# Arbe Robotics to go public via merger with Industrial Tech Acquisitions

Arbe Robotics, a provider of 4D imaging radar solutions, will merge with SPAC Industrial Tech Acquisitions to list on Nasdaq. The deal includes up to $177 million in gross proceeds, including a $100 million PIPE.

- Type: Acquisition
- Announced: 2021-03-18
- Where: United States
- Value: $177.0M
- Status: announced
- Products: 4D imaging radar, driver-assist systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Arbe Robotics Ltd.](https://endata.com/companies/53909.md) (target)
- [Industrial Tech Acquisitions, Inc.](https://endata.com/companies/53910.md) (acquirer)

## Sources

- [ir.arberobotics.com](https://ir.arberobotics.com/news/press-releases/detail/23/arbe-robotics-ltd-a-global-leader-in-high-resolution-4d), 2021-03-18: "Arbe, founded in 2015, is leading a radar revolution, enabling safe driver-assist systems today while paving the way for fully autonomous driving."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.