creakyhottie
3年前
TheNewswire - September 13, 2021 - Foresight Autonomous Holdings Ltd. (Nasdaq:FRSX) and (TASE:FRSX), an innovator in automotive vision systems, today announced that management will present at the Benzinga Electric Vehicle Conference on September 22, 2021 at 10:10 AM ET.
The virtual conference will include a live presentation followed by a Q&A session.
Management will also be available for one-on-one virtual meetings with investors on September 22 and 23. To schedule a meeting, please contact Miri Segal at msegal@msir.com or Lou Teeluck at lteeluck@ms-ir.com.
frankyahoo
3年前
Chrysler is one of the "Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of Dutch-domiciled automotive company Stellantis. In addition to the Chrysler brand, Stellantis North America sells vehicles worldwide under the Dodge, Jeep, and Ram nameplates. It also includes Mopar, its automotive parts and accessories division, and SRT, its performance automobile division.
https://ca.finance.yahoo.com/news/foresight-chosen-leading-european-car-120000485.html
$FRSX Lots going on with this company.
creakyhottie
3年前
Foresight: Eye-Net To Pursue Potential Nasdaq Listing
Today 8:00 AM ET (Business Wire)Print
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., intends to pursue a potential listing on the Nasdaq Stock Market. The strategic decision was made following a resolution of the board of directors of both Foresight and Eye-Net Mobile.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
Eye-Net(TM) Protect is an intuitive and easy-to-use mobile application that provides real-time pre-collision alerts to drivers and vulnerable road users. The Eye-Net(TM) solution suite enhances road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics.
For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company's LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.
About Foresight
creakyhottie
4年前
Thu, April 29, 2021, 8:00 AM
FRSX
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its affiliate, Rail Vision Ltd., filed a nonpublic draft prospectus for an initial public offering and registration for trade of its securities on the Tel Aviv Stock Exchange Ltd. Foresight owns 19.36% of Rail Vision’s outstanding share capital.
As indicated by Rail Vision, the draft prospectus was filed with the Tel Aviv Stock Exchange and Israeli Securities Authority on April 25, 2021. Rail Vision informed Foresight that it simultaneously intends to test the conditions prevailing on the Israeli capital markets towards a possible public offering. However, Rail Vision has not yet finalized any decision on the offering of securities, on the structure, scope, terms or timing of an offering, on whether such an offering will be made or on whether a prospectus will ultimately be published.
Rail Vision also indicated that the filing of a final prospectus is subject to a permit from the Israeli Securities Authority and the approval of the Tel Aviv Stock Exchange Ltd. There is no certainty that such permit and approval will be obtained or, if obtained, that Rail Vision will conduct any public offering of its securities.
If pursued, a public offering will be available in Israel only and not on U.S. stock exchanges. In the event of an offering, securities will not be registered under the U.S. Securities Act of 1933, as amended, and will not be offered or sold in the United States without registration or applicable exemption from the registration requirements, according to the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.
Rail Vision is a leading provider of cutting-edge cognitive vision sensor technology to increase safety in the railway industry. Rail Vision’s solutions offer detection and classification of objects or obstacles (e.g., humans, vehicles, and signals), rail path recognition (i.e., switch state detection), distance measurement and an opportunity for infrastructure condition monitoring.
Preciouslife1
4年前
A good read: Foresight: Eye-Net Successfully Completes
Trial with a Top Global Vehicle Manufacturer
The trial is part of a pilot project with the intelligent transport system division of a Japanese vehicle manufacturer for possible integration into a smart city project
Ness Ziona, Israel – March 1st, 2021 - Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an innovator in automotive vision, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., successfully completed a controlled trial of its Eye-NetTM Protect cellular-based accident prevention solution for the intelligent transport system division of a multi-billion-dollar global Japanese vehicle manufacturer. The trial, supervised by Blue and White Robotics (BWR), was designed to demonstrate Eye-Net’s advanced capabilities of protecting vehicles from oncoming collisions. The trial was streamed in real time from the test ground in Israel to the Japanese vehicle manufacturer. The trial is part of a pilot project with the vehicle manufacturer for possible integration into the vehicle manufacturer’s smart city project, as reported by the Company in January 2021.
The Eye-Net Protect system was tested in several predefined accident-simulated scenarios at various speeds to test the system for repeatability, detection accuracy and alert timing. The scenarios included vehicles that had no direct line of sight. In all cases, the participants in the trial used the Eye-Net Protect application installed on their smartphones and in- vehicle infotainment system.
The Eye-Net Protect system demonstrated a 95.54% success rate in all tested scenarios. All users were alerted on time, approximately 2.4 seconds before reaching the intersection, at around 3 feet or one meter away from the required alert location. A high level of accuracy and consistency was shown as all participating vehicles consistently stopped approximately 10 feet or 3 meters away from the required location in order to prevent oncoming collisions.
The Eye-Net Protect system proved its robustness and reliability by operating 100% of the time with zero crashes or errors during the entire trial day.
“The trial day was successful and Eye-Net’s system showed impressive capabilities. The system operated without interruption, delivered alerts in real time, and allowed all participants to brake safely before entering the intersection. The system demonstrated repeatability, accuracy and stability. BWR has extensive experience in safety systems for the automotive industry, and we believe that Eye-Net’s technology has the ability to save lives and could be integrated as a product in the field of road accident prevention,” said Amir Peleg, VP Mobility Solutions at Blue White Robotics.
“Eye-Net successfully completed another controlled trial and met all predefined objectives and key performance indicators, demonstrating Eye-Net Protect’s system capabilities.
The system configuration used in the trial was almost identical to the production configuration, mimicking real-life situations with almost no safety margins,” said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. ”The test results confirm that the Eye-Net technology and product are ready for commercial deployment and may bring outstanding added value to all road users in general and to the automotive industry in particular.”
For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.
About Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of- sight” accident-prevention solutions.
Foresight’s vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting- edge AI technology and advanced analytics.
creakyhottie
4年前
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the sale of a prototype of its QuadSight(R) four-camera vision system to the American division of a leading Japanese manufacturer of stereo vision systems for the automotive industry. The manufacturer, which is a Tier One supplier, will evaluate Foresight's thermal stereo capabilities for possible enhancement of its current visible-light stereo capabilities.
"This first prototype sale to an automotive stereo vision systems manufacturer validates the market need for Foresight's innovative stereo technology and its added value to the automotive industry. Reliable obstacle detection capabilities in harsh weather and poor lighting conditions are a key element for ADAS and autonomous driving," said Haim Siboni, CEO of Foresight. "Our QuadSight vision system uses highly accurate thermal and visible-light sensors that address the requirement to detect any obstacle and enable safe driving at all times in challenging weather. We believe that this prototype sale may allow us to expand our product offering to additional automotive stereo vision developers and potentially reach major vehicle manufacturers worldwide."
According to a report published in September 2020 by the leading market research and advisory company Technavio, the automotive stereo camera market size has the potential to grow by $425.68 million over the course of 2020 to 2024. The report claims that 35% of the market's growth will originate from North America during the above mentioned period.
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