Self-driving cars are close to becoming a reality. When this happens, the sensors they use will be particularly important. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) is developing a sensor system that uses multiple visual light and infrared cameras in stereoscopic technology to interpret its surroundings. Google’s parent company Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is installing a wide range of sensors in its cars, combining their different inputs to create a fuller picture. Ford (NYSE: F) is focusing on other aspects of the future of driving, with its app-controlled Chariot commuting system. General Motors (NYSE: GM) is about to enter mass production of a car that uses LIDAR to test its surroundings. Meanwhile Tesla, Inc. (NASDAQ: TSLA), the business most famous for work in this area, is using pattern recognition to help its cars interpret the input from their sensors.
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Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), founded in 2015 and headquartered in Israel, 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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