Foresight Autonomous Holdings Ltd FRSX:NASDAQ
Foresight Completes Development of Commercial Version of its Groundbreaking Automatic Calibration Software
BusinessWire
7:30 AM ET
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it has completed the development of a commercial version of its groundbreaking automatic calibration software. In addition, the Company submitted a patent application to the U.S. Patent and Trademark Office, pertaining to the Company's innovations in the field of automotive sensor calibration.
Continuous sensor calibration is essential for creating accurate stereoscopic 3D perception required for safe and robust automotive stereo vision systems. Miscalibration occurs when external factors change the position of the sensors with respect to each other. A miscalibrated system may lead to inaccurate perception of the driving environment, affect the decision -making mechanism of the vehicle and risk passenger lives. Foresight's revolutionary innovation allows for automatic calibration between vision systems that are composed of multiple sensors, such as thermal infrared and visible-light cameras.
The Company's groundbreaking software solution is designed to ensure that the sensors remain calibrated regardless of their configuration or position on a car. This will allow vehicle manufacturers flexible placement of sensors, whether on a rigid base or as separate units, while ensuring accurate perception and improving the sensors' detection capabilities.
"Completing development of the commercial version of our proprietary automatic calibration software is an important milestone for the Company, and will allow us to offer this software as a standalone product," said Haim Siboni, Foresight's CEO. "Our unique solution is suitable for passenger vehicles, heavy machinery manufactures and Tier One suppliers looking to enhance their stereoscopic vision systems."
Foresight submitted two additional patent applications pertaining to multiple-sensor camera systems. The first allows repetitive and robust calibration and optical testing for vision systems composed of both visible light and thermal (infrared) cameras to ensure sensor accuracy. In addition, it enables sensor fusion for all imaging systems along the visible light long-wave infrared spectrum. The second pa tent application enables real time assessment of the quality of information coming from each sensor set, allowing smart sensor fusion capabilities and dramatically reducing the required computational resources of the system.
