NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 04/17/2024 4:14:09 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Paving Way for Safer, More Efficient Autonomous Vehicles in Japan
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, today announced its receipt of a notice of allowance from the Japan Patent Office for its patent application, number 2020-557022, for the company’s “multi-spectral vehicular system for providing pre-collision alerts.” The patented technology combines data from pairs of stereoscopic infrared sensors and stereoscopic visible-light sensors through an advanced fusion module that enables precise obstacle detection and distance estimation. “We believe that the patent approval in Japan is a significant advancement for Foresight, paving the way for safer and more efficient autonomous vehicles in a country known for its automotive innovation,” the company stated in the press release. “Moreover, the approval of the patent emphasizes the enhanced value of technology for reliable obstacle detection under adverse weather conditions. This gives it a competitive edge over other sensors that struggle to perform in challenging environmental conditions.”
NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://nnw.fm/FRSX
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, today announced its receipt of a notice of allowance from the Japan Patent Office for its patent application, number 2020-557022, for the company’s “multi-spectral vehicular system for providing pre-collision alerts.” The patented technology combines data from pairs of stereoscopic infrared sensors and stereoscopic visible-light sensors through an advanced fusion module that enables precise obstacle detection and distance estimation. “We believe that the patent approval in Japan is a significant advancement for Foresight, paving the way for safer and more efficient autonomous vehicles in a country known for its automotive innovation,” the company stated in the press release. “Moreover, the approval of the patent emphasizes the enhanced value of technology for reliable obstacle detection under adverse weather conditions. This gives it a competitive edge over other sensors that struggle to perform in challenging environmental conditions.”
NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://nnw.fm/FRSX
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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