Foresight Autonomous Holdings Ltd · TASE:FRSX
Foresight Autonomous — Investor Presentation (February 2022)
23 slides from Foresight Autonomous's investor presentation, February 2022
Slide 1: Foresight Autonomous
FORESIGHT AUTONOMOUS NASDAQ/TASE - FRSX February 2022 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation of Foresight Autonomous Holdings Ltd. (“Foresight” or 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,” “pl
Slide 3: Structure
STRUCTURE 92.64%* 7.36%* Public Float Foresight Autonomous Holdings (FRSX) 100% 19.36% Vision-based accident AUTOMOTIVE prevention and autonomous AUTOMOTIVE driving systems 100% Vision-based systems for railway safety, security and Cellular-based V2X system maintenance MOBILE *As of January 31, 2022
Slide 4: Financials
FINANCIALS NASDAQ– FRSX SHARES OUTSTANDING* MARKET CAP 322.65 million shares $202 million* 64.53 million ADS** CASH* GAAP SHAREHOLDERS’ $49 million EQUITY* $51.9 million *As of September 30, 2021 ** 1 ADS = 5 ordinary shares 4
Slide 5: Foresight Automotive at a Glance
FORESIGHT AUTOMOTIVE AT A GLANCE Advanced Safety Driver Assistance and Autonomous Driving Vision Solutions Employees ~75 Mainly R&D Core Technology Software & Algorithms 10 Mature Technology Value Proposition adapted from operational Patents surveillance applications 3D perception stereo solutions T
Slide 6: Technology – The Basics – Stereoscopy
TECHNOLOGY – THE BASICS – STEREOSCOPY Uses two synchronized cameras to generate a depth map and provide accurate obstacle detection and classification • Detection of ANY object • Accurate size, location and distance of object. • Adding deep neural networks (DNN) for object recognition • Classificati
Slide 7: 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 7
Slide 8: Technology - Infrared Thermal Cameras
TECHNOLOGY - INFRARED THERMAL CAMERAS Relies 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 8
Slide 9: Market Trends – Stretching Sensor Capabilities
MARKET TRENDS – STRETCHING SENSOR CAPABILITIES Traditional Stereo Systems Foresight’s Stereo Separated Cameras Rigid beam mounting Separated cameras Advantage of camera separation: Longer distances Higher distance accuracy Flexible placement / easy installation Visible and IR cameras 9
Slide 10: Market Trends – Enhancing Existing ADAS Systems
MARKET TRENDS – ENHANCING EXISTING ADAS SYSTEMS From Existing Mono Cameras with Different Fields of View (FOV) ➢ Value Proposition: • Leverage existing mono cameras to create stereo pairs • Enhance detection and robustness and add additional safety layer Narrow FOV • Software-only solution ➢ Benefit
Slide 11: Market Trends – EV & Autonomous Vehicles
MARKET TRENDS – EV & AUTONOMOUS VEHICLES Electric Vehicles tightly linked to Autonomous Vehicles Regulation – global move towards EVs Passive technology - less energy consumption 11
Slide 12: Markets
MARKETS Autonomous Vehicles Military Vehicles Industrial Vehicles 12
Slide 13: Market Traction – Customer Engagements
MARKET TRACTION – CUSTOMER ENGAGEMENTS Commercial agreement with Elbit System Successfully completed proof of concept (POC) with a leading European OEM Conducting multiple POC projects with leading OEM/Tier 1’s in North America, Japan, Europe and China 16 Prototype kits delivered to OEM/Tier 1’s wor
Slide 14: Market Traction – Partners/Customers
MARKET TRACTION – PARTNERS/CUSTOMERS Leading European OEM 14
Slide 15: Chinese Market
CHINESE MARKET China is largest automotive market in the world* Backed up with strong government support and shifting to global vehicle export Looking for disruptive technology to enable high level of autonomy Latest market traction: Established a fully owned local subsidiary in China – Foresight Ch
Slide 16: Sales Cycle
SALES CYCLE Sales Cycle Design Win Mass Production WE Co-Development Paid Proof of Engagement Concepts (prototypes, tests & roadshows) 16
Slide 17: Eye-Net Mobile at a Glance
EYE-NET MOBILE AT A GLANCE Cellular-based V2X accident prevention solution (C-V2X) Employees 17 Mainly R&D Core Technology Software & Algorithms Value Proposition 5 Provide real-time alerts about Patents predicted collisions in all Founded: weather and lighting conditions 100% fully owned 2018 by Fo
Slide 18: Market Traction
MARKET TRACTION • 1st commercial agreement – with SaverOne 2014 Ltd. to integrate & commercialize Eye-Net into their solution for cell phone distracted driving • Multiple pilot projects in Japan with leading Japanese multinational companies, for example: • Integration into an OEM vehicle for a smart
Slide 19: How Eye-Net Protect Works
HOW EYE-NET™ PROTECT WORKS Each of the installed The Eye-Net™ The Eye-Net™ Once a potential mobile devices is servers send the application collision is aware of its location location of other constantly searches detected, and constantly devices in the for potentially immediate visual transmits it to
Slide 20: Rail Vision at a Glance
RAIL VISION AT A GLANCE Obstacle detection & classification systems for the railway industry Employees Core Technology 65 Electro Optics, Deep Learning Software & Hardware Value Proposition Founded: Provide high-end solutions to 2016 Market Traction the core challenges of the rail industry • First c
Slide 21: About Rail Vision
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 investment by
Slide 22: Company Highlights
COMPANY HIGHLIGHTS Game changing software-oriented computer vision approach, advancing ADAS and autonomous driving solutions Proprietary auto calibration and fusion solutions drive superior range and detection across weather conditions Strong IP protection across the entire suite of technology offer
Slide 23: Thank You!
THANK YOU! Info@foresightauto.com www.foresightauto.com 23
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