Foresight Expands Thermal Imaging Market Potential as New Safety Regulation is Implemented by U.S. Department of Transportation

Core Points - The U.S. Department of Transportation's NHTSA has finalized a new federal motor vehicle safety standard requiring automatic emergency braking (AEB) systems in all new passenger cars and light trucks by September 2029, emphasizing the importance of thermal imaging for pedestrian safety in low light conditions [1][2] - The NHTSA estimates that this regulation will save at least 360 lives and prevent 24,000 injuries annually, highlighting the limitations of AEB systems in certain lighting and weather conditions, which thermal imaging can address [2] - The company believes its pioneering stereoscopic thermal imaging technology provides a significant advantage in enhancing AEB solutions and anticipates increased demand for thermal cameras, leading to a decrease in associated costs [3] Company Overview - Foresight Autonomous Holdings Ltd. is a technology company focused on developing smart multi-spectral vision software solutions and cellular-based applications through its subsidiaries [4] - The company's vision solutions include automatic calibration modules and dense 3D point cloud applications across various markets, including automotive and defense [5]