NetworkNewsBreaks - Foresight Autonomous Holdings Ltd.'s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Wins 2019 CES Innovation Award
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight vision system has been chosen from a competitive group of innovative products as a 2019 CES Innovation Award honoree in the Vehicle Intelligence and Self-Driving Technology category. As a winner of the Innovation Award, QuadSight will be on display at the CES Innovation Award Showcase. In addition, Foresight will be presenting a live demonstration of its QuadSight vision system at CES 2019, taking place January 8–11 at the Westgate Las Vegas, booth #2206. “Developing safe autonomous vehicles is one of the great technical challenges of our time, and it demands innovation in all aspects of design and implementation,” Foresight Autonomous Holdings CEO Haim Siboni stated in the news release. “We are honored that the CES Innovation Award judges have recognized the far-reaching innovation required for the QuadSight system to achieve vision perfection under all weather and lighting conditions.”
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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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