Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, announced that the U.S. Patent and Trademark Office (“USPTO”) has issued a notice of allowance for the company’s patent application covering calibrating imaging devices, matching elements in stereo imaging systems and creating 3D reconstructions. According to the announcement, the patent application, which is titled “System and Method for Stereoscopic Image Analysis,” enables the generation of 3D depth perception from any pair of cameras, even those that have different optical properties and fields of view. “This capability allows for flexible cameras positioning on vehicles, and also enables vehicle manufacturers to leverage different existing cameras that could not previously be used for depth perception,” the company noted in the press release. “This technology improves obstacle detection and enhances understanding of road conditions for advanced driver-assistance system (‘ADAS’) or autonomous driving. The patented technology includes a method for automatic calibration of cameras and a computationally efficient method for calculating dense depth maps. This technology transforms a pair of cameras and a processor into a high frequency and accurate depth sensor.”
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About Foresight Autonomous Holdings Ltd.
Foresight Autonomous Holdings is a technology company developing smart multispectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries — Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd. — Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight vision solutions include modules of automatic calibration and dense three-dimensional (“3D”) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time, precollision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information, visit the company’s website at www.ForesightAuto.com.
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