Eye-Net V2X Cellular app Passed Trials
28 March, 2018
Eye-Net is cellular-based accident prevention solution designed to provide real-time pre-collision alerts to pedestrians and vehicles by using smartphones and relying on existing cellular networks
Cellular V2X (vehicle-to-everything) solutions are getting off the ground. Foresight Autonomous Holdings Ltd. from Ness Ziona, Israel, announced today that its Eye-Net accident prevention solution has successfully completed a multi-user trial and met the pre-defined criteria set for its success. Eye-Net is cellular-based accident prevention solution designed to provide real-time pre-collision alerts to pedestrians and vehicles by using smartphones and relying on existing cellular networks.
About 120 Android and iOS users from across Israel participated in the trial. 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 scenarios, the Eye-Net application successfully alerted all users in time to brake safely and to avoid casualties or damage.
During the trial, the operators validated the stability and usability of the application on 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; real-time functionalities of the dashboard and overall system stability. This trial marks the successful completion of the system’s feasibility study.
Foresight develops camera-based advanced systems for Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. These days the company is building new business platform to bring Eye-Net to the market. Earlier this month, the company announced that it has entered into a memorandum of understanding with Tamda Ltd. (TASE:TMDA) and Tamda’s controlling shareholders, pursuant to which the company agreed to proceed with a transaction to spin off its activities dedicated to the development of our Eye-NetTM 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 deal is expected to reach its conclusion in May 2018.