Foresight Autonomous Holdings Ltd. ADR (FRSX)

Overview

Foresight Autonomous Holdings Ltd. is an innovative technology enterprise based in Ness Ziona, Israel, with international operations, specializing in the development of smart multi-spectral 3D vision software solutions and cellular-based applications tailored for the automotive sector. Initially known as Asia Development (A.D.B.M.) Ltd., the company underwent a rebranding to its current name in January 2016. Its technological advancements focus on enhancing safety and operational efficiency not only within the realm of automotive applications but also across defense, autonomous vehicles, and agricultural as well as heavy industrial equipment domains. Foresight has established a strategic cooperation with FLIR Systems, Inc., aiming to jointly develop, market, and distribute its QuadSight vision system globally.

Products and Services

• QuadSight Automotive Vision Solution
  This four-camera multi-spectral vision system integrates two pairs of stereoscopic infrared and visible-light cameras. Its design is primarily aimed at ensuring obstacle detection in varying light and weather conditions, thereby contributing significantly to vehicular safety.
• DynamiCal
  DynamiCal is an automated software solution specifically designed to maintain the calibration of stereo cameras. This innovation ensures that the cameras continue to provide accurate 3D depth perception, which is critical for the safe operation of vehicles in dynamic environments.
• ScaleCam
  ScaleCam presents a novel approach to stereo camera solutions by separating the cameras. This flexibility allows for enhanced adaptability and scalability of stereo vision in various vehicle designs and applications, facilitating effective obstacle detection.
• Percept3D
  Offering a cutting-edge 3D point cloud solution, Percept3D generates raw 3D data essential for obstacle detection, terrain analysis, and the fusion of sensors in autonomous vehicles. It represents a leap forward in the domain of vehicle environmental awareness.
• Mono2Stereo
  Mono2Stereo leverages software-based algorithms to upgrade existing vision sensor systems. By generating a stereo vision solution from monocular inputs, it effectively enhances 3D perception capabilities, thereby improving the vehicle's ability to navigate complex environments.
• Eye-Net Protect
  This V2X (vehicle-to-everything) solution utilizes cellular connectivity to provide real-time pre-collision alerts directly to road users such as pedestrians, cyclists, and scooter drivers through smartphones. Eye-Net Protect aims to improve road safety by significantly reducing the likelihood of accidents.