Foresight Autonomous, an innovator in automotive vision systems has successfully completed a multi-user trial of its Eye-Net accident prevention solution. The V2X (vehicle-to-everything) cellular-based accident prevention solution has been designed to provide real-time pre-collision alerts to pedestrians and vehicles by using smartphones and relying on existing cellular networks.
The trial consisted of 120 Android and iOS users from across Israel. Part of the trial consisted of simulating collision scenarios in two different locations in a safe and controlled manner. The simulated scenarios included two vehicles moving towards each other with no direct eye contact between them and an additional scenario simulating an accident between a vehicle and a pedestrian. In all the simulated scenarios, the Eye-Net application successfully alerted all users in a manner that enabled them to brake safely and on time. The information was streamed in real-time to a control room at the company’s headquarters and accurately displayed the location of the simulated collisions on a map.
The following pre-defined objectives were to be validated during the trial: the stability and usability of the application on both iOS and Android-based cellular phones; the server workload and its ability to handle data transfer; the ability to support a wide geographic distribution of users; the real-time functionalities of the dashboard; controlled scenarios validation (pedestrian collision warning and collision warning); and overall system stability. All objectives were successfully achieved.
This trial marks the successful completion of the system's feasibility study.
Earlier this month, Foresight announced that it has entered into a memorandum of understanding with Tamda Ltd and its controlling shareholders, pursuant to which the company agreed to proceed with a transaction to spin off its activities dedicated to the development of the Eye-Net solution and merge them into Tamda. Upon the closing of the transaction, the company will own approximately 74.5% of the issued and outstanding share capital of Tamda. The parties’ obligations to complete the transaction are subject to various closing conditions.
