Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., will present the software development kit (“SDK”) configuration of its Eye-Net Protect accident prevention solution for the first time at CES 2020 in booth #1307. The event is slated to be held at the Westgate Las Vegas from January 7–10, 2020. “Following 3 years of intense development activities, the completion of an SDK configuration marks a significant milestone for Eye-Net Mobile,” Dror Elbaz, COO & deputy CEO of Eye-Net Mobile, said in the news release. “The current configuration will enable rapid market penetration, providing a life-saving accident prevention solution that is readily available for deployment and redefining the future of cellular-based V2X communication. At a time where V2X hardware-based solutions are marked by stagnation caused by regulation and certification challenges, Eye-Net Protect serves as a significant leap towards the connected road users’ era.”
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About Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings Ltd., 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, visit the company’s website at www.ForesightAuto.com.
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