| Market Capitalization (Millions $) |
110 |
| Shares
Outstanding (Millions) |
101 |
| Employees |
74 |
| Revenues (TTM) (Millions $) |
1 |
| Net Income (TTM) (Millions $) |
9 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
We are a technology company engaged in development of smart multi-spectral vision software solutions and cellular-based applications. Through our wholly owned subsidiaries, Foresight Automotive Ltd., or Foresight Automotive, and Eye-Net Mobile Ltd., or Eye-Net Mobile, we develop both 'in-line-of-sight' vision systems and 'beyond-line-of-sight' accident-prevention solutions.
Our vision solutions include modules of automatic calibration, sensor fusion and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile's cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics.
Autonomous Driving Overview
In recent years, there has been increasing awareness surrounding 'autonomous,' 'automated' and 'self-driving' vehicles. Self-driving vehicles operate without direct driver input while controlling steering, acceleration and braking, and are designed to relieve the driver from having to constantly monitor the roadway while operating in self-driving mode. Self-driving vehicles range from single applications where the driver is required to continuously monitor traffic, to semi-autonomous or fully autonomous driving where the driver increasingly relinquishes control.
There are five different levels of automated driving:
Level 1: Assisted ' The driver stays in full control of the vehicle, and the automated driving system assists only with adaptive cruise control and lane keeping assistance.
Level 2: Partial Automation ' Uses partially automated longitudinal and lateral guidance in the driving lane. Mostly seen with parking assist features, which allow the vehicle to park itself under certain conditions.
Level 3: Conditional Automation ' Partly automated longitudinal and lateral guidance in an urban environment. The driver's full awareness of his or her surroundings is still required.
Level 4: High Automation ' Highly automated longitudinal and lateral guidance with lane changing capabilities. Reliable environment recognition, including in complex environmental situations.
Level 5: Auto-pilot ' Door-to-door commuting used primarily in an urban environment, with no driver supervision.
Vehicle automation started off in the form of ADAS; however, recent technology advancements have paved the way for partially automated systems. Acceleration in development strategies that drive the acceleration of vehicle autonomy has taken place over the last couple of years in the form of technological advancements, mergers and acquisitions, partnerships and collaborations.
Company Address: 7 Golda Meir Ness Ziona 7403650
Company Phone Number: 077-9709030 Stock Exchange / Ticker: NASDAQ FRSX
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