Automotive technology company Foresight Autonomous Holdings
Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has been
selected as a finalist in the New Mobility World (NMW) Lab18 Startup Challenge.
Per the update, Foresight was selected from a pool of more than 100 applicants
spanning 29 countries to reach the final round. “It is a great honor to make
the finals list at this year’s NMW Lab18 Startup Challenge,” Haim Siboni, CEO
of Foresight, stated in the news release. “This achievement recognizes that
Foresight’s breakthrough QuadSight™ system has an important role in shaping the
future of the automotive industry. We believe that there is a perfect fit
between Foresight’s technological solutions and the specific needs of the semi
and fully autonomous vehicles markets.” The NMW Lab18 Startup Challenge is
scheduled to take place in September at the IAA Commercial Vehicles in Hanover,
Germany. The NMW interdisciplinary platform is directed toward innovators in
the transport and mobility sector and brings together the most important
players from all sectors focused on developing new solutions, technologies or
products for the mobility of tomorrow.
To view the full press release, visit http://ibn.fm/P4T3L
About Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings Ltd., 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 predicts 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 QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment