Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight(TM) vision system was named a finalist in the prestigious 2019 Edison Awards in the Transportation & Logistics, Autonomous Vehicles category. The Edison Awards, named after Thomas Alva Edison, recognize and honor the best in innovators and innovations around the globe and will announce gold, silver and bronze award winners at the Edison Awards Gala to be held in New York City on Thursday, April 4, 2019. “It is a great honor for Foresight to be included among the impressive list of Edison Award finalists,” Foresight CEO Haim Siboni said in the news release. “QuadSight(TM) addresses the real world need for obstacle detection accuracy required to ensure autonomous vehicle safety. This prestigious recognition from the Edison Awards, after being named a 2019 CES Innovation Awards Honoree, further validates Foresight’s innovation and achievements in advancing vision systems for the automotive industry.”
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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 stereo/quad-camera vision systems and V2X cellular based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention, which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company 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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