Automotive technology innovator Foresight Autonomous
Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight(TM)
vision system was named a finalist in the prestigious 2019 Edison Awards in the
Transportation & Logistics, Autonomous Vehicles category. The Edison
Awards, named after Thomas Alva Edison, recognize and honor the best in
innovators and innovations around the globe and will announce gold, silver and
bronze award winners at the Edison Awards Gala to be held in New York City on
Thursday, April 4, 2019. “It is a great honor for Foresight to be included
among the impressive list of Edison Award finalists,” Foresight CEO Haim Siboni
said in the news release. “QuadSight(TM) addresses the real world need for
obstacle detection accuracy required to ensure autonomous vehicle safety. This
prestigious recognition from the Edison Awards, after being named a 2019 CES
Innovation Awards Honoree, further validates Foresight’s innovation and
achievements in advancing vision systems for the automotive industry.”
To view the full press release, visit http://ibn.fm/5sF2m
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
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