Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Developing Passive Sensor Vision System Technology for Autonomous Vehicles

• 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

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