Company Profile - TASE · were injured in front-back accidents in the US alone. NTSB estimates that...
Transcript of Company Profile - TASE · were injured in front-back accidents in the US alone. NTSB estimates that...
Company Profile
ADAS
• Advanced Driver Assistance Systems, or ADAS, are systems developed to assist drivers to control their vehicles and enhance their safety
• ADAS provides real time alerts such as lane-departure warning, distance alerts, pedestrian and bike riders alerts and other road hazards in order to prevent accidents
• Most ADAS come in the form of embedded hardware and software which is already installed by the car’s manufacturer. Others can be installed by the customer
Case Study –Autonomous Braking System
• USA - The National Transportation Safety
Board (NTSB) aims to compel the auto
industry to install an advanced system, which
interferes automatically if the driver does not
hit the brakes on time and prevents accidents,
especially in urban areas*.
• Autonomous Emergency Braking (AEB) is an
independent breaking system that uses two laser
sensors, a radar and/or camera, which detect a
vehicle, pedestrian or cyclist in front of the car.
Whether the driver does not hit the brakes on
time, or he does not press the brake pedal hard
enough to avoid collision, the system activates
the brakes or intensifies the operation artificially.
• According to NTSB, in 2014, 1,700
people were killed and half a million
were injured in front-back accidents in
the US alone. NTSB estimates that over
80% of these accidents could have been
avoided or occur with less severe results
if the vehicles were equipped with the
AEB system. The Safety Board applies
to the US government to compel the
auto industry to install the system as
soon as possible.
Improving road safety by installing advanced collision avoidance systems
* http://www.thecarconnection.com/news/1098649_ntsb-wants-collision-avoidance-systems-to-come-standard-on-new-cars
Case Study –Autonomous Braking System
• Europe - The Euro NCAP has set a new minimal standard required in
order to obtain the maximum five-star rating in crash tests held by the
organization: starting from next year, automakers will be obligated to install the
AEB system in every car, otherwise the 5-star rating will not be provided.
• According to the research conducted by the organization, cars equipped with
AEB system, which slows the vehicle down or stops it completely as required,
even if the driver does not perform any action, are involved in 38% less front-
back road accidents compared to the cars that are not equipped with such
system**.
Improving road safety by installing advanced collision avoidance systems
** http://www.euroncap.com/en/vehicle-safety/safety-campaigns/2013-aeb-tests/
ADAS Production forecast (2014-2021)
Markets
Safe City
Automotive
GPS
The Internet
Medical
Infra Red
From Military to ADAS Technology
• MAGNA, technology developer and 100% owner of 4eyes, provides its technology to a wide range of large organizations and companies, among them: Israel Defense Forces, International Ben-Gurion Airport, Israel Prison Service, the Israeli Police etc.
• MAGNA also markets its systems to the international markets -Japan, Russia, Singapore, Mexico and more.
• 4eyes is based on a military oriented technology, the fruit of 12 years development process, which is adapted to civilian use.
The market today – using a single camera
• Most existing technologies rely on cameras and
sensors installed in the vehicle
• These technologies provide alerts by using 2D
motion sensors -indications of dangers detected
in front and rear parts of the car
• MOBILEYE (NYSE: MBLY) with market value of 12.5
billion dollars, uses a single view camera and an
image sensor that provides incoming video
frames and image which are processed by a vision
system on a cheap.
• AWACS system ,developed by SDS, combines a
single camera and radar system installed at the
forefront of the vehicle.
• Both systems use a single camera and lack the 3D
image that can only be achieved by our unique
camera technology & algorithms.
תמונה
• Founded by Mr. Haim Siboni (entrepreneur and CEO) and Mr. LevyZruya (Chief Scientist and founder)
• Developed a passive optical radar to support drivers by providingpre-crash alerts, range estimation and wide field of view
• 4eyes technology is based on advanced algorithms and 3Dtechnology intended to provide a better and more accurate solutionthan existing systems
• The company has recently completed the development of herDistance warning system prototype
Stereoscopic detection vs. single camera detection
Single camera system Competitors
4EYESTopic
Algorithm dependent, relatively highNear to 100%Probability of detection
Significantly highNon significantFalse alarm rate
Coarse measure onlyWith high precisionVehicle dimensions estimation
Significant errorWith high precisionVehicle distance estimation
Cannot filterCan filterShadows on the road
Not effectiveeasyFiltering unwanted objects
Cannot determineEasily determined Objects in the air
Our TechnologyStereoscopic detection
Product Pipeline
Autonomous driving system
Anti-glare system
Distance warning system
Automatous braking system
Real-time tire control system
A system alerting driver’s tendency to doze off
Business Model
Collaborating
with vehicle manufacturers
System integrators and other service providers
to end-users through distributorsDirect selling
Collaborating
Going Public
The company recently signed MOU to be merged with a company traded on the Tel Aviv Stock Exchange
Upon merge completion, Magna will hold 60% shares of the merged traded company, and it will have at least 5M ILS for R&D and its ongoing activities