The designers of self-driving vehicles are creating cars that will talk with each other and their surrounding environment.
- Vehicle-to-Everything (V2X) systems allow vehicles to gather information from each other, from local communication networks and even from urban infrastructure.
- V2X systems allow self-driving cars to travel more safely and efficiently.
- The V2X technology could reduce accidents, congestion and pollution.
- Early versions of this technology are now being tested.
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) is developing the Eye-Net cellular V2X system, through Eye-Net Mobile, its subsidiary company. Ford Motor Company (NYSE: F) has called upon urban authorities to create infrastructure to support V2X. Tesla, Inc. (NASDAQ: TSLA) is taking big steps forward in self-driving technology, using the batteries of its electric cars to power sensors, processors and other self-driving systems. NXP Semiconductors N.V. (NASDAQ: NXPI) is producing secure connectivity systems for vehicles to combat the threat of someone hacking the controls. Qualcomm, Inc. (NASDAQ: QCOM) is providing electronic components for autonomous systems to major car manufacturers.
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Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), 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 estimates 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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