Foresight Autonomous Holdings Ltd. announced the signing of a co-development collaboration agreement with leading Korean Tier One automotive supplier KONEC Co. Ltd., sponsored by the Foundation of Korea Automotive Parts Industry Promotion (?KAP?), founded by Hyundai Motor Group, to integrate Foresight?s ScaleCam 3D perception technology into a conceptual autonomous driving vehicle. This collaboration leverages KONEC?S expertise in developing advanced automotive systems with KAP's mission to foster innovation within the automobile parts industry.

The project will incorporate Foresight?s 360° 3D perception technology, enabling the conceptual autonomous driving vehicle to accurately perceive its surroundings. The successful integration of ScaleCam has the potential to significantly enhance the capabilities and safety of autonomous vehicles. Foresight?s ScaleCam, a cutting-edge 3D perception solution based on stereoscopic technology, is driven by advanced and proven image processing algorithms. ScaleCam provides seamless vision by using two visible-light cameras allowing highly accurate and reliable obstacle detection capabilities.