Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd. is a technology company that develops advanced 3D perception systems and cellular-based applications. Through its controlled subsidiaries, Foresight Automotive, Foresight Changzhou, and Eye-Net Mobile, the company offers both "in-line-of-sight" vision solutions and "beyond-line-of-sight" accident-prevention solutions. Its 3D perception systems, developed by Foresight Automotive, are based on stereoscopic vision technology, which uses two synchronized cameras to mimic human depth perception and create a 3D view. These systems include modules for automatic calibration and dense three-dimensional (3D) point clouds. They are applicable to diverse markets such as automotive (including ADAS, semi and fully autonomous vehicles), defense, autonomous driving, agriculture, heavy industrial equipment, inner-city light trains, and UAVs. ScaleCam, a stereoscopic camera vision solution, creates and analyzes a 3D image to foresee potential collisions with road users and obstacles in both urban, highway, and off-road environments. This solution provides accurate real-time detection with a low rate of false alerts and operates 24/7 in harsh weather and lighting conditions, offering a complete 3D image of the driving environment. The company's stereoscopic technology incorporates intellectual property acquired from Magna in 2016, which has been deployed for over two decades in critical facilities globally, including borders, nuclear plants, and airports. Eye-Net Mobile develops next-generation V2X (vehicle-to-everything) collision prevention solutions and smart automotive systems. These solutions enhance road safety and situational awareness for all road users in urban mobility environments. Leveraging AI technology, advanced analytics, and existing cellular networks, Eye-Net Mobile's solution suite delivers real-time pre-collision alerts to road users via smartphones and other smart devices within vehicles.