VRU

SaverOne Engages with Top-tier Global Consultancy Firm to Develop Strategic Plan for its Vulnerable Road User (VRU) Solution.

Retrieved on: 
Thursday, March 21, 2024

Petah Tikvah, Israel, March 21, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells transportation safety solutions, today announced that it has signed an agreement, partnering with a top-tier global consultancy firm, to support the development of a business model around SaverOne’s Vulnerable Road User (VRU) solution.

Key Points: 
  • Deliverables include a comprehensive business plan including an analysis of the competitive landscape as well as a detailed approach for developing the VRU business either within SaverOne or via a spin-off.
  • One of the goals of this strategic initiative is to enhance shareholder’ value.
  • Ori Gilboa, CEO of SaverOne, stated, "Leveraging our technology, our VRU sensor brings new and unique safety capabilities to the large and significant ADAS market.
  • We believe this important initiative will enable us to further develop the business around our VRU sensor, enabling us to take well- considered strategic steps.

AI Stocks - Another Application to Watch; Transforming the Future of Transportation Safety

Retrieved on: 
Monday, March 4, 2024

The Artificial Intelligence (AI) revolution is impacting all sectors, and transportation has not been left out.

Key Points: 
  • The Artificial Intelligence (AI) revolution is impacting all sectors, and transportation has not been left out.
  • "AI is revolutionizing the transportation industry in many ways, and its impact on safety is significant.
  • This signifies a significant step forward in Rail Vision's commitment to advancing rail safety and efficiency through cutting-edge technologies.
  • Metropolis members can gain early access to NVIDIA platform updates to enhance their AI application development efforts.

Vexcel Launches Roadway Attributes for 3,300+ Cities Across U.S.

Retrieved on: 
Sunday, February 11, 2024

The new product — Elements: Roadways — provides more than 30 attributes to help inventory roadway features, support safety and compliance regulations, and improve maintenance planning.

Key Points: 
  • The new product — Elements: Roadways — provides more than 30 attributes to help inventory roadway features, support safety and compliance regulations, and improve maintenance planning.
  • Roadways is the newest addition to Elements, a product suite of attributes extracted from Vexcel's aerial imagery and geospatial data using AI and machine learning (ML).
  • "We've already been offering our partners and customers AI-derived attributes for more than 100 million properties and buildings in the U.S., as well as 30 other countries," said Erik Jorgensen, CEO of Vexcel Group.
  • Sample datasets of Roadways information were provided to civil engineering firms, like DKS Associates, to evaluate and inventory roadway infrastructure.

Ficosa and indie Semiconductor Partner on AI-based Automotive Camera Solutions for Enhanced Safety

Retrieved on: 
Thursday, January 4, 2024

indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, and Ficosa, a leading global company dedicated to the research, development, production, and marketing of advanced vision, safety and efficiency solutions for the automotive industry, have executed a collaboration agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing.

Key Points: 
  • indie Semiconductor, Inc. (Nasdaq: INDI), an Autotech solutions innovator, and Ficosa, a leading global company dedicated to the research, development, production, and marketing of advanced vision, safety and efficiency solutions for the automotive industry, have executed a collaboration agreement to develop and commercialize automotive camera solutions deploying neural network-based (NN) artificial intelligence (AI) processing.
  • View the full release here: https://www.businesswire.com/news/home/20240104757553/en/
    Ficosa and indie Partner on AI-based Automotive Camera Solutions for Enhanced Safety (Graphic: Business Wire)
    The partnership will leverage Ficosa’s near decade-long expertise as a high-volume vision solution supplier, and indie’s field-proven, proprietary vision processing technology to deliver breakthrough imaging and in-camera object detection performance, particularly for challenging edge sensing applications.
  • The companies intend to sample the first smart camera solutions employing their combined technologies in 2024, and expect to ramp into volume production by 2025.
  • As a result, Ficosa and indie are well positioned to capitalize on the rapid proliferation of smart cameras solutions around the vehicle.”

oToBrite Launches a Comprehensive ADAS Product Portfolio for Heavy Commercial Vehicles to Help Road Safety Toward Vision Zero

Retrieved on: 
Thursday, October 19, 2023

Given that heavy commercial vehicles are more likely to be involved in fatal collisions for vulnerable road users (VRU), the latest European Union General Safety Regulations (GSR) have imposed strict standards on heavy commercial vehicles, including BSIS, MOIS, DMS, and other regulations.

Key Points: 
  • Given that heavy commercial vehicles are more likely to be involved in fatal collisions for vulnerable road users (VRU), the latest European Union General Safety Regulations (GSR) have imposed strict standards on heavy commercial vehicles, including BSIS, MOIS, DMS, and other regulations.
  • Japan has also adopted the same regulation for heavy commercial vehicles staring from BSIS UN R151.
  • The whole idea is to make road safety toward vision zero, and oToBrite endeavors to make it come true.
  • In AUTOMOTIVE WORLD Nagoya - October 25-27, 2023, oToBrite will showcase the comprehensive ADAS product at booth 13-19.

oToBrite Launches a Comprehensive ADAS Product Portfolio for Heavy Commercial Vehicles to Help Road Safety Toward Vision Zero

Retrieved on: 
Thursday, October 19, 2023

Given that heavy commercial vehicles are more likely to be involved in fatal collisions for vulnerable road users (VRU), the latest European Union General Safety Regulations (GSR) have imposed strict standards on heavy commercial vehicles, including BSIS, MOIS, DMS, and other regulations.

Key Points: 
  • Given that heavy commercial vehicles are more likely to be involved in fatal collisions for vulnerable road users (VRU), the latest European Union General Safety Regulations (GSR) have imposed strict standards on heavy commercial vehicles, including BSIS, MOIS, DMS, and other regulations.
  • Japan has also adopted the same regulation for heavy commercial vehicles staring from BSIS UN R151.
  • The whole idea is to make road safety toward vision zero, and oToBrite endeavors to make it come true.
  • In AUTOMOTIVE WORLD Nagoya - October 25-27, 2023, oToBrite will showcase the comprehensive ADAS product at booth 13-19.

Nauto Launches New Telematics Solution, Consolidating AI-Powered Fleet Safety, Risk, and Operations in a Single Solution

Retrieved on: 
Tuesday, October 17, 2023

PALO ALTO, Calif., Oct. 17, 2023 /PRNewswire/ -- Nauto®, the leader in AI-powered safety and operations excellence for commercial vehicles, today announced the introduction of new telematics capabilities offering visibility into vehicle tracking, utilization, misuse and maintenance planning. Nauto's latest offering delivers telematics alongside cutting edge AI-powered driver and vehicle safety capabilities, all on a single device and a single software platform. This streamlined solution curbs the proliferation of devices within the already crowded commercial vehicle cabs, helping fleet operators trim costs and maximize efficiencies. In addition, Nauto has further enhanced its safety capabilities with new detectors that are designed to provide distinct alerts that differentiate between pedestrians, bicyclists, and motorcyclists, when there is a risk detected of colliding with one of these vulnerable road users (VRUs). A sobering statistic from the CDC indicates that in 2021 one in six people who died in crashes were pedestrians while the average size of the verdict in the US trucking industry has gone up by 867% from 2010 to 2018 according to the US Chamber of Commerce Institute of Legal Reform.

Key Points: 
  • Nauto's latest offering delivers telematics alongside cutting edge AI-powered driver and vehicle safety capabilities, all on a single device and a single software platform.
  • This streamlined solution curbs the proliferation of devices within the already crowded commercial vehicle cabs, helping fleet operators trim costs and maximize efficiencies.
  • "We are thrilled to announce the integration of core telematics functionality into our safety platform," said Yoav Banin, Chief Product Officer of Nauto.
  • "With this enhancement, we're streamlining the fleet management experience, offering a comprehensive solution that simplifies the complex landscape of multiple technologies.

Flogistix to Attend ADIPEC

Retrieved on: 
Wednesday, October 4, 2023

OKLAHOMA CITY, Oct. 4, 2023 /PRNewswire/ -- Flogistix, a global leader in vapor recovery and methane abatement solutions, announced today company representatives will be attending the Abu Dhabi International Petroleum and Exhibition Conference (ADIPEC) 2023 October 2-5.

Key Points: 
  • OKLAHOMA CITY, Oct. 4, 2023 /PRNewswire/ -- Flogistix, a global leader in vapor recovery and methane abatement solutions, announced today company representatives will be attending the Abu Dhabi International Petroleum and Exhibition Conference (ADIPEC) 2023 October 2-5.
  • ADIPEC attendees can hear about Flogistix's plan for decarbonization by visiting the company's booth and learning more about their line of vapor recovery units and emissions reduction equipment.
  • "Our participation in ADIPEC supports our company strategy to engage global leaders on the issue of methane emissions," Talton said.
  • Flogistix provides atmospheric solutions that are an effective tool for decarbonization and crucial to providing reliable and affordable energy to the world.

Flogistix to Attend ADIPEC

Retrieved on: 
Wednesday, October 4, 2023

Flogistix, a global leader in vapor recovery and methane abatement solutions, announced today company representatives will be attending ADIPEC 2023 October 2-5.

Key Points: 
  • Flogistix, a global leader in vapor recovery and methane abatement solutions, announced today company representatives will be attending ADIPEC 2023 October 2-5.
  • ADIPEC attendees can hear about Flogistix's plan for decarbonization by visiting the company's booth and learning more about their line of vapor recovery units and emissions reduction equipment.
  • "Our participation in ADIPEC supports our company strategy to engage global leaders on the issue of methane emissions," Talton said.
  • Flogistix provides atmospheric solutions that are an effective tool for decarbonization and crucial to providing reliable and affordable energy to the world.

SaverOne Reports First Half 2023 Results with Strong Revenue Growth

Retrieved on: 
Tuesday, August 29, 2023

PETAH TIKVAH, Israel, Aug. 29, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the first half ended June 30, 2023 and shared some of its recent business updates.

Key Points: 
  • "Given our solid results and the clear potential ahead of us, we are ever more optimistic about our long-term growth.
  • Looking to the second half of 2023, we expect to continue the growth trend from our encouraging first half of the year," concluded Mr. Gilboa.
  • This follows the successful implementation of the system in 100 Isuzu trucks in the first half of 2023.
  • Net loss in the first half of 2023 was NIS 17.8 million (~$4.8 million), compared to NIS 11.9 million (~$3.2 million) for the first half of 2022.