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FLIR Systems And Foresight Sign Agreement To Develop, Market And Distribute QuadSight Vision System

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Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems, announced the signing of an agreement with FLIR Systems Inc.

FLIR is the world's largest and leading commercial company specialising
in the design and production of thermal imaging cameras, components, and
imaging sensors.

According to the agreement, the parties will establish a strategic cooperation plan for the development, marketing and distribution of Foresight's QuadSight vision system, combined with FLIR Systems' infrared cameras, to a wide range of prospective customers. As part of the agreement, Foresight will exclusively purchase its thermal cameras from FLIR for all systems to be commercialised worldwide.

Foresight will participate in the “Thermal by FLIR” programme, a cooperative product development, marketing and product supply programme that supports original equipment manufacturers (OEMs) and product innovators who use FLIR thermal imaging sensors in their products. As part of the programme, Foresight will include the FLIR brand on its products. Current “Thermal By FLIR” partners include Panasonic, Bullitt Group, Blackview and other multinational companies.

“We are seeing a clear and growing global demand for our technology,” said Haim Siboni, CEO of Foresight. “This collaboration agreement will offer us the ability to work directly with OEMs and open new opportunities for our technology. FLIR Systems' established technology, market position, and reputation will serve to advance the QuadSight system throughout the world.”

“Foresight's unique QuadSight system, comprised of four thermal and visible-light cameras, showcases the capability of FLIR thermal cameras to greatly improve ADAS and autonomous vehicle safety through improved situational awareness at night, in high-contrast scenes and in bad weather,” said Paul Clayton, General Manager of Solutions Line of Business at FLIR. “The QuadSight system generates precision thermal and visible-light point clouds which contain the distance to objects in the scene which solves many of the navigation problems associated with safer ADAS and autonomous vehicles.”

FLIR Systems, which currently has thermal cameras installed in more than 750,000 automobiles through its Tier One supplier, will utilise its strong relationships within the automotive industry to determine the level of integration of the QuadSight system best suited for its manufacturing partners. This includes offering end-to-end technical expertise ranging from thermal imaging hardware to machine vision development of thermal imaging datasets both in virtual and physical environments.

Both companies will cooperate technologically to optimise the performance of FLIR Systems' thermal cameras within the QuadSight system in order to achieve the best results under harsh weather and lighting conditions and to develop automotive connectivity solutions.
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