NVDA
NVIDIA
-- 138.850 TSLA
Tesla
-- 355.840 BABA
Alibaba
-- 124.730 INTC
Intel
-- 23.600 PLTR
Palantir
-- 119.160 
NEWS
Foresight and Tata Elxsi Sign Collaboration Agreement
The parties will collaborate to accelerate development of solutions for semi-autonomous and autonomous vehicles using Foresight's stereoscopic technology and Tata Elxsi's integration solutions for marketing in the Indian automotive industry
Ness Ziona, Israel, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, announced today the signing of multi-phase collaboration agreement with Tata Elxsi Limited ("Tata Elxsi"), a leading global tier-one supplier of design and technology services, providing solutions across various industries, including the automotive, broadcast, communications, healthcare, and transportation industries.
The initial phase will include the development and commercialization of advanced solutions for advanced driver assistance systems (ADAS). These will be integrated into passenger vehicles, heavy machinery and agricultural vehicles manufactured by Tata Motors. Building on the success of the ADAS implementations, the parties will continue to develop and commercialize advanced services for semi and fully autonomous features to be integrated into various applications within the automotive industry.
Tata Elxsi will introduce and promote Foresight's 3D perception solutions to its diverse customer base, starting with the Indian automotive industry, and subsequently targeting global automotive vehicle manufacturers. Furthermore, during the first half of 2025, Tata Elxsi plans to promote Foresight's solutions to its existing customers in the heavy machinery and agriculture sectors.
Foresight's 3D perception solutions are based on stereoscopic technology, using both visible-light and thermal infrared cameras, and proprietary algorithms to detect all objects and create high resolution 3D point clouds.
Ness Ziona, Israel, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, announced today the signing of multi-phase collaboration agreement with Tata Elxsi Limited ("Tata Elxsi"), a leading global tier-one supplier of design and technology services, providing solutions across various industries, including the automotive, broadcast, communications, healthcare, and transportation industries.
The initial phase will include the development and commercialization of advanced solutions for advanced driver assistance systems (ADAS). These will be integrated into passenger vehicles, heavy machinery and agricultural vehicles manufactured by Tata Motors. Building on the success of the ADAS implementations, the parties will continue to develop and commercialize advanced services for semi and fully autonomous features to be integrated into various applications within the automotive industry.
Tata Elxsi will introduce and promote Foresight's 3D perception solutions to its diverse customer base, starting with the Indian automotive industry, and subsequently targeting global automotive vehicle manufacturers. Furthermore, during the first half of 2025, Tata Elxsi plans to promote Foresight's solutions to its existing customers in the heavy machinery and agriculture sectors.
Foresight's 3D perception solutions are based on stereoscopic technology, using both visible-light and thermal infrared cameras, and proprietary algorithms to detect all objects and create high resolution 3D point clouds.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
8170
Followers
50
Following
93K
Visitors
Follow
Discussing
Trump 2.0 Era: How will global markets evolve?
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context,
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call