Foresight Leverages NVIDIA Jetson Orin to Introduce Novel 360-degree 3D Perception Solution
May 08 2024 - 7:06AM
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX)
(“Foresight” or the “Company”), an innovator in automotive vision
solutions, has announced a major breakthrough with the development
of Dragonfly Vision™, its cutting-edge 360-degrees 3D perception
solution, based on the NVIDIA Jetson AGX Orin platform, designed
for power-optimized autonomous machines.
By using the significant artificial intelligence
(AI) computing power of the NVIDIA Jetson AGX Orin platform,
Foresight can create an all-around obstacle detection solution,
including the detection of non-classified objects. The NVIDIA
Jetson AGX Orin module supports up to six stereo channels to
achieve complete coverage around any type of vehicle.
Through advanced algorithms and AI, Dragonfly
Vision enables unprecedented accuracy and road surface coverage,
offering groundbreaking, cost-effective solutions compared to
traditional LiDAR systems. This innovative obstacle detection
solution has the potential to revolutionize safety and efficiency
across a wide range of industries, ranging from the automotive
industry to heavy machinery and agricultural equipment.
Delivering a ground-breaking performance of 275
trillion operations per second (TOPS) and achieving an impressive
8x multiple performance leap over the previous generation, Jetson
Orin modules are ideally suited for the evolving landscape of
autonomous machines, such as industrial and heavy equipment
vehicles.
About Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq and
TASE: FRSX) is a technology company developing smart multi-spectral
vision software solutions and cellular-based applications. Through
the Company’s wholly owned subsidiaries, Foresight Automotive Ltd.,
Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd.,
Foresight develops both “in-line-of-sight” vision systems and
“beyond-line-of-sight” accident-prevention solutions.
Foresight’s vision solutions include modules of
automatic calibration and dense three-dimensional (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.
For more information about Foresight and its
wholly owned subsidiary, Foresight Automotive, visit
www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join
Foresight Automotive on LinkedIn.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the "safe harbor" provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as "expects," "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Foresight is using
forward-looking statements in this press release when it discusses
its ability to create an all-around obstacle detection solution
that enables unprecedented accuracy and road surface coverage, that
its obstacle detection solution has the potential to revolutionize
safety and efficiency across a wide range of industries, and the
belief that NVIDIA Jetson AGX Orin modules are ideally suited for
the evolving landscape of autonomous machines. Because such
statements deal with future events and are based on Foresight’s
current expectations, they are subject to various risks and
uncertainties, and actual results, performance or achievements of
Foresight could differ materially from those described in or
implied by the statements in this press release.
The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed under the heading "Risk
Factors" in Foresight's annual report on Form 20-F for the fiscal
year ended December 31, 2023 filed with the Securities and Exchange
Commission ("SEC") on March 27, 2024, and in any subsequent filings
with the SEC. Except as otherwise required by law, Foresight
undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events. References and links to websites have been provided as a
convenience, and the information contained on such websites is not
incorporated by reference into this press release. Foresight is not
responsible for the contents of third-party websites.
Investor Relations Contact: Miri
Segal-SchariaCEOMS-IR LLCmsegal@ms-ir.com917-607-8654
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