot for developing L4 autonomous trucks. Financially, the company completed an underwritten public offering in November 2024, raising approximately $13.8 million net proceeds, and another public offering in January 2025, raising approximately $30.9 million net proceeds. Convertible bonds issued in June 2024 for NIS 110 million (approximately $30 million) saw conversions of NIS 78.5 million (approximately $22.4 million) in January 2025, with the release conditions for remaining escrowed funds extended to December 31, 2025.

Geographic Footprint: Arbe Robotics Ltd.'s principal executive office and primary research and development activities are located in Tel Aviv-Yafo, Israel. The company operates two wholly-owned subsidiaries: Arbe Robotics US Inc. in Delaware, United States, and Shanghai Arbe Technologies Co., Ltd. in the People’s Republic of China. International sales, to customers outside of Israel, have historically accounted for almost all of the company's revenue. In 2024, key revenue-generating regions included China (33.1%), Sweden (29.2%), USA (28.6%), Germany (2.6%), and Israel (6.5%). As of December 31, 2024, Arbe Robotics Ltd. had 135 employees and consultants in Israel, 2 in the United States, 2 in China, and 1 each in Thailand, Canada, and the United Kingdom, and 2 in Germany.

Cross-Border Operations: Arbe Robotics Ltd. manages its international business through its subsidiaries in the United States and China, and through strategic partnerships with Tier 1 suppliers and OEMs across various regions. These collaborations span product development, manufacturing, and market penetration in the United States, Europe, China, and Japan. The company's products must comply with diverse regulatory standards in these markets. Arbe Robotics Ltd. relies on GlobalFoundries Singapore Pte. Ltd. for the manufacturing of its semiconductor products. The company is subject to multi-jurisdictional compliance requirements, including U.S. export control and import laws, anti-corruption laws (e.g., FCPA), and data protection regulations (e.g., GDPR, CCPA, China data protection laws).

Financial Performance

Revenue Analysis

Profitability Metrics:

• Gross Margin: -102.2%
• Operating Margin: -6465.0%
• Net Margin: -6421.0%

Investment in Growth:

• R&D Expenditure: $35.1 million (4571.4% of revenue)
• Capital Expenditures: $0.6 million (for purchase of property and equipment)
• Strategic Investments: Arbe Robotics Ltd. continues to invest significantly in research and development, collaborate with Tier 1 suppliers, expand sales and marketing efforts, pursue new applications and markets, and enhance manufacturing processes and supply chain.

Currency Impact Analysis:

• Foreign exchange impact on revenue and earnings: Most revenue is generated in U.S. dollars, while expenses are primarily denominated in Israeli Shekel, U.S. dollar, and, to some extent, Euro. The company has not generated significant revenue to date, and foreign currency exchange rates have not had a material effect on its business.
• Hedging strategies and effectiveness: Not explicitly detailed in the filing.
• Functional currency considerations: The U.S. dollar is the functional and reporting currency for Arbe Robotics Ltd. and its subsidiaries.

Business Segment Analysis

Arbe Robotics Ltd. operates in one operating and reportable segment. Therefore, detailed segment-specific financial and operational metrics are not presented separately. The company's segment performance measure is net loss.

International Operations & Geographic Analysis

Revenue by Geography:

International Business Structure:

• Subsidiaries: Arbe Robotics US Inc. (Delaware, United States) and Shanghai Arbe Technologies Co., Ltd. (People’s Republic of China).
• Joint Ventures: Strategic cooperation with DIDI Global’s KargoBot for developing L4 autonomous trucks.
• Licensing Agreements: Not explicitly detailed as licensing agreements, but rather as collaborations where Arbe's chipset is integrated into partners' systems.

Cross-Border Trade:

• Export Markets: Primary export destinations include China, Sweden, USA, and Germany, where the company's Tier 1 partners and OEMs are located. Products exported are chipsets and prototype radar systems.
• Import Dependencies: Arbe Robotics Ltd. is dependent on GlobalFoundries Singapore Pte. Ltd. for the supply of semiconductor chips, which are integral to its products.
• Transfer Pricing: Not explicitly detailed in the filing.

Capital Allocation Strategy

Shareholder Returns:

• Share Repurchases: Not disclosed.
• Dividend Payments: Arbe Robotics Ltd. currently intends to retain all available funds and future earnings for business operations and does not anticipate paying any dividends in the foreseeable future.
• Dividend Yield: Not applicable.
• Future Capital Return Commitments: No specific commitments for future capital returns were disclosed.

Balance Sheet Position:

• Cash and Equivalents: $13.5 million (as of December 31, 2024)
• Total Debt: $30.6 million (convertible bonds, as of December 31, 2024)
• Net Cash Position: $(17.1) million (as of December 31, 2024)
• Credit Rating: Not disclosed.
• Debt Maturity Profile: Convertible bonds in the principal amount of NIS 110 million (approximately $30 million) mature on May 30, 2028.

Cash Flow Generation:

• Operating Cash Flow: $(32.5) million (used in 2024)
• Free Cash Flow: Not explicitly calculated, but negative given operating cash outflow and capital expenditures.
• Cash Conversion Metrics: Not explicitly detailed.

Currency Management:

• Cash holdings by major currencies: Cash and cash equivalents are maintained at third-party financial institutions in the United States and Israel.
• Natural hedging through operational diversification: Not explicitly detailed.
• Financial hedging instruments and strategies: Not explicitly detailed, but "exchange rates revaluations" are mentioned as part of financial income/expenses.

Operational Excellence

Production & Service Model: Arbe Robotics Ltd. operates a fabless model, relying on third parties for the manufacturing of its semiconductor products. The company's operational philosophy is centered on developing advanced 4D imaging radar technology and solutions, including multi-channel Radio Frequency Integrated Circuits (RF IC) for transmission and reception, and a dedicated radar processing IC. It also provides professional services related to its chipset and prototype radar systems.

Global Supply Chain Architecture: Key Suppliers & Partners:

• Semiconductor Manufacturer: GlobalFoundries Singapore Pte. Ltd. - serves as the sole supplier for the manufacturing of Arbe's semiconductor products. The agreement, with an initial term of five years from June 2022, covers pre-production, quality assurance, assembly, testing, and supply-chain management.
• Manufacturing Partners: Tier 1 automotive suppliers (Magna, Hirain Technologies, Weifu High-Technology Group Co., Ltd., Sensrad) integrate Arbe's chipsets into their radar systems for sale to OEMs.
• Technology Partners: NVIDIA - Arbe's radar solution is available on the NVIDIA platform, an AI platform for the transportation industry.

Facility Network:

• Manufacturing: Arbe Robotics Ltd. does not own any manufacturing facilities, relying entirely on its third-party manufacturer, GlobalFoundries Singapore Pte. Ltd.
• Research & Development: R&D activities are primarily conducted at the company's offices in Tel Aviv-Yafo, Israel.
• Distribution: Distribution to OEMs is primarily managed through its Tier 1 partners.

Operational Metrics: GlobalFoundries Singapore Pte. Ltd. has advised Arbe Robotics Ltd. that it will have the necessary production capacity to meet anticipated commitments for 2025 and 2026. Specific capacity utilization or efficiency measures were not disclosed.

Market Access & Customer Relationships

Go-to-Market Strategy: Distribution Channels:

• Direct Sales: Arbe Robotics Ltd.'s sales and marketing team actively engages with OEMs and radar-focused Tier 1 suppliers to expand relationships.
• Channel Partners: The primary strategy involves cooperation with Tier 1 automotive manufacturers (Magna, Hirain Technologies, Weifu High-Technology Group Co., Ltd., Sensrad) who integrate Arbe's radar chipsets into their radar systems for sale to OEMs. Sensrad also targets non-automotive markets.
• Digital Platforms: Arbe's radar solution is available on the NVIDIA platform, a scalable, software-defined, end-to-end AI platform for the transportation industry.

Customer Portfolio: Enterprise Customers:

• Tier 1 Clients: Magna, Hirain Technologies (China), Weifu High-Technology Group Co., Ltd. (China), and Sensrad (Sweden).
• Strategic Partnerships: Arbe Robotics Ltd. has a strategic cooperation with DIDI Global’s KargoBot for developing L4 autonomous trucks.
• Customer Concentration: In 2024, four customers accounted for 19.5%, 18.4%, 16.9%, and 14.5% of total revenues, respectively. In 2023, three customers accounted for 38.9%, 18.1%, and 12.7% of total revenues. The top customers varied each year.

Regional Market Penetration:

• China: Strong presence through partnerships with Hirain Technologies and Weifu High-Technology Group Co., Ltd., with projects for autonomous trucks and AGVs.
• Europe: Engagements with European OEMs and collaboration with a leading European truck manufacturer.
• United States: Evaluation processes with US OEMs.
• Japan: A large Japanese automotive client is conducting a data collection initiative with Arbe's radar solution.
• Growth Markets: Arbe Robotics Ltd. is actively pursuing market opportunities beyond the automotive industry, including autonomous delivery vehicles, robotaxis, delivery robots, autonomous trucks, agriculture, infrastructure, and traffic systems, primarily through its partnership with Sensrad.

Competitive Intelligence

Global Market Structure & Dynamics

Industry Characteristics: The market for sensing technology applicable to autonomous solutions is an emerging and highly competitive sector, characterized by rapid technological change. Significant investment and growth are driven by the increasing need for road safety and the development of autonomous driving features. Market projections indicate substantial growth in automotive AI software (estimated $200 billion by 2032) and the sensor fusion market (expected to expand from $3.9 million in 2023 to $4 billion by 2034). The automotive radar market is forecast to grow from $6.6 billion to $33 billion by 2030, with a CAGR of 31.1%, driven by increased adoption of side radars and sophisticated radar systems for higher levels of autonomy. Regulatory changes, such as NHTSA's mandate for automatic emergency braking (AEB) by September 2029 and Euro NCAP/CNCAP safety ratings, are also key drivers.

Competitive Positioning Matrix:

Direct Competitors

Primary Competitors:

• Mobileye: Previously announced a 2,304 virtual channel radar, later updated to 1,536 virtual channels (32x48). Arbe Robotics Ltd. believes its own excess channel count provides higher angular native resolution and lower native false alarms. Mobileye's production may lag Arbe's by approximately two years, and Mobileye is also expected to compete with Arbe's Tier 1 customers.
• Texas Instruments / NXP: Offer lower-resolution radar chips (e.g., 4Rx * 4Tx, scaling up to 16Rx * 16Tx) without dedicated processors for current generation radars.
• Ambarella (Oculii): Offers a software solution implemented on traditional 4Rx * 3Tx radar chips to improve resolution and field of view. Arbe Robotics Ltd. believes this approach is not applicable for autonomy levels beyond Level 2.
• Continental ARS 540: This system uses cascaded Texas Instruments chips (16*12 array) and a Xilinx FPGA board, rather than a dedicated radar processor. FPGA-based solutions are noted as expensive, high in power consumption, prone to heat dissipation issues, and supporting fewer frames per second and lower detection rates, potentially leading to ambiguity issues and increased false alarms.

Regional Competitive Dynamics: The market for autonomous sensing solutions is emerging, with competition from a wide range of companies, from large corporations to startups. Competitors offer both radar-based and LiDAR-based technologies. Increased competition is expected to result in pricing pressure and reduced margins.

Risk Assessment Framework

Strategic & Market Risks

Global Market Dynamics:

• Market Adoption: Risk that market adoption of Arbe's products, particularly in non-automotive sectors, may not develop or may develop slower than anticipated.
• Automotive Industry Delays: Delays by automobile manufacturers in introducing Level 2+ and higher ADAS capabilities, influenced by broader economic shifts, could adversely affect revenue generation and cash flow.
• International Conflicts: Ongoing hostilities in Israel (Iron Swords War) and other regional conflicts (e.g., Russian invasion of Ukraine) pose risks of political and economic instability, work stoppages, decreased demand, and potential boycotts, directly impacting business operations.
• Trade Restrictions: Imposition of tariffs, counter-tariffs, and export restrictions on advanced chips (e.g., AI chips by the U.S.) could increase component costs, cause supply chain delays, and reduce demand for ADAS vehicles.
• Customer Concentration: Dependence on Tier 1 suppliers to successfully market and integrate Arbe's chipsets into their systems for OEMs, creating a risk if these partners are unsuccessful or if OEMs choose alternative technologies.

Technology Disruption:

• Rapid Technological Change: The industry is characterized by rapid technological advancements, requiring continuous investment in R&D. Failure to maintain technological leadership could impair profitability.
• Artificial Intelligence Risks: Software in Arbe's chipsets and interfacing software from partners utilize AI, which is subject to evolving regulatory landscapes, potential security breaches, and risks of unintended functionality leading to accidents, liability, and reputational damage.
• Product Defects: The complexity of Arbe's products carries a risk of undetected defects, errors, or bugs in hardware or software, potentially leading to reduced market adoption, reputational harm, product liability claims, and increased operational costs.

Operational & Execution Risks

Global Supply Chain Vulnerabilities:

• Supplier Dependency: Sole reliance on GlobalFoundries Singapore Pte. Ltd. for semiconductor manufacturing creates vulnerability to supply shortages, long lead times, or discontinuation of components. Any disruption could delay deliveries and necessitate costly product redesigns.
• Regional Disruptions: Natural disasters, global pandemics, man-made problems (e.g., network security breaches, computer viruses), and international conflicts could disrupt manufacturing operations, supply chains, and overall business.
• Manufacturing Difficulties: As Arbe Robotics Ltd. does not own manufacturing facilities, it relies on third parties to develop efficient, cost-effective, and high-volume production capabilities. Failure to achieve this could lead to delays and cost overruns.
• Talent Retention: Intense competition for highly skilled personnel, particularly in Israel, may lead to higher compensation costs and challenges in attracting and retaining qualified employees, potentially disrupting operations and growth prospects.

Financial & Regulatory Risks

Currency & Financial Risks:

• Foreign Exchange: Exposure to fluctuations in foreign currency exchange rates, particularly between the U.S. dollar, Israeli Shekel, and Euro, could impact financial results.
• Liquidity & Capital Needs: Continued significant R&D expenditure and limited revenue generation necessitate potential future capital raises, with no assurance of availability on acceptable terms.
• Convertible Bonds: The outstanding convertible bonds include covenants that could restrict Arbe's ability to incur additional debt. Failure to meet release conditions for escrowed funds by December 31, 2025, would require early redemption, utilizing escrowed funds and potentially additional company funds.
• Warrant Liabilities: Warrants accounted for as liabilities are subject to fair value remeasurement, which can introduce non-cash gains or losses that cause quarterly financial fluctuations unrelated to core operations.

Regulatory & Compliance Risks:

• Multi-Jurisdictional Compliance: Operations are subject to a complex and evolving patchwork of laws and regulations across the U.S., EU, China, Japan, and Israel, covering manufacturing, product use, data privacy, cybersecurity, and anti-corruption. Non-compliance could lead to enforcement actions, sanctions, and increased costs.
• Autonomous Driving Regulations: The evolving regulatory frameworks for autonomous vehicles at local, state, federal, and international levels could impose limitations on product use or require costly redesigns.
• Israeli Tax Benefits: Eligibility for Israeli tax benefits (e.g., "Preferred Technology Enterprise") is conditional and may be terminated or reduced, potentially increasing tax liabilities.
• IIA Grant Obligations: Grants from the Israel Innovation Authority (IIA) impose restrictions on transferring manufacturing or know-how outside Israel, potentially requiring royalty payments or other considerations.

Geopolitical & External Risks

Country-Specific Risks:

• Political Instability (Israel): The ongoing conflict in Israel and regional tensions create significant political and economic instability, potentially affecting operations, employee availability (military call-ups), and investor sentiment.
• Economic Downturns: Adverse conditions in the global economy or the automotive industry could reduce demand for new vehicles and ADAS features, impacting Arbe's revenue.
• Regulatory Changes: Government policies, such as those encouraging specific vehicle types (e.g., gas-driven vs. electric), could influence the market for ADAS features and delay their introduction.

Innovation & Technology Leadership

Research & Development Focus: Global R&D Network: Arbe Robotics Ltd.'s research and development activities are primarily conducted in Israel, specifically at its headquarters in Tel Aviv-Yafo. Innovation Pipeline: The company's R&D efforts are concentrated on enhancing and developing its 4D imaging radar chipset solution and the accompanying software. This includes the development of next-generation radar systems. Funding: R&D efforts have been partially financed through royalty-bearing and non-royalty bearing grants from the Israel Innovation Authority (IIA) and the European Community, totaling approximately $4.0 million through December 31, 2024.

Intellectual Property Portfolio:

• Patent Strategy: Arbe Robotics Ltd. employs a comprehensive IP strategy, utilizing patents, trade secret protection, confidentiality agreements, and contractual restrictions. It has filed patent applications for 18 unique patent families across key automotive markets and development centers, including Israel, the United States, Europe, Japan, and China.
• Patent Holdings: The company has been granted 22 patents covering 13 distinct inventions in the United States, Israel, and China. These patents cover critical areas such as radar signal processing, radar Tx/Rx integrated circuit design, radar coexistence and mutual interface mitigation techniques, package design, antenna design, post-processing methods and algorithms, system design, real-time simultaneous localization and mapping (SLAM), MIMO radar array antenna, and methods for separating targets and clutter from noise.
• Licensing Programs: While not explicitly detailed as revenue-generating licensing programs, Arbe's technology is integrated into its partners' products.
• IP Litigation: The company acknowledges that litigation may be necessary to enforce or defend its intellectual property rights against unauthorized use or infringement.

Technology Partnerships:

• Strategic Alliances: Arbe Robotics Ltd. has strategic alliances with Tier 1 suppliers such as Magna, Hirain Technologies, Weifu High-Technology Group Co., Ltd., and Sensrad, collaborating on the development and integration of its radar chipsets into their radar systems.
• Research Collaborations: Not explicitly detailed beyond the IIA grants.
• Platform Integration: Arbe's radar solution is integrated and available on the NVIDIA platform, a significant AI platform for the transportation industry.

Leadership & Governance

Executive Leadership Team

International Management Structure: Arbe Robotics Ltd. maintains a global management structure with its Chief Marketing Officer based in Israel, and its Chief Business Officer operating in the United States. Other key management roles, such as Vice President Operations and Vice President IC, are based in Israel. The company's workforce is distributed across Israel, the United States, China, Thailand, Canada, the United Kingdom, and Germany.

Board Composition: The board of directors consists of a majority of independent directors, as defined by Nasdaq rules, including all non-executive directors (Yair Shamir, Ehud Levy, E. Scott Crist, Boaz Schwartz, Thilo Koslowski, Alexander Hitzinger, and Yonina Eldar). The board is classified into three classes, with one class elected annually for a three-year term. The Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee are composed of independent directors. The Audit Committee includes Dr. Boaz Schwartz as an "audit committee financial expert." The board satisfies Israeli law's diversity requirement with a female member, Prof. Yonina Eldar.

Regulatory Environment & Compliance

Multi-Jurisdictional Regulatory Framework: Primary Regulatory Environments:

• Israel: Subject to the Israeli Companies Law, Israeli Securities Law, Israeli Patent Law, Israeli Privacy Protection Law, and Israeli Income Tax Ordinance. The company benefits from the Law for the Encouragement of Capital Investments and the Law for the Encouragement of Industry (Taxes).
• United States: Subject to SEC reporting requirements, Nasdaq listing standards, U.S. Department of Transportation, and NHTSA regulations (e.g., automatic emergency braking mandate by September 2029). State-level regulations on self-driving vehicles also apply. The company is subject to U.S. export control and import laws, the Foreign Corrupt Practices Act (FCPA), and the Dodd-Frank Act regarding conflict minerals.
• European Union: Subject to the General Data Protection Regulation (GDPR) and vehicle safety regulations for self-driving systems. The EU is also developing a common European mobility data space.
• China: Subject to anti-bribery laws and data protection laws. The Chinese government actively promotes autonomous vehicle development through strategic initiatives.
• Japan: Requires rigorous certification for automotive and telecommunications technologies; Arbe Robotics Ltd. obtained Japanese Telecommunication and Radio certification in February 2022.

Cross-Border Compliance:

• Export Controls: Arbe Robotics Ltd. is subject to U.S. Export Administration Regulations and other export control laws, which may include restrictions on advanced chip technology.
• Sanctions Compliance: The company is subject to economic and trade sanctions regulations administered by the U.S. Treasury Department’s Office of Foreign Assets Control.
• Anti-Corruption: Compliance with the FCPA, UK Bribery Act 2010, and local anti-bribery laws in China is maintained through internal safeguards.
• Data Privacy: The company is subject to evolving privacy and data protection regimes, including GDPR, California Consumer Privacy Act (CCPA), and Chinese data protection laws, requiring ongoing assessment and enhancement of compliance measures.
• Cybersecurity: Arbe Robotics Ltd. implements industry best practices, holds ISO 27001:2013 certification, and engages professional service providers for cybersecurity management. A non-material cybersecurity incident occurred in 2023, leading to additional protective measures.

International Tax Strategy:

• Transfer Pricing: Not explicitly detailed in the filing.
• Tax Treaties: The company's non-Israeli resident shareholders may benefit from reduced withholding taxes on dividends and capital gains under applicable tax treaties, such as the United States Israel Tax Treaty.
• BEPS Compliance: Not explicitly detailed in the filing.
• Israeli Tax Benefits: Arbe Robotics Ltd. may be eligible for tax benefits as a "Preferred Technology Enterprise" under the Israeli Investment Law, potentially resulting in reduced corporate tax rates on qualifying income. Dividends distributed from such income are subject to a 20% tax rate or lower rates under tax treaties (e.g., 4% for foreign companies holding 90% or more).

Environmental & Social Impact

Global Sustainability Strategy: Environmental Commitments: Arbe Robotics Ltd.'s core mission to enhance road safety through autonomous driving technology aligns with broader environmental goals by potentially reducing fuel consumption and air pollution. Specific global emissions targets, carbon neutrality commitments, or renewable energy adoption across operations were not explicitly detailed.

Regional Sustainability Initiatives:

• Supply Chain: Arbe Robotics Ltd. adheres to leading Environmental, Social, and Governance (ESG) principles in its supply chain, requiring suppliers to comply with national and international laws and the Responsible Business Alliance (RBA) Code of Conduct. The company partners with GlobalFoundries Singapore Pte. Ltd., which received a 'Prime' rating for its corporate ESG performance from ISS in October 2024.

Social Impact by Region:

• Community Investment: The company encourages its employees to participate in volunteering initiatives within the local community.
• Labor Standards: Arbe Robotics Ltd. promotes diversity and equality through equal pay practices and affirmative action in recruiting and advancing qualified women.
• Product Impact: The fundamental social impact of Arbe's technology is to save lives and enhance safety on the road by preventing injuries and fatalities through advanced driver-assist systems.

Currency Management & Financial Strategy

Multi-Currency Operations: Currency Exposure:

Hedging Strategies:

• Transaction Hedging: Not explicitly detailed in the filing.
• Translation Hedging: Not explicitly detailed in the filing.
• Economic Hedging: Not explicitly detailed in the filing.
• General: Arbe Robotics Ltd.'s financial income/expenses include the impact of exchange rate revaluations, indicating exposure to currency fluctuations. The company does not explicitly detail specific financial hedging instruments or strategies.