NetworkNewsWire
Editorial Coverage: 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.
The Variety of Sensors
Autonomous vehicles – more often referred to as self-driving
cars and trucks – are close to becoming a regular feature of the
world’s streets. Several companies, automotive insiders, and tech
innovators like Valeo and
Bosch are
working on the technology needed to make them a reality. From
complex driving software to steering equipment, an industry is
growing in the cars of the future.
Among the most important features of these cars are the sensors
they use to read the world around them. These fall into two groups
– passive and active. Active sensors project energy into the world
and then use the reflections they get back to understand what’s
there. Passive sensors using energy that’s already in the world,
particularly light or heat. There are a variety of sensors of each
type being tested, and a variety of different technologies that
could come out on top. But the most important distinction may be
whether the sensors we get are active or passive.
A Focus on Sensors
Specialist companies have started to emerge in this field,
focusing entirely on car sensor technology. One of these is
Foresight
Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE:
FRSX).
Founded in 2015, Foresight is committed to designing,
developing, and commercializing a range of sensor systems and
associate technologies for use in autonomous vehicles. This
includes stereo and quad camera systems and the software that will
allow a car to interpret the signals from those cameras. These can
be used to help avoid accidents between cars and will eventually
allow self-driving cars to see and act on objects in their
surrounding environment.
The company has already drawn attention with its advanced
technology. It has acquired leading investors from the local
automotive industry and reached a market cap of $100
million as of January 2018. It was featured in CNBC’s article
on “What Driving
Will Look Like in 2028.” Resources to continue its ambitious
research and development program was assured by the recent
announcement of a merger agreement with Tamda Ltd. (http://nnw.fm/b7nNy).
Foresight’s leading product is the QuadSight system. This drew
positive press
attention when it was displayed at the Consumer Electronics
Show earlier this year.
One of the distinctive features of the QuadSight system is that
it doesn’t rely on pattern recognition to identify when there is an
obstacle in its way. Any object can be detected, regardless of its
material, color or shape. This gives the system an advantage over
competitors whose sensors have to be programmed or trained to
identify specific hazards.
The Power of Passive Sensors
QuadSightis based on passive rather than active sensors. Its
cameras don’t project any sort of energy into the world, but
instead absorb the light that’s already available, some of it
invisible to the human eye. Passive sensors have two major benefits
over active sensors.
Mutual interference
One of the most serious problems with active sensors is
interference. As a growing number of autonomous vehicles hit the
streets, the number of sensors increases. As long as they use
active sensors, this means an increase is the amount of energy
being put out into the world by these sensors. As a result, they
can end up interfering with each other, and this problem is only
going to grow while people uses active sensors. This could lead
to objects with low radar cross sections going
undetected.
Health hazards
Although active sensors are certified according to safety
regulations (FCC / FDA / IEC etc.) and are thus safe, it is
important to keep in mind that each device is certified as a
separate unit. At this stage, it is too early to measure the
effects of energy exposure emitted by hundreds of vehicles and road
infrastructure on road users. Active sensors (especially radars)
might pose a health
hazard.
QuadSight’s sensors don’t project any sort of energy. As such,
they are unaffected by the interference problem and don’t
contribute to it. This makes QuadSight a more reliable option than
many others available.
“At Foresight, we believe that a car’s vision system should be
nothing less than perfect,” said Haim Siboni, CEO of Foresight.
“Vision is the foundation of passenger safety, and vision
perfection under all weather and lighting conditions is clearly the
breakthrough that vehicle makers need to build consumer confidence
in order to accelerate autonomous vehicle adoption.”
Autonomous Vehicle Market Heats Up
As the potential of driverless cars grows, a number of companies
are making advances in the sector.
Google’s parent company Alphabet, Inc. (NASDAQ: GOOG)
(NASDAQ: GOOGL) is exploring the potential of automated
vehicles through its subsidiary Waymo. It is experimenting with a
wide range of sensors on its vehicles, including active sensors
such as sonar, lasers, lidar, and radar, and stereo cameras on the
passive side. One of the distinct features of Waymo’s cars is the
way that these different sensors are used together, each
contributing something different to the car’s understanding of the
world around it.
Ford (NYSE: F) is approaching the future of
driving from a different angle. Its acquisition
of Chariot has put it in the business of providing transport to
busy commuters, who can book rides in Chariot vehicles. An app lets
its users book a ride with Chariot and propose new routes for the
vehicles. Such apps could eventually be used to provide access to
driverless transport, with vehicles following pre-programmed routes
to pick up travelers without cars of their own.
General Motors (NYSE: GM) has announced that it
will begin mass production
of its first autonomous vehicle next year. The design of the
Cruise AV was acquired by the company in 2016 when it absorbed
startup Cruise Automation. The car will have a dedicated production
line of its own at a facility at Orion Township, integrating LIDAR
sensors produced at its Brownstone plant. When a powerhouse like GM
starts mass production of self-driving cars, it’s a sure sign that
these vehicles will soon be a major feature of our streets.
The company most recognized for its work in self-driving cars is
Tesla, Inc. (NASDAQ: TSLA). Like other companies,
it is using a range of different sensors, including visible light
cameras. The information is processed using pattern recognition
software, which looks for familiar shapes and colors to identify
hazards. Though it has suffered some setbacks due to accidents,
Tesla is still leading the way in both developing and publicizing
the potential of self-driving vehicles.
Self-driving cars will soon be an important part of the
transport landscape. As that happens, different types of sensors
will hit the streets, giving people a chance to see which work
best.
For more information on Foresight Autonomous Holdings, visit
Foresight
Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE:
FRSX)
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content
distribution company that provides (1) access to a network of wire
services via NetworkWire to
reach all target markets, industries and demographics in the most
effective manner possible, (2) article and editorial syndication to
5,000+ news outlets (3), enhanced press release services to ensure
maximum impact, (4) social media distribution via the Investor
Brand Network (IBN) to nearly 2 million followers, (5) a full array
of corporate communications solutions, and (6) a total news
coverage solution with NNW Prime. As a
multifaceted organization with an extensive team of contributing
journalists and writers, NNW is uniquely positioned to best serve
private and public companies that desire to reach a wide audience
of investors, consumers, journalists and the general public. By
cutting through the overload of information in today’s market, NNW
brings its clients unparalleled visibility, recognition and brand
awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Please see full terms of use and disclaimers on the
NetworkNewsWire website applicable to all content provided by NNW,
wherever published or re-published: http://NNW.fm/Disclaimer
DISCLAIMER: NetworkNewsWire (NNW) is the source of the Article
and content set forth above. References to any issuer other than
the profiled issuer are intended solely to identify industry
participants and do not constitute an endorsement of any issuer and
do not constitute a comparison to the profiled issuer. The
commentary, views and opinions expressed in this release by NNW are
solely those of NNW. Readers of this Article and content agree that
they cannot and will not seek to hold liable NNW for any investment
decisions by their readers or subscribers. NNW is a news
dissemination and financial marketing solutions provider and are
NOT registered broker-dealers/analysts/investment advisers, hold no
investment licenses and may NOT sell, offer to sell or offer to buy
any security.
The Article and content related to the profiled company
represent the personal and subjective views of the Author, and are
subject to change at any time without notice. The information
provided in the Article and the content has been obtained from
sources which the Author believes to be reliable. However, the
Author has not independently verified or otherwise investigated all
such information. None of the Author, NNW, or any of their
respective affiliates, guarantee the accuracy or completeness of
any such information. This Article and content are not, and should
not be regarded as investment advice or as a recommendation
regarding any particular security or course of action; readers are
strongly urged to speak with their own investment advisor and
review all of the profiled issuer’s filings made with the
Securities and Exchange Commission before making any investment
decisions and should understand the risks associated with an
investment in the profiled issuer’s securities, including, but not
limited to, the complete loss of your investment.
NNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. “Forward-looking statements” describe future expectations,
plans, results, or strategies and are generally preceded by words
such as “may”, “future”, “plan” or “planned”, “will” or “should”,
“expected,” “anticipates”, “draft”, “eventually” or “projected”.
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company’s annual report on Form 10-K or 10-KSB and
other filings made by such company with the Securities and Exchange
Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this
release are made as of the date hereof and NNW undertakes no
obligation to update such statements.
Source:
NetworkNewsWire
Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
Ford Motor (NYSE:F)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ford Motor (NYSE:F)
Historical Stock Chart
From Apr 2023 to Apr 2024