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Stock impact report

Rail Vision Achieves Real-Time Capabilities of its Railway Safety System

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Business Wire
NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd., a leading developer of Advanced Driver Assistance Systems (TASE and NASDAQ: FRSX), announced today that Rail Vision, which is 32% owned by Foresight, has achieved a major milestone in its development of products for advanced safety, asset and fleet management in the rail industry. Rail Vision demonstrated its system’s real-time capabilities with its unique algorithm implementation. The prototype demonstration validated the system's ability to detect and classify railway obstacles and alert the driver and control center in real time. In the context of Rail Vision’s solution, real-time is defined as the ability to acquire video imagery from multiple sensors, and process those video streams with sufficient throughput and minimal delay to provide timely video display and alerts to a locomotive driver. This technology incorporat Show less Read more
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