InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Proprietary QuadSight(R) Stereo Vision Tech on Display at Eurosatory
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, and its will be on display at Eurosatory, the world’s leading land and airland defense and security exhibition. Foresight’s technology will be integrated with an unmanned robotic combat vehicle exhibited by Elbit Systems Ltd. (NASDAQ: ESLT). The vehicle will be on display at the Elbit booth during the premier event, which is slated for June 13–17, 2022, at the Parc des Expositions de Paris-Nord Villepinte in France. According to the announcement, this is the first time that the Administration for Military Ground Vehicles of Israel’s Ministry of Defense has revealed a prototype of its new unmanned robotic combat vehicle. Visitors to Elbit’s booth will see for themselves how Foresight’s stereo-cameras solution enables powerful features, including obstacle detection, terrain analysis and navigation plans. The vehicle can perform autonomous and semi-autonomous tasks in an array of terrain and weather conditions, including some of the most challenging, such as zero-visibility sandstorms and off-road driving. Using both visible-light and thermal cameras, Foresight’s QuadSight passive, nonemitting solution is designed to create a high-resolution point cloud that provides a powerful 3D perception of the environment without leaving an energy signature that can be identified. Eurosatory anticipates having more than 100,000 participants from around the world explore the event expo space, which will feature 1,700 exhibitors from 63 countries located in 39 national pavilions.
To view the full press release, visit https://ibn.fm/KI99F
About Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings Ltd. is a technology company developing smart multispectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries — Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd. — Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (“3D”) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time, precollision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information, visit the company’s website at www.ForesightAuto.com.
NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX
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