Foresight Articles

The significant contribution made by these reputable investors indicate that autonomous vehicles are here to stay and a permanent part of the future of transportation. Additionally, this sizable investment illustrates investors desire to have “skin in the game” in partnering with autonomous vehicle companies.  

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX)(“Foresight”) is a technology company engaged in the design, development and commercialization of sensor systems for the automotive industry. Through their wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., the Company has developed both “in-line-of-sight” vision systems and “beyond-line-of-site” cellular-based applications. 

Foresight’s technology combines stereo visible-light cameras and stereo long-wave infrared thermal cameras to provide accurate obstacle detection in harsh lighting and weather conditions. This solution combines the advantages of stereoscopic technology with DNN object recognition to provide accurate obstacle detection and classification.

Foresight’s technology is derived from field-proven homeland security technology that has been deployed worldwide for almost two decades in critical international facilities including borders, nuclear plants, and airports.

Foresight’s QuadSight® vision system solves the two main challenges of detecting any obstacle and allowing autonomous vehicles to safely endure extreme weather and lighting conditions. “QuadSight’s innovative technology addresses the real-world need for obstacle detection accuracy capable of ensuring autonomous vehicle safety,” said Haim Siboni, CEO of Foresight. Frost & Sullivan have stated that they believe that the autonomous vehicle market opportunity ranges in the hundreds of billions of dollars annually.

For more information about Foresight Autonomous Holdings, please visit: https://www.foresightauto.com