NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Completes Development of, Submits Patent for Advanced Calibration Software
Sep 2, 2020
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has finalized development of a commercial version of its proprietary automation calibration software. In addition, the company announced that it has filed a patent application for calibration software for vision sensors intended to provide flexible placement of sensors on a vehicle while ensuring perception accuracy. The groundbreaking software offers continuous sensor calibration, which creates the stereoscopic 3D perception essential for safe and effective automotive stereo vision systems. Foresight’s pioneering technology provides automatic calibration between vision systems composed of multiple sensors, thus reducing the miscalibration that may happen when external factors cause the position of sensors to change. Foresight’s new software is designed to affect the decision-making mechanism of the vehicle and reduce the risk to passenger lives. “Completing development of the commercial version of our proprietary automatic calibration software is an important milestone for the company, and will allow us to offer this software as a standalone product,” said Foresight CEO Haim Siboni in the press release. “Our unique solution is suitable for passenger vehicles, heavy machinery manufactures and Tier One suppliers looking to enhance their stereoscopic vision systems.”
To view the full press release, visit http://nnw.fm/s4X0j
About Foresight Autonomous Holdings Ltd.
Foresight, founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. 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” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com
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