Foresight’s QuadSight™ Vision System Wins Prestigious 2019 CES Innovation Award
November 09 2018 - 09:00AM
Business Wire
The quad-camera vision system provides
autonomous vehicles near-100% obstacle detection under all weather
and lighting conditions with near zero false alerts
Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an
innovator in automotive vision systems, today announced that its
QuadSight™ vision system has been named a 2019 CES Innovation Award
honoree in the Vehicle Intelligence and Self-Driving Technology
category. Foresight’s quad-camera vision system was selected from a
highly competitive pool of participating innovative CES products.
Foresight will offer a live demonstration of the QuadSight™ vision
system at CES 2019, held from January 8–11 at the Westgate Las
Vegas, booth #2206.
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Foresight’s flagship product QuadSight™
is a multi-spectral stereoscopic vision system that offers
unparalleled obstacle detection capabilities under all weather and
lighting conditions, for semi-autonomous and autonomous vehicles.
(Photo: Business Wire)
Focused on the stringent demands of autonomous vehicle vision
needs, QuadSight™ is designed to achieve near-100% obstacle
detection with near-zero false alerts under all weather and
lighting conditions, including complete darkness, snow, rain, fog,
sandstorms and blinding glare. Leveraging decades of field-proven
security technology and highly advanced image-processing
algorithms, Foresight’s quad-camera technology combines two pairs
of long-wave infrared (LWIR) and visible-light stereoscopic cameras
to achieve an unprecedented performance standard for autonomous
vehicle vision.
“Developing safe autonomous vehicles is one of the great
technical challenges of our time, and it demands innovation in all
aspects of design and implementation,” said Haim Siboni, CEO of
Foresight. “We are honored that the CES Innovation Award judges
have recognized the far-reaching innovation required for the
QuadSight™ system to achieve vision perfection under all weather
and lighting conditions.”
Essential for safety and reliability, stereoscopic vision
technology brings exceptional three-dimensional (3D) images for
outstanding detection and accuracy to semi-autonomous and
autonomous vehicle vision systems. While visible-light camera
systems utilize the same or sometimes less information compared to
the human eye, LWIR imaging adds another layer of information based
on emitted waves. By combining visible-light stereoscopic and
thermal stereoscopic vision, QuadSight™ enables exceptional visual
precision with 3D objects in real time, whether the objects are
large or small, in motion or static, or detected from short or long
distances.
At CES 2019, QuadSight™ will be demonstrated at Foresight’s
booth #2206 at Westgate Las Vegas. Contact Foresight to schedule a
demo. For a brief video of the QuadSight™ vision technology, click
here. As a winner of the Innovation Award, QuadSight™ will also be
on display at the CES Innovation Award Showcase in Tech West, The
Venetian, Venetian Ballroom E/F.
The CES Innovation Awards is an annual competition that
recognizes two levels of honorees across 28 product categories. A
panel of judges, including designers, engineers and members of the
tech media, reviews submissions based on design, functionality,
consumer appeal, engineering and how the products compare with
competition. CES 2019 will showcase more than 4,500 exhibiting
companies, including manufacturers, developers and suppliers of
consumer technology hardware, content, technology delivery systems
and more.
For more information about Foresight and its wholly owned
subsidiary, Foresight Automotive, please
visit www.foresightauto.com, follow @ForesightAuto
on Twitter, or join Foresight Automotive on LinkedIn.
About Foresight
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 for the automotive industry 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.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Words such as "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates" and similar expressions
or variations of such words are intended to identify
forward-looking statements. For example, Foresight is using
forward-looking statements in this press release when it discusses
the benefits of the QuadSight vision system. Because such
statements deal with future events and are based on Foresight’s
current expectations, they are subject to various risks and
uncertainties and actual results, performance or achievements of
Foresight could differ materially from those described in or
implied by the statements in this press release.
The forward-looking statements contained or implied in this
press release are subject to other risks and uncertainties,
including those discussed under the heading "Risk Factors" in
Foresight's registration statement on Form 20-F filed with the
Securities and Exchange Commission ("SEC") on March 27, 2018, and
in any subsequent filings with the SEC. Except as otherwise
required by law, Foresight undertakes no obligation to publicly
release any revisions to these forward-looking statements to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events. References and links to
websites have been provided as a convenience, and the information
contained on such websites is not incorporated by reference into
this press release. Foresight is not responsible for the contents
of third-party websites.
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Investor Relations Contact:MS-IR LLCMiri
Segal-SchariaCEOmsegal@ms-ir.com917-607-8654Media
Contacts:Rainier CommunicationsMary Lynch Cadwallader/Michelle
Allard McMahonforesight@rainierco.com508-450-2733
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