Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it will showcase a live demonstration of its Mono2Stereo(TM) software-based solution at CES 2023. According to the update, the solution is designed to create 3D perception stereo vision from existing cameras to enhance the performance of existing mono-camera based advanced driver assistance systems (“ADAS”). “The year 2022 saw significant strategic developments for Foresight, as several vehicle manufacturers and tier one automotive suppliers engaged in proof of concept (‘POC’) projects to evaluate the company’s 3D stereoscopic solutions to enhance their existing ADAS systems,” said Haim Siboni, chief executive officer at Foresight. “CES 2023 will give us a chance to showcase our unique technological advances, demonstrating how our software-based solution can benefit the automotive industry.”
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About Foresight Autonomous Holdings Ltd.
Foresight is a technology company developing smart multi-spectral 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 pre-collision 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 about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com.
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