NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 01/25/2021 4:38:07 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces It Has Received Chinese Patent Notice of Allowance
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has received a notice of allowance from the Chinese Patent Office for the patent it filed for its proprietary running vehicle alerting system and method; the same patent received approval from the U.S. Patent and Trademark Office in April 2019. According to the company, the patented technology involves a running vehicle alerting system that is designed to detect traffic lights or traffic signs. When the system detects these devices, it produces a collision-avoiding signal if the distance to these lights or signs is less than a safe braking distance. The system works by combining passive forwardly directed optical sensors along with analytics of images of traffic lights and signs; the system also analyzes the location data of each vehicle. This information is transmitted to a remote server via cellular communication. That data creates alerts warning of possible collisions; those alerts are transmitted from the server to the smartphone of the drivers of the vehicle. This patent includes features of Foresight’s QuadSight(R) automotive vision system along with Eye-Net Mobile’s cellular-based V2X accident prevention solution. According to the announcement, the patent will allow Foresight to provide collision alerts designed reduce potential accidents.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has received a notice of allowance from the Chinese Patent Office for the patent it filed for its proprietary running vehicle alerting system and method; the same patent received approval from the U.S. Patent and Trademark Office in April 2019. According to the company, the patented technology involves a running vehicle alerting system that is designed to detect traffic lights or traffic signs. When the system detects these devices, it produces a collision-avoiding signal if the distance to these lights or signs is less than a safe braking distance. The system works by combining passive forwardly directed optical sensors along with analytics of images of traffic lights and signs; the system also analyzes the location data of each vehicle. This information is transmitted to a remote server via cellular communication. That data creates alerts warning of possible collisions; those alerts are transmitted from the server to the smartphone of the drivers of the vehicle. This patent includes features of Foresight’s QuadSight(R) automotive vision system along with Eye-Net Mobile’s cellular-based V2X accident prevention solution. According to the announcement, the patent will allow Foresight to provide collision alerts designed reduce potential accidents.
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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