Israel-based Foresight Autonomous Holdings, an innovator in automotive vision systems, has announced the sale of a prototype of its QuadSight four-camera vision system, targeted for the semi-autonomous and autonomous vehicle market. The prototype system was ordered by a leading Japanese Tier 1 automotive supplier. Revenue from the prototype system sale is expected to total tens of thousands of dollars.
Cornes Technologies, Foresight’s distributor in Japan, facilitated the prototype system sale, the first from a Japanese customer. The Japanese Tier 1 automotive supplier participated in a technological roadshow that took place across several countries earlier this year. The roadshow consisted of live, real-time demonstrations of the QuadSight system to interested parties. Different scenarios were tested, simulating obstacle detection in challenging weather and lighting conditions.
“This order affirms the importance of our technological roadshow strategy, which offers potential strategic partners the chance to experience our QuadSight system in real time and better understand its outstanding detection capabilities,” said Haim Siboni, CEO of Foresight. “I am confident that the successful roadshow in Japan will generate additional orders of prototype systems from vehicle manufacturers and Tier 1 suppliers in the coming months.”
By selling additional prototypes, Foresight intends to increase awareness of its unique solutions, address potential customers and expand its presence with vehicle manufacturers and Tier 1 automotive suppliers. Foresight believes that closer evaluation of the technology by potential customers may lead to future collaborations in research and development, integration, production and other areas.
