Foresight Automotive

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in July 2015, is a technology company engaged, through its wholly-owned subsidiary Foresight Automotive Ltd., in the design, development and commercialization of stereo/quad camera vision systems for the automotive industry. Foresight’s powerful and mature proprietary stereoscopic technology is derived from field-proven technology that has been deployed worldwide for almost two decades. The company’s patented technology incorporates 3D video analysis, advanced algorithms for image processing and sensor fusion. Foresight's solutions are based on stereoscopic image technology. Foresight’s unique solutions create and analyse a one-of-a-kind 3D image in order to foresee possible collisions with vehicles, pedestrians, cyclists and other obstacles, while providing highly accurate real time alerts with minimum false alerts. Foresight’s solutions employ the use of a two-camera layout (visible light conditions) or a four-camera layout (24/7, all weather and lighting conditions) for a complete 3D image of the driving environment. Foresight’s powerful and mature proprietary stereoscopic technology is derived from its major shareholder Magna B.S.P’s field-proven security technology that has been deployed worldwide for almost two decades and is IP-protected by patents.