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

Core Viewpoint - Foresight Autonomous Holdings Ltd. has developed advanced stereoscopic thermal imaging technology that enhances automatic emergency braking (AEB) systems, particularly for pedestrian safety in low-light conditions, in response to new U.S. regulations [1][2][3] Group 1: Regulatory Impact - The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) has finalized a new federal motor vehicle safety standard requiring AEB systems in all new passenger cars and light trucks by September 2029 [1][2] - This regulation is projected to save at least 360 lives and prevent 24,000 injuries annually [2] Group 2: Technology Advantages - Foresight's thermal imaging technology utilizes heat signatures to detect objects in challenging conditions such as darkness and adverse weather, providing superior pedestrian detection compared to traditional AEB systems [2][3] - The company believes its innovative technology positions it favorably in the market for safer AEB solutions, as demand for thermal cameras is expected to rise while costs decrease significantly in the coming years [3] Group 3: Company Overview - Foresight Autonomous Holdings Ltd. specializes in developing smart multi-spectral vision software solutions and cellular-based applications through its subsidiaries [4][5] - The company's vision solutions include automatic calibration modules and dense 3D point cloud applications across various sectors, including automotive and defense [5]