JERUSALEM, April 25, 2017 /PRNewswire/ -- Mobileye
today announced that it has entered into an agreement with Nissan
Motor Co., Ltd. to generate anonymized, crowd-sourced data to
create next-generation precision maps utilizing Mobileye's Road
Experience Management (REM™) data generation technology. The
maps will be used as a source of localization, foresight, and
redundancy in order to enable safe, robust autonomous vehicles in
the future.
The agreement is the next step after successful proof-of-concept
work in 2016 that culminated in Mobileye's REM™ mapping technology
being utilized in Nissan's recent autonomous vehicle demonstration
in London. And it extends an important technology
relationship, the most recent example being ProPILOT, Nissan's
system that utilizes significant Mobileye technology to enable
single-lane highway driving with autonomous control of steering,
acceleration, and braking functions.
Finally, this agreement furthers an inclusive approach, as data
from multiple automakers can be merged to create the most scalable,
robust, geographically-diverse, and rapidly-updating RoadBook™ in a
low-cost, efficient manner.
"We welcome the opportunity to take this next step with our
valued partner Nissan," stated Professor Amnon Shashua, Chairman and Chief Technology
Officer of Mobileye. "I'm very pleased that innovative work by
our engineering teams is resulting in the confidence of customers
to adopt REM™. We now have significant commitments from
multiple global automakers to generate and share data from
camera-equipped ADAS vehicles, and then utilize the resulting
Global RoadBook as a critical input within autonomous vehicle
systems."
If you have any queries, please contact:
Investors:
Dan
Galves
+1-718-799-9125
Dan.galves@mobileye.com
Media:
Alexis
Blais
+1-203-682-8270
mobileyepr@icrinc.com
About Mobileye
Mobileye N.V. is the global leader in
the development of computer vision and machine learning, data
analysis, localization and mapping for Advanced Driver Assistance
Systems and autonomous driving. Our technology keeps
passengers safer on the roads, reduces the risks of traffic
accidents, saves lives and has the potential to revolutionize the
driving experience by enabling autonomous driving. Our
proprietary software algorithms and EyeQ® chips perform detailed
interpretations of the visual field in order to anticipate possible
collisions with other vehicles, pedestrians, cyclists, animals,
debris and other obstacles. Mobileye's products are also able
to detect roadway markings such as lanes, road boundaries, barriers
and similar items; identify and read traffic signs, directional
signs and traffic lights; create a RoadBook™ of localized drivable
paths and visual landmarks using REM™; and provide mapping for
autonomous driving. Our products are or will be integrated
into car models from more than 25 global automakers. Our
products are also available in the aftermarket.
Forward-Looking Statements
This press release contains
certain forward-looking statements. Words such as "believes,"
"intends," "expects," "projects," "anticipates," and "future" or
similar expressions are intended to identify forward-looking
statements. These statements are only predictions based on our
current expectations and projections about future events. You
should not place undue reliance on these statements. Many
factors may cause our actual results to differ materially from any
forward-looking statement, including the risk factors and other
matters set forth in the public filings of each of the parties to
this press release. Neither party undertakes any obligation to
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise, except as may be
required by law.
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SOURCE Mobileye N.V.