Foresight Autonomous Holdings Ltd · TASE:FRSX
Foresight Autonomous — Investor Presentation (July 2021)
21 slides from Foresight Autonomous's investor presentation, Jul 27, 2021
Slide 1: Foresight Autonomous
FORESIGHT AUTONOMOUS 1 NASDAQ/TASE - FRSX July 2021
Slide 2: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS 2 This presentation of Foresight Autonomous Holdings Ltd. (the “Company”) contains “forward - looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “be
Slide 3: Structure
STRUCTURE 11 %* 89 %* Public Float 100 % 19 . 36 % Vision - based accident prevention and autonomous driving systems Cellular - based V2X system Vision - based systems for railway safety, security and maintenance Foresight Autonomous Holdings (FRSX) 100% AUTOMOTIVE *As of June 30, 2021 3 MO B ILE
Slide 4: Financials
FINANCIALS NASDAQ – FRSX MARKET CAP $400 million* SHARES OUTSTANDING* 322.2 million shares 64.4 million ADS** CASH* $56.5 million GAAP SHAREHOLDERS’ EQUITY* $58 million 4 *As of March 31, 2021 ** 1 ADS = 5 ordinary shares
Slide 5: Foresight Automotive at a Glance
FORESIGHT AUTOMOTIVE AT A GLANCE Advanced Safety Driver Assistance and Autonomous Driving Vision Solutions Employees ~70 Mainly R&D Traded: TASE, NASDAQ (FRSX) 9 P a t e n ts Founded: 2 0 1 5 Core Technology Software & Algorithms Mature Technology adapted from operational surveillance applications V
Slide 6: Industry Challenge
INDUSTRY CHALLENGE All Obstacle Detection RAINY NIGHT FOG GLARE RAIN SNOW Harsh Weather Conditions 6
Slide 7: Technology – The Basics – Stereoscopy
TECHNOLOGY – THE BASICS – STEREOSCOPY Uses two synchronized cameras to generate a depth map and provide accurate obstacle detection and classification Depth Map Visible Cams • Detection of ANY object • Accurate size, location and distance of object. • Adding deep neural networks (DNN) for object rec
Slide 8: Technology - 3D Passive Point Cloud
TECHNOLOGY - 3D PASSIVE POINT CLOUD Provides 3D data for obstacle detection, terrain analysis and sensor fusion • Generates an accurate depth map for both visible and LWIR spectrum • Converted to a high - resolution 3D point cloud • Provides rich and accurate per pixel information 8
Slide 9: Technology - Infrared Thermal Cameras
TECHNOLOGY - INFRARED THERMAL CAMERAS Rely on emissivity of different objects, as opposed to sensors of other systems, which rely only on reflective light • Detection in harsh weather and lighting conditions • Native detection of pedestrians and animals 9
Slide 10: Market Trends – Enhancing Existing ADAS Systems
MARKET TRENDS – ENHANCING EXISTING ADAS SYSTEMS Creating a stereo pair using existing mono cameras with different fields of view (FOV) Narrow FOV W id e F O V Overlapping FOV - Stereo Area Na r r o w FOV W ide FOV 10
Slide 11: Autocalibration – Foresight's Innovation
AUTOCALIBRATION – FORESIGHT’S INNOVATION Rigid beam mounting Separated cameras Advantage of camera separation: • Longer distances • Higher distance accuracy • Flexible placement / Easy installation • Visible and IR cameras Traditional Stereo Systems Foresight’s Stereo Modularity 11
Slide 12: Markets
MARKETS Passenger Vehicles Military Vehicles Industrial Vehicles Commercial Vehicles 12
Slide 13: Market Traction – Customer Engagements
MARKET TRACTION – CUSTOMER ENGAGEMENTS First commercial agreement with Elbit System 14 Prototype kits delivered to OEM/Tier 1’s worldwide Dozens of leads with OEMs/Tier 1’s First paid POC with leading European OEM Strategic cooperation agreements with key industry players 13
Slide 14: Market Traction – Partners/Customers
MARKET TRACTION – PARTNERS/CUSTOMERS 14
Slide 15: Sales Cycle
PAID POC/ Co - Development Design Win Prototypes Mass P r oduction SALES CYCLE 15
Slide 16: Eye-Net Mobile at a Glance
Value Proposition Provide real - time alerts about predicted collisions in all weather and lighting conditions EYE - NET MOBILE AT A GLANCE Cellular - based V2X accident prevention solution Employees 11 Mainly R&D 100% fully owned by Foresight Automotive 2 P a t e n ts Founded: 2 0 1 8 Core Technolo
Slide 17: How Eye-Net Protect Works
HOW EYE - NET Œ PROTECT WORKS Each of the installed mobile devices is aware of its location and constantly transmits it to Eye - Net Ρ servers 1 The Eye - Net Ρ servers send the location of other devices in the vicinity to each device, effectively making devices aware of the road users around it The
Slide 18: Market Traction
MARKET TRACTION • 1 st commercial agreement – with SaverOne to integrate & commercialize Eye - Net into their solution for cellphone distracted driving • Three pilot projects in Japan with leading Japanese multinational companies for possible: • Integration into an OEM vehicle for smart city project
Slide 19: Rail Vision at a Glance
Value Proposition Provide high - end solutions to the core challenges of the rail industry RAIL VISION AT A GLANCE Obstacle detection & classification systems for the railway industry FRSX owns 19.36% of Rail Vision Employees 65 Founded: 2016 Core Technology Electro Optics, Deep Learning Software &
Slide 20: About Rail Vision
20 ABOUT RAIL VISION • Technology company engaged in the design, development and manufacture of the first cognitive vision and safety system for the railway industry • Main focus: Safety: State - of - the - art long - range obstacle detection system Provide condition - based maintenance • Strategic
Slide 21: Thank You!
THANK YOU! Info@foresightauto.com www.foresightauto.com 21
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