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Foresight Collaborates with a Leading Global Tier-One Automotive Supplier to Enhance Bus Safety with Advanced 3D Perception Technology
Globenewswire· 2025-05-14 12:37
Core Insights - Foresight Autonomous Holdings Ltd. has signed an agreement for a proof of concept (POC) project with a global Tier One automotive supplier to evaluate its 3D perception system for urban transit safety [1][2] - The POC project aims to assess the system's ability to accurately detect and measure curb heights and distances, enhancing situational awareness for drivers and potentially reducing accidents [2][4] - The commercial vehicle ADAS market is projected to grow from $17.66 billion in 2023 to $43.24 billion by 2030, with a compound annual growth rate (CAGR) of 13.64%, highlighting significant opportunities for technology innovators like Foresight [3] Company Overview - Foresight Autonomous Holdings Ltd. specializes in advanced 3D perception systems and cellular-based applications, with subsidiaries focused on various automotive and safety solutions [5][6] - The company's technology includes automatic calibration and dense 3D point cloud modules applicable across multiple sectors, including automotive and defense [6] Market Context - The commercial vehicle ADAS market is expanding rapidly, driven by smart city initiatives and advancements in AI and sensor integration, creating substantial opportunities for OEMs and fleet operators [3] - ADAS for buses is a key segment within this market, as public transportation providers prioritize safety, efficiency, and regulatory compliance [3]
Gauzy Ltd.(GAUZ) - 2024 Q4 - Earnings Call Transcript
2025-03-11 22:58
Gauzy (GAUZ) Q4 2024 Earnings Call March 11, 2025 06:58 PM ET Company Participants Daniel Scott - SVP - Investor RelationsEyal Peso - CEO & Co-FounderMeir Peleg - CFO Conference Call Participants Josh Nichols - Senior Research AnalystDan Lévy - Senior Equity Research AnalystItay Michaeli - Equity Analyst Operator Good morning, and welcome to the Galaxy Limited Fourth Quarter and Full Year twenty twenty four Earnings Conference Call. Today's call is being recorded and we have allocated one hour for prepared ...