- FRSX’s
QuadSight™ multi-camera vision solution is a stereoscopic system that
detects obstacles in all weather and lighting conditions designed for
semi-autonomous and autonomous vehicles
- In its
corporate presentation, FRSX cites projection of the autonomous
self-driving vehicle market reaching $60 billion by 2030, from Mordor
Intelligence LLP
- FRSX
has in development its Eyes-On™ and Eye-Net™ patent-pending accident
prevention solutions
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE:
FRSX), in an audio press release, detailed the advantages of its passive sensor
vision system versus active ones. As sensors will play a key role in the
development of self-driving vehicles, FRSX’s QuadSight™ passive sensor system
uses available light for its visible light cameras and thermal radiation of
objects for its infrared cameras (http://ibn.fm/8IIJU).
FRSX’s stereoscopic technology leverages the advantages of
passive sensors rather than active systems. It employs two synchronized cameras
to mimic 3D human depth perception. In contrast, active sensors emit energy
that may interfere with others, resulting in the possibility of some objects
going undetected. QuadSight does not rely on pattern recognition. Rather, it is
a passive stereo vision system that uses advanced image processing algorithms
for accurate depth analysis and detects objects from available light and
thermal radiation caught by its infrared cameras.
Israel-based FRSX, through wholly owned subsidiary Foresight
Automotive, is designing, developing and commercializing advanced driver
assistance systems (ADAS) for use in semi-autonomous and autonomous vehicles.
It is developing several branded and patent-pending systems. Proprietary
systems include Eyes-On™, an advanced ADAS system, and Eye-Net™, a
cellular-based V2X accident prevention alert solution.
In its corporate presentation, the company documented that
the stakes are high (http://ibn.fm/o0efI).
FRSX sees a long-term market potential for autonomous vehicles that’s projected
at $60 billion by 2030, according to Mordor Intelligence LLP (http://ibn.fm/Imu0J).
In a news release, Haim Siboni, CEO of FRSX, said, “At
Foresight, we believe that a car’s vision system should be nothing less than
perfect. Vision is the foundation of passenger safety, and vision perfection
under all weather and lighting conditions is clearly the breakthrough that
vehicle makers need to build consumer confidence in order to accelerate
autonomous vehicle adoption.”
For more information, visit the company’s website at www.ForesightAuto.com
About MissionIR
MissionIR is
primarily focused on strategic communications. We have executed countless
communications programs to address the needs of companies ranging from
start-ups to established industry leaders, gaining valuable experience and the
expertise necessary to determine the most effective strategy for any given
situation.
For more information, visit www.MissionIR.com
Please see full terms of use and disclaimers on the Mission
Investor Relations website applicable to all content provided by MIR, wherever
published or re-published: http://www.missionir.com/disclaimer.html
