Ness Ziona

Foresight Granted Patent Approval in Japan for All-Weather and Lighting Conditions Vision System

Retrieved on: 
Wednesday, April 17, 2024

Ness Ziona, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that it has received a notice of allowance from the Japan Patent Office for its patent application, number 2020-557022, for the Company’s “multi-spectral vehicular system for providing pre-collision alerts.”

Key Points: 
  • The fusion of the two stereoscopic channels also tackles corner-case scenarios, particularly in challenging weather and lighting conditions, while minimizing false alerts.
  • We believe that the patent approval in Japan is a significant advancement for Foresight, paving the way for safer and more efficient autonomous vehicles in a country known for its automotive innovation.
  • Moreover, the approval of the patent emphasizes the enhanced value of technology for reliable obstacle detection under adverse weather conditions.
  • This patent serves as the foundation of Foresight’s QuadSight® automotive vision system.

Foresight: Eye-Net and Softbank Corp. Successfully Complete Technology Validation Phase for Connected Mobility Applications in Japan

Retrieved on: 
Friday, March 22, 2024

Ness Ziona, Israel, March 22, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision solution, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), announced today that SoftBank Corp. (Tokyo: 9434) (“SoftBank”) will collaborate with its business partners to initiate commercial validation efforts of Eye-Net's products in Japan following the successful completion of Eye-Net’s technology validation.

Key Points: 
  • The technological POC was confirmed to be successful after the Eye-Net Protect product met all of Softbank's predefined key performance indicators.
  • The testing confirmed the system performance and full compatibility with both long-term evolution (LTE) and 5G cellular networks, paving the way for connected mobility applications.
  • “We are thrilled that SoftBank has confirmed the successful completion of the technology validation phase and the compatibility of Eye-Net’s technology for both LTE and 5G cellular networks.
  • This milestone marks the beginning of collaborative efforts with SoftBank for commercial validation of Eye-Net’s products in Japan," said Dror Elbaz, CEO of Eye-Net Mobile.

Foresight Leverages on Success to Focus on Defense, Industrial Vehicles and Eye-Net Mobile Initiatives in the Short Term

Retrieved on: 
Wednesday, November 1, 2023

Following the terrorist attacks in Israel on October 7th and the subsequent conflict, Foresight has experienced no immediate material impact on its operations.

Key Points: 
  • Following the terrorist attacks in Israel on October 7th and the subsequent conflict, Foresight has experienced no immediate material impact on its operations.
  • Leveraging our success in the defense and industrial vehicles sectors, as well as through Eye-Net Mobile Ltd. (“Eye-Net”) (our wholly owned subsidiary), we made a strategic decision to refocus on strengthening client-facing initiatives in these fields and reallocate resources accordingly.
  • Defense and Industrial Vehicles Sectors - Short-Term Outlook:
    Our solutions offer a significant competitive advantage in the defense and industrial vehicles sectors, known for shorter sale cycles and fast results.
  • In conjunction with the business focus, Foresight’s management also decided to reallocate resources and reduce expenses while extending the Company’s cash runway.

Foresight Receives Notice of U.S. Patent Allowance for 3D Image Analysis System and Calibration Technology

Retrieved on: 
Wednesday, October 25, 2023

Ness Ziona, Israel, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that it has received a notice of allowance from the U.S. Patent and Trademark Office for its patent application, number 17/982,691, for “System and Method for Stereoscopic Image Analysis.”

Key Points: 
  • This technology improves obstacle detection and enhances understanding of road conditions for advanced driver-assistance system (ADAS) or autonomous driving.
  • The patented technology includes a method for automatic calibration of cameras and a computationally efficient method for calculating dense depth maps.
  • This patent serves as the underlying technology of Foresight’s Mono2Stereo™ and Mono2Stereo™ 360° perception enhancement solutions.
  • The Mono2Stereo and Mono2Stereo™ 360° solutions enhance existing vision sensor systems by using proprietary software-based algorithms to create 3D and 360° 3D perception, respectively.

BioNTech Announces Establishment of Interdisciplinary mRNA Excellence Center to Conduct Research Jointly with Scientists from Weizmann Institute of Science in Israel

Retrieved on: 
Wednesday, March 1, 2023

JERUSALEM, Israel, March 1, 2023 – BioNTech SE (Nasdaq: BNTX, “BioNTech”, “the Company”) announced that the Company and the Weizmann Institute of Science (“Weizmann Institute”) signed a Memorandum of Understanding (MoU).

Key Points: 
  • JERUSALEM, Israel, March 1, 2023 – BioNTech SE (Nasdaq: BNTX, “BioNTech”, “the Company”) announced that the Company and the Weizmann Institute of Science (“Weizmann Institute”) signed a Memorandum of Understanding (MoU).
  • The joint research will be conducted at BioNTech’s newly established mRNA Excellence Center and in Weizmann Institute laboratories.
  • The Company’s mRNA Excellence Center will be based within the Weizmann Science Park in Ness Ziona, where BioNTech intends to lease office and laboratory space.
  • “We are pleased to establish mRNA research laboratories on the campus of the Weizmann Institute of Science,” said Prof. Ugur Sahin, M.D., CEO and Co-founder of BioNTech.

KND Labs and ReaGenics Announce Partnership to Expand Business Lines

Retrieved on: 
Tuesday, February 21, 2023

As a brand new commercial platform for KND Labs, the partnership will enable the company to expand its product offerings in the global nutraceutical and ingredients marketplace.

Key Points: 
  • As a brand new commercial platform for KND Labs, the partnership will enable the company to expand its product offerings in the global nutraceutical and ingredients marketplace.
  • Building upon this market presence, the ReaGenics partnership is a natural progression for KND Labs to take its knowledge of scaled production and apply it to new ingredients.
  • “As a proven partner across many industries from food and beverage to nutraceuticals, pet and cosmetics, KND Labs is thrilled to expand our supply chain and product offerings through this partnership with ReaGenics,” said Nich Wilson, KND Labs President.
  • This partnership with KND is an important first step.”
    The partnership will strongly benefit both companies’ growth efforts in the nutraceutical, food and pet industries, with KND Labs focusing on making new products available.

VerifyMe and HP Indigo Ltd. enter into Five-Year Extension and Expansion of Agreement

Retrieved on: 
Thursday, December 1, 2022

VerifyMe has entered into an amended agreement with HP Indigo to provide VerifyInksecurity ink taggants for a line of HP Indigo digital press models.

Key Points: 
  • VerifyMe has entered into an amended agreement with HP Indigo to provide VerifyInksecurity ink taggants for a line of HP Indigo digital press models.
  • HP Indigo sells VerifyMe's security ink technology in ink cannisters for use on the HP Indigo 6000 series as "HP Security Electroink".
  • VerifyMe Chief Executive Officer, Patrick White, commented, "We are very excited to announce this extension of our strategic partnership with HP Indigo.
  • HP Indigo Ltd. is a division of HP Inc.'s Personalization and Industrial Organization with offices around the world and its headquarters in Ness Ziona, Israel.

Better Juice Launches Commercial Sugar-Reduction Plant

Retrieved on: 
Wednesday, November 2, 2022

NESS ZIONA, Israel, Nov. 2, 2022 /PRNewswire/ -- Sugar-reduction foodTech start-up Better-Juice, Ltd. launches its first full-capacity manufacturing plant setting the wheels in motion for full commercial production of its proprietary sugar-reducing immobilized enzymes. The new facility will enable the company to fulfill current commissions from juice producers globally, as well as respond to anticipated new demands.

Key Points: 
  • "Better Juice was founded with the vision of promoting the overall well-being of people globally," asserts Eran Blachinsky,co-founder and co-CEO of Better Juice.
  • "The realization that also naturally squeezed fruit juice can harbor high quantities of simple sugar is what sparked the creation of the Better Juice technology," adds Blachinsky.
  • "Better Juice brings a new hope for juice manufacturers and consumers, by reversing the perception of natural fruit juices as overly sugary products and turning juices into better-for-you beverages," says Amir Zaidman, Chief Business Officer of The Kitchen Hub and a Better Juice board member.
  • "The company offers a truly better juice product by reducing the sugars while maintaining their natural profile of vitamins, minerals and fibers."

MeaTech 3D To Participate In Two Future-of-Food Conferences In Dubai February 22-24, 2022

Retrieved on: 
Thursday, February 17, 2022

The company is developing high-quality real meat products that are slaughter free, safer and even more nutritious than farm-raised meat.

Key Points: 
  • The company is developing high-quality real meat products that are slaughter free, safer and even more nutritious than farm-raised meat.
  • MeaTech will join over 60 world leaders and the foodtech industry's best startups, innovators and food revolutionaries at the inaugural Food for Future Summit and Expo 2022 in Dubai.
  • The event, which will take place at the Dubai Exhibition Centre, will be hosted by H.E.
  • Mariam Al Mheiri, Minister of Climate Change & Environment for the UAE, in association with United Nations Food and Agriculture Organization.

MeaTech Reveals Promising Results with Muscle Stem-Cell Differentiation

Retrieved on: 
Tuesday, February 8, 2022

The company has succeeded in accelerating the formation of real living muscle fibers and enhancing their quality to mirror key characteristics of farm-raised meat.

Key Points: 
  • The company has succeeded in accelerating the formation of real living muscle fibers and enhancing their quality to mirror key characteristics of farm-raised meat.
  • These results show the process in which bovine stem cells were isolated, proliferated in the lab, and differentiated into matured muscle cells with improved muscle fiber density, thickness and length.
  • Based on these improvements, MeaTech has filed a provisional patent application with the USPTO.
  • Yaron Kaiser, Chairman of the Board, MeaTech: "MeaTech's wonderful results, led by our technology team, place the company at the forefront of the cultured meat revolution.