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Gauzy’s Advanced Driver Assistance Systems (ADAS) Enhances Public Safety at the 2024 Paris Olympics With More Than 11 Million Expected Visitors
Reducing accident costs by up to 40%, Gauzy’s Smart-Vision CMS (camera monitor system) deployed on buses city wide extends on-road visibility to mitigate
About this update from Gauzy Ltd.
[{"type":"text","content":"Reducing accident costs by up to 40%, Gauzy’s Smart-Vision CMS (camera monitor system) deployed on buses city wide extends on-road visibility to mitigate blind spots, preventing life threatening collisions and protecting vulnerable road users\nTEL AVIV, Israel, July 17, 2024 (GLOBE NEWSWIRE) -- Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a leading developer and manufacturer of Advanced Driver Assistance Systems (ADAS), today announced the implementation of its cutting-edge ‘Smart-Vision’ Camera Monitoring System (CMS) on a portion of the city of Paris’s buses, beginning with the 2024 Olympics. According to Paris 2024 Olympic and Paralympic Games Organizing Committee and Île-de-France Mobilités, the key goal this year is to enable every spectator to get to the Olympic and Paralympic venues using public transport. With an expected 11.3 million visitors according to Je t'aime, Paris’ official tourism board, including athletes, tourists, and spectators from around the world, Gauzy's innovative technology aims to play a crucial role in reducing the risk of on road accidents to enhance public safety with its products that mitigate blind spots and optimize drivers' visibility in city buses. Gauzy's innovative Smart-Vision CMS technology replaces traditional side mirrors with high-definition cameras and interior displays, providing bus drivers with a comprehensive view of their surroundings. The product is currently implemented in city buses by some of the world’s leading OEMs, such as Man, Irizar, Scania, Hess, and Van Hool. This advanced system significantly improves situational awareness, enabling drivers to detect pedestrians, cyclists, vulnerable road users (VRUs) and other vehicles with greater ease to reduce accidents. According to a study conducted by Geneva Public Transport, Gauzy’s Smart-Vision is proven to reduce costs associated with accidents by up to 40%. \"As Paris welcomes the world for the 2024 Olympics, the safety and efficiency of public transportation become even more paramount,\" said Eyal Peso, CEO and Co-Founder of Gauzy. \"Our Smart-Vision CMS technology is designed to address the unique challenges of urban driving, particularly in a bustling city like Paris with an influx of occupants. We are proud to contribute to the safety of the city's residents and visitors during this significant event.\" Gauzy i...