Arbe Robotics Ltd.

SPAC

Capital Markets Advisor, October 2021

Business Combination with Industrial Tech Acquisitions Inc.

Arbe Robotics Ltd. (“Arbe” or the “Company”), a leader of radar revolution in the path to fully autonomous driving, and Industrial Tech Acquisitions Inc. (“ITAC”), a publicly traded special purpose acquisition company.

Arbe is a developer of the world’s first ultra-high resolution 4D Imaging Radar for autonomous driving. Arbe’s 4D Imaging Radar separates, tracks, and identifies objects in 2K resolution in both azimuth and elevation, which can alert autopilot, emergency braking or steering features at the right moment. Bridging the automotive sensor gap that caused the recent advanced driver assist systems accidents, Arbe’s technology provides true safety to drivers as well as vulnerable road users like pedestrians and cyclists. The Company’s proprietary chipset has the largest channel array count in the industry with 48 receiving and 48 transmitting RF channels, a dedicated processor chip, and AI-based post-processing. The production-ready and affordable 4D Imaging Radar chipset solution, executes in the most challenging corner cases and is dependable in practically all environmental conditions.

ITAC is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. ITAC has a focus on businesses in the North American region operating in the industrial and energy focused technology areas including software, mobile and Internet of Things (“IoT”) applications, cloud communications and ultra-high bandwidth services.

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