Thursday, July 5, 2018

MissionIRNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Revolutionizing Automotive Safety with Advanced Technology Vision Systems


Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) has developed an innovative system called QuadSight™ that uses two pairs of stereoscopic infrared and daylight cameras that surpass a driver’s ability to see, regardless of weather or lighting conditions. An article discussing the company’s technology reads: “The QuadSight™ system demo was launched last January at the CES show in Las Vegas. Based on 3D video analysis, advanced algorithms for image processing and sensor fusion, QuadSight™ uses four-camera technology combining two pairs of stereoscopic infrared and daylight cameras. Stereoscopic cameras provide a level of accuracy that exceeds a human driver’s ability to see in real-time by using synchronized cameras, along with advanced algorithms for image processing and sensor fusion, to mimic 3D human depth perception. The company’s proprietary stereoscopic system is derived from major shareholder Magna B.S.P.’s field-proven technology, which has been deployed worldwide for almost two decades. QuadSight™ offers exceptional obstacle detection for semi-autonomous and autonomous vehicle safety with near-100 percent obstacle detection and near-zero false alerts, regardless of weather or lighting. FSRX believes that its vision systems will revolutionize automotive safety with its cost-effective platform and advanced technology.”

To view the full article, visit http://ibn.fm/55W7L

About Foresight

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com.

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. 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.

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