Foresight Signs Collaboration Agreement With KONEC Sponsored by Hyundai's Foundation for Co-Development Project of Autonomous Vehicle
Foresight Signs Collaboration Agreement With KONEC Sponsored by Hyundai's Foundation for Co-Development Project of Autonomous Vehicle
The joint project with KONEC, a leading Korean Tier One supplier, sponsored by Hyundai's Foundation of Korea Automotive Parts Industry Promotion (KAP), aims to develop a conceptual autonomous driving vehicle using Foresight's 3D perception technology
與韓國領先的一級供應商KONEC的聯合項目由現代汽車零部件產業促進基金會（KAP）贊助，旨在使用Foresight的3D感知技術開發概念性自動駕駛汽車
Ness Ziona, Israel, May 29, 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 a co-development collaboration agreement with leading Korean Tier One automotive supplier KONEC Co. Ltd. ("KONEC"), sponsored by the Foundation of Korea Automotive Parts Industry Promotion ("KAP"), founded by Hyundai Motor Group, to integrate Foresight's ScaleCam 3D perception technology into a conceptual autonomous driving vehicle.
以色列內斯齊奧納，2024年5月29日（GLOBE NEWSWIRE）——汽車視覺系統的創新者Foresight Autonomous Holdings Ltd.（納斯達克和塔斯證券交易所股票代碼：FRSX）（“Foresight” 或 “公司”）今天宣佈與韓國領先的一級汽車供應商KONEC公司簽署共同開發合作協議。有限公司（“KONEC”）由現代汽車集團創立的韓國汽車零部件產業促進基金會（“KAP”）贊助，旨在整合Foresight的ScaleCam 將三維感知技術融入概念性自動駕駛汽車。
This collaboration leverages KONEC'S expertise in developing advanced automotive systems with KAP's mission to foster innovation within the automobile parts industry. The project will incorporate Foresight's 360° 3D perception technology, enabling the conceptual autonomous driving vehicle to accurately perceive its surroundings. The successful integration of ScaleCam has the potential to significantly enhance the capabilities and safety of autonomous vehicles.
此次合作利用了KONEC在開發先進汽車系統方面的專業知識，KAP的使命是促進汽車零部件行業的創新。該項目將採用Foresight的360°三維感知技術，使概念性自動駕駛車輛能夠準確感知周圍環境。ScaleCam的成功整合有可能顯著增強自動駕駛汽車的能力和安全性。
"We believe that the collaboration with KONEC represents a significant step forward in the development of next-generation autonomous driving solutions. By combining our resources, image processing expertise, and innovative technologies, we aim to accelerate the development and deployment of autonomous vehicles, ultimately contributing to safer transportation solutions in the Republic of Korea," said Haim Siboni, CEO at Foresight.
“我們認爲，與KONEC的合作是在開發下一代自動駕駛解決方案方面向前邁出的重要一步。通過結合我們的資源、圖像處理專業知識和創新技術，我們的目標是加快自動駕駛汽車的開發和部署，最終爲大韓民國更安全的交通解決方案做出貢獻。” Foresight首席執行官海姆·西博尼說。
Foresight's ScaleCam, a cutting-edge 3D perception solution based on stereoscopic technology, is driven by advanced and proven image processing algorithms. ScaleCam provides seamless vision by using two visible-light cameras allowing highly accurate and reliable obstacle detection capabilities.
Foresight的ScaleCam是基於立體技術的尖端3D感知解決方案，由先進且經過驗證的圖像處理算法驅動。ScaleCam 通過使用兩個可見光攝像頭提供無縫視覺，從而實現高度準確和可靠的障礙物探測能力。
About the Foundation of Korea Automotive Parts Industry Promotion
關於 t他 韓國汽車零部件產業振興基金會
The Foundation of Korea Automotive Parts Industry Promotion is Korea's first autonomous, non-profit, public interest corporation, established by Hyundai Motor Group. The foundation's mission is to support the growth and development of the Korean automobile parts industry through various initiatives, including research and development, education, and international cooperation.
韓國汽車零部件產業促進基金會是韓國第一家自治、非營利的公共利益公司，由現代汽車集團成立。該基金會的使命是通過各種舉措，包括研發、教育和國際合作，支持韓國汽車零部件行業的增長和發展。
About KONEC
關於 KONEC
KONEC is a technology company that manufactures automobile parts for eco-friendly vehicles using a high-pressure die-casting process. KONEC has established a batch production system for lightweight metal raw materials, molds, castings, processing, and assembly through cooperation among its group affiliates. Major customers include Tesla, Hyundai Motor, and Kia. In addition to the existing business scope of lightweight metal body, chassis, and body parts, KONEC is venturing into new industries in line with the electrification of mobility and software advancements. KONEC has entered the field of information processing technology using cameras, such as developing a license plate recognition system through collaboration with companies that have commercialized semiconductor SoCs and modules for IoT wireless communication.
KONEC是一家使用高壓壓鑄工藝爲環保汽車製造汽車零件的科技公司。KONEC通過其集團子公司之間的合作，建立了輕質金屬原材料、模具、鑄件、加工和裝配的批量生產系統。主要客戶包括特斯拉、現代汽車和起亞。除了輕質金屬車身、底盤和車身零件的現有業務範圍外，KONEC還冒險進入與移動電氣化和軟件進步相一致的新行業。KONEC已使用攝像頭進入信息處理技術領域，例如通過與已將半導體SoC和物聯網無線通信模塊商業化的公司合作開發車牌識別系統。
About Foresight
關於 Foresight
Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company's wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both "in-line-of-sight" vision systems and "beyond-line-of-sight" accident-prevention solutions.
Foresight Autonomous Holdings Ltd.（納斯達克和塔斯證券交易所：FRSX）是一家開發智能多光譜視覺軟件解決方案和基於蜂窩的應用程序的科技公司。Foresight通過公司的全資子公司Foresight Automotive Ltd.、Foresight常州汽車有限公司和Eye-Net移動有限公司，開發 “視線內” 視覺系統和 “超視距” 事故預防解決方案。
Foresight's vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile's cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics.
Foresight 的視覺解決方案包括自動校準模塊和密集三維 (3D) 點雲模塊，可應用於汽車、國防、自動駕駛車輛和重工業設備等不同市場。Eye-Net Mobile的基於蜂窩的解決方案套件通過整合尖端的人工智能技術和高級分析，提供實時的碰撞前警報，以增強城市交通環境中所有道路使用者的道路安全和態勢感知能力。
For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit , follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn.
有關 Foresight 及其全資子公司 Foresight Automotive 的更多信息，請訪問 ，關注 @ForesightAuto1 在 Twitter 上，或者加入 Foresight 汽車 在領英上。
Forward-Looking Statements
前瞻性陳述
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that the co-development collaboration will involve incorporating Foresight's ScaleCam into a conceptual autonomous driving vehicle, that this integration has the potential to significantly enhance the capabilities and safety of autonomous vehicles, that the collaboration with KONEC represents a significant step forward in the development of next-generation autonomous driving solutions, and that the Company aims to accelerate the development and deployment of autonomous vehicles, ultimately contributing to safer transportation solutions in the Republic of Korea. Because such statements deal with future events and are based on Foresight's current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.
本新聞稿包含1995年《私人證券訴訟改革法》和其他聯邦證券法的 “安全港” 條款所指的前瞻性陳述。諸如 “期望”、“預期”、“打算”、“計劃”、“相信”、“尋求”、“估計” 之類的詞語以及此類詞語的類似表述或變體旨在識別前瞻性陳述。例如，Foresight在本新聞稿中使用了前瞻性陳述，討論共同開發合作將涉及將Foresight的ScaleCam整合到概念性自動駕駛汽車中，這種整合有可能顯著增強自動駕駛汽車的能力和安全性，與KONEC的合作代表着下一代自動駕駛解決方案開發向前邁出的重要一步，以及該公司的目標是加快自動駕駛解決方案的開發和部署自動駕駛汽車，最終爲大韓民國更安全的交通解決方案做出了貢獻。由於此類聲明涉及未來事件，基於Foresight當前的預期，因此它們受到各種風險和不確定性的影響，Foresight的實際業績、表現或成就可能與本新聞稿中的聲明中描述或暗示的結果存在重大差異。
The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 27, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites.
本新聞稿中包含或暗示的前瞻性陳述受其他風險和不確定性的影響，包括Foresight於2024年3月27日向美國證券交易委員會（“SEC”）提交的20-F表年度報告以及隨後向美國證券交易委員會提交的任何文件中 “風險因素” 標題下討論的風險和不確定性。除非法律另有要求，否則Foresight沒有義務公開發布對這些前瞻性陳述的任何修訂，以反映本聲明發布之日之後的事件或情況或反映意外事件的發生。爲方便起見，我們提供了網站引用和鏈接，此類網站上包含的信息未以引用方式納入本新聞稿。Foresight 對第三方網站的內容不承擔任何責任。
Investor Relations Contact:
投資者關係聯繫人：
Miri Segal-Scharia
CEO
MS-IR LLC
msegal@ms-ir.com
917-607-8654
Miri Segal-Scharia
首席執行官
MS-IR LLC
msegal@ms-ir.com
917-607-8654
譯文內容由第三人軟體翻譯。