InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Integrates QuadSight(R) Software on the NVIDIA(R) Jetson AGX Xavier(TM) Platform

November 4, 2020 11:45:49
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced completion of its QuadSight(R) software on the NVIDIA(R) Jetson AGX Xavier(TM) platform, suitable for shuttles, agriculture, heavy equipment machines and more. “Foresight’s revolutionary stereoscopic vision solutions are based on advanced algorithms for image processing, 3D video analysis and sensor fusion. Our solutions require cutting-edge computing infrastructure that enables high performance advanced image processing algorithms,” David Lempert, Foresight’s vice president of R&D, said in the press release. “We are confident that NVIDIA’s platforms offer the best possible solutions for our needs. As more and more players in the automotive and autonomous machines markets select NVIDIA as their preferred platform, we believe that choosing to integrate the AI leader’s computing platforms will help us to further develop our technological capabilities and expand our product offerings across different market segments.” To view the full press release, visit https://ibn.fm/zCClL About Foresight Autonomous Holdings Ltd. Foresight, founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX

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