NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 04/01/2019 4:15:36 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives Notice of Allowance for First US Patent Application Relating to Core Technology
Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based V2X accident prevention solution, and it will allow Foresight to use its stereoscopic camera-based object detection capabilities to provide collision alerts through the Eye-Net application in order to reduce the likelihood of accidents and injuries.
“We are very excited about this notice of allowance for patent application, the first of a family of patent applications relating to our core technology,” Foresight CEO Haim Siboni said in the news release. “This important asset strengthens our intellectual property and further validates Foresight’s breakthrough technology, developing advanced vision systems for the automotive industry.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based V2X accident prevention solution, and it will allow Foresight to use its stereoscopic camera-based object detection capabilities to provide collision alerts through the Eye-Net application in order to reduce the likelihood of accidents and injuries.
“We are very excited about this notice of allowance for patent application, the first of a family of patent applications relating to our core technology,” Foresight CEO Haim Siboni said in the news release. “This important asset strengthens our intellectual property and further validates Foresight’s breakthrough technology, developing advanced vision systems for the automotive industry.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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