As we wrap up the first quarter of the year, we're excited to share a summary of the activity-filled months for Foresight Automotive, Eye-Net Mobile, and Rail Vision. In this edition, you'll find the latest news, press releases, highlights from the media, and other exciting updates from the group.
NEWS
Foresight’s Technology Recognized as a Significant Breakthrough by Israel’s Ministry of Defense
Foresight's QuadSight® technology has recently received recognition from Israel's Ministry of Defense as a remarkable technological breakthrough The QuadSight® stereovision solution has surpassed other autonomous driving sensors during rigorous testing, including active emitting sensors like LiDAR. This achievement is due to the unique 3D perception capabilities of Foresight's passive, non-emitting stereo technology, which allows for unparalleled perception of the environment. These capabilities are vital to the defense industry, as they leave no energy signature discernible to an adversary.
Foresight and Global Japanese Vehicle Manufacturer Will Work Together to Resolve Camera Miscalibration Issues
Foresight signed a paid joint POC project with a leading global Japanese automaker to evaluate Foresight's unique automatic calibration capabilities! Foresight's innovative solution will be capable of detecting when a single camera’s position has changed and provide real-time correction of the camera’s position while the vehicle is in motion. If successful, the POC project could potentially lead to a breakthrough in automotive technology that eliminates the need for external calibration in a garage for all vehicles equipped with mono cameras.
Eye-Net Receives First Order for Eye-Zone™ System from Leading Japanese Vehicle Manufacturer
Eye-Net Mobile received its first order for the Eye-Zone automotive system from a leading Japanese OEM. The parties have engaged in paid POC project to integrate Eye-Zone™ automotive system with vehicle manufacturer’s existing ADAS systems to enhance the vehicle’s safety capabilities. Read more or watch the management vlog episode
Rail Vision Signs an Agreement with Israel Railways to Purchase Ten AI-Driven Main Line Systems for $1.4M
Rail Vision Ltd. signed an agreement with Israel Railways Ltd. to purchase 10 Rail Vision Main Line Systems and related services for $1.4 million.This is a major milestone for Rail Vision as it proves the effectiveness of its Main Line System's in improving train operations' safety, preventing collisions, and reducing downtime.. Read more
FROM THE MEDIA
FORBES: THE TRAILBLAZERS
Foresight Automotive ($FRSX) was recently featured in Forbes magazine!
Discover Haim Siboni's journey as the CEO of Foresight in this article. He shares how Foresight Automotive's employees grew 20x in just 8 years, where the idea came from and how this technology evolved, the best decisions and worst mistakes Haim Siboni made along the way, Foresight's wow factor, and where the industry is heading in the next 5/10 years.
Listen to our expert panelists who have shared their insights and expertise on a variety of topics. Our panelists provide valuable perspectives and knowledge that we hope will help you gain a deeper understanding of the latest trends and best practices in the automotive world.
Thought Leadership Panel on Automotive Connectivity and Security
Foresight's VP of R&D, David Lempert, and other panelists discussed the latest innovations and policies shaking up the automotive industry in this panel, hosted by EthAum Venture Partners and Luchs Security.
Foresight's VP of Business Development, Doron Cohadier, and other panelists participated in the Electric Vehicle & Auto Tech Virtual Conference and discussed the latest in electric vehicles and auto tech.
Don't miss out on our management vlog series, where we share valuable insights from our Company's management team on the latest business developments and provide a closer look at our recently published press releases.
Foresight is dedicated to giving back to the community and supporting important causes.
In the past quarter, our amazing team of Foresight employees teamed up with volunteers to cook an impressive 350 kg of meat to make 1,500 meals for families in need, as part of the Kruvit Project - an Israeli initiative that helps prepare holiday meals for the elderly, Holocaust survivors, the disabled, and families who can't cook for themselves.
Eitan- Everybody Can! is a social organization that aims to empower individuals with special needs by promoting and facilitating their integration into society through professional fitness training.
Foresight's running team took part in the EitanRUN race to support this cause and recognize the hard work of Eitan trainees who train tirelessly throughout the year, demonstrating the Company's commitment to equal opportunities for individuals with special needs.
JOIN US
Join the team that’s changing the autonomous vehicle industry with its revolutionary technology. Check out the latest open positions at Foresight.
Want to develop the next generation of accident prevention solutions? Search the open positions at Eye-Net Mobile.
Foresight Automotive, 7 Golda Meir St., Weizmann Science Park, Ness Ziona, Israel, Israel
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