Foresight Partners with Renault and Orange for Advanced Safety Trial
The trial aims to highlight the practicality of Eye-Net’s collision-prevention platform, setting the stage for commercial integration of its V2X technology.
About the Live Safety Trial in Bordeaux
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), known for innovation in 3D perception systems, announces the initiation of a significant smart mobility project. This collaboration involves their subsidiary, Eye-Net Mobile Ltd., Renault Group, and Orange S.A. The project, known as the “Collision Prevention” initiative, is positioned within the vibrant context of Bordeaux’s public transport system, focusing on enhancing safety for all urban road users.
Key Objectives and Technology Integration
This current phase of the trial represents a pivotal advancement following the previous stage, where a remarkable 99% detection rate was achieved in urban interactions. The ongoing project not only aims to assess the technology’s effectiveness but also seeks to refine the integration of Eye-Net's vehicle-to-everything technology in public transit environments.
Project Leadership and Collaborators
The initiative is expertly led by Lab TBMouv, in collaboration with Bordeaux Métropole and Keolis Bordeaux Métropole Mobilités. Their efforts incorporate Orange’s mobile app alongside Eye-Net’s collision alert systems, showcasing a synergy of leading companies including Allianz and Atos SE. By utilizing the TBM Mobility App, a public transit navigation platform, this trial facilitates a real-time data exchange system between buses and cyclists, specifically targeting areas where visibility might be compromised.
Evaluating Performance and User Feedback
The trial is designed to meticulously analyze the performance and reliability of cooperative collision-prevention alerts. Collecting feedback from real users will play a crucial role in this phase, thus enhancing technology acceptance and editing the specifics for wider deployment opportunities.
Perspective from Leadership
According to Haim Siboni, Chief Executive Officer of Eye-Net, this expansive trial is expected to hasten the commercial readiness of their V2X platform. Underlining the significance of their previous success, Siboni expressed optimism regarding the integration of their technology within a public domain setting, predicting further positive implications for cities and mobility operations.
The Role of Eye-Net in Urban Mobility
Eye-Net is at the forefront of developing next-generation V2X solutions tailored for collision prevention. Their smart automotive systems are designed to bolster road safety and enhance situational awareness amongst all road users. By employing advanced artificial intelligence technology and leveraging existing cellular networks, Eye-Net delivers real-time alerts to road users through various smart devices.
About Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings Ltd. is revolutionizing the perception landscape with its cutting-edge three-dimensional systems. Their operations extend beyond the automotive industry, encompassing diverse fields such as defense and unmanned aerial vehicles. Through subsidiaries like Eye-Net Mobile Ltd., Foresight is pioneering both in-line-of-sight systems and innovative accident-prevention solutions.
Foresight’s commitment to innovation is reflected in their development of 3D perception tools that offer remarkable capabilities within various market sectors, ensuring safer environments and improved operational efficiencies.
Contact Information for Investor Relations
For inquiries regarding investments or further information, please reach out to Miri Segal-Scharia, CEO of MS-IR LLC, via email at msegal@ms-ir.com or by phone at 917-607-8654.
Frequently Asked Questions
What is the goal of the trial being conducted in Bordeaux?
The trial aims to validate Eye-Net's collision-prevention technology for real-world public transportation, enhancing safety and efficiency.
Who are the partners involved in this safety trial?
The trial involves collaboration between Foresight Autonomous Holdings, Renault Group, and Orange S.A., among other participants.
What technology does Eye-Net utilize for collision prevention?
Eye-Net employs V2X technology that allows communication between vehicles and infrastructure to prevent collisions.
How will the success of the trial be measured?
Success will be gauged based on performance metrics, reliability of alerts, user feedback, and overall acceptance in public transport systems.
How can I learn more about Foresight Autonomous Holdings?
More information can be found on Foresight’s official website and their active social media channels.
