- Advanced Driver Assistance Systems (ADAS) market to reach $143 billion by 2025
- Successful test of Eye-Net V2X (vehicle to everything) cellular-based accident prevention system
- Analyst coverage recently initiated
What could be smarter than playing it safe, particularly when on the road as a driver? Driving defensively certainly helps, but, more often than expected, the unexpected happens. If only you could have had some inkling of what was coming. Well perhaps you can. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is developing unique safety solutions for the automotive industry that provide real-time information to prevent accidents. Combining stereo/quad-camera vision with three-dimensional (3D) video analysis, advanced algorithms and sensor fusion, FRSX’s safety systems will make every car a safer car. Already incorporated into two flagship products, Eyes-On and QuadSight, the company recently completed the successful trial of a third, Eye-Net. FRSX’s groundbreaking work is now garnering attention, with JGR Capital, an independent equity research firm, announcing initiation of coverage (http://nnw.fm/fLt5a).
Just as they have enhanced our mobile phones, rapidly developing advances in information technology are making cars smarter. Smart cars save on fuel costs, provide more creature comforts and help us navigate, but none of that matters if there is danger in driving, which is why most ADAS are…
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