RA’ANANA, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), a development stage technology company seeking to revolutionize railway safety and the data-related market, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. “In 2023, while we faced challenges and were presented with new business... Read more
SAN JOSE, Calif. / Mar 28, 2024 / Business Wire / Cepton, Inc. (“Cepton”) (Nasdaq: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, today announced business updates and financial results for the fourth quarter and full year ended December 31, 2023. “We are building upon our extensive OEM project experience in commercializing automotive grade lidars, in collaboration with our tier 1... Read more
Alstom is a French multinational rolling stock manufacturer that operates in rail transport markets worldwide Ra’anana, Israel, March 26, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced it has received an approval from Alstom SA, a global leading rolling stock... Read more
As a result of the successful completion of the POC, the parties will initiate sales efforts with SoftBank's key business partners for commercial validation Ness Ziona, Israel, March 22, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision solution, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), announced... Read more
Volkswagen and Mobileye bring new automated driving functions to series production Mobileye provides technologies based on the Mobileye SuperVision™ and Mobileye Chauffeur™ platforms Audi, Bentley, Lamborghini and Porsche will use these series developments to rapidly bring new, premium-oriented driving functions to their model portfolios Mobileye set to supply further technology components for autonomous driving... Read more
Eye-Net targets integration into the vehicle manufacturer’s existing ADAS systems Ness Ziona, Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has received an additional order for a paid development project from a leading global... Read more
PALO ALTO, Calif., March 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) today announced a strategic partnership to create a best-in-class intelligent driving experience utilizing Hesai's next generation of high-performance automotive lidar products. This agreement builds upon Hesai and Leapmotor's ongoing... Read more
QUEBEC CITY, March 13, 2024 /CNW/ - LeddarTech Holdings Inc. ("LeddarTech") (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is thrilled to announce a collaboration with Arm with a view to delivering the next generation of advanced driver assistance systems... Read more
Ra’anana, Israel, March 11, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that it has received an order for its AI-driven Switch Yard System from a Class 1 freight rail company in the US. The freight rail company, which is one of the largest in North America, will install... Read more
This commercial installation follows the purchase of 10 Rail Vision Main Line Systems Ra’anana, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, has announced the first commercial installation of its AI-driven Main Line Systems in a... Read more
Selected by Daimler Truck for Series Production Program with an Order Book* of $1Bn Announced and Demonstrated Atlas, World’s First Automotive-Grade 4D LiDAR for Mass Production Growing Momentum in Automotive with Multiple Passenger Vehicle RFQs, Including with a New Global Top 10 Passenger Vehicle OEM MOUNTAIN VIEW, Calif. / Mar 05, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation... Read more
Rail Vision uses the NVIDIA Jetson and other NVIDIA edge AI platforms in its advanced railway safety systems Ra’anana, Israel, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announces that it is joining NVIDIA Metropolis, a partner program, application framework, and... Read more
Full year 2023 revenues of approximately $21M exceeded guidance with year-over-year growth of 246% Q4 2023 revenues of approximately $15M exceeded guidance with 328% growth quarter-over-quarter and 846% growth year-over-year Strong revenue growth coupled with disciplined cost management led to the lowest quarterly cash burn since becoming a public company, finishing the year with approximately $150 million in... Read more
Ra’anana, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced a significant advancement through the successful approval and compliance of its Main Line system for operation across the European Union (EU). This achievement, which was recently announced, sets a new... Read more
This commercial installation follows the purchasing of 10 Rail Vision Main Line Systems for $1.4 million Ra’anana, Israel, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, today announces the first ever commercial installation of its AI-driven Main Line... Read more
Ra’anana, Israel, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, has introduced its next generation AI-based computer designed enhance railway safety and prevent accidents. This advanced technology marks a significant step forward in the realm of railway safety, leveraging... Read more
MENLO PARK, Calif., Feb. 7, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), has announced the release of its Auto-unhitch capability, a hands-off solution for our industrial autonomous vehicles to drop off cargo. This new feature enables organizations to automate the entire tugging workflow, enhancing operational efficiency and bringing greater value to customers. To tap into... Read more
The company received certification for its design and assembly of Lidar, Perception SW and Lidar solutions, further solidifying its position as a trusted Tier-1 supplier TEL AVIV, Israel, Feb. 6, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced... Read more
Paving the Way for Future Collaborations: Exploring Next Steps in Integrating Foresight's Advanced Automatic Camera Calibration Solution Ness Ziona, Israel, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision solutions, announced today the successful completion of two proof of concept (POC) projects with... Read more
India has the fourth largest railway network with over 22,593 operating trains with a daily passenger count of 24 million passengers and 203.88 million tons of freight Ra’anana, Israel, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced it was granted a patent... Read more
The new development offers high performance and real time artificial intelligence deep learning inference Ness Ziona, Israel, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight”), an innovator in automotive vision systems, announced today that its affiliate, Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision”) revealed its next generation artificial intelligence... Read more
The new development offers high performance and real time AI deep learning inferencing Ra’anana, Israel, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announces its next generation AI- based computer to be incorporated in its Main Line and Switch Yard systems. This... Read more
Cyngn has been granted 16 patents in 2023, bringing the total US patents granted to 19 MENLO PARK, Calif., Jan. 29, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent, US-11,851,074-B2, for the Company's autonomous vehicle (AV) and driving... Read more
MENLO PARK, Calif., Jan. 25, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced a strategic shift to Nvidia AI computers that will revolutionize the technology powering its fleet of DriveMod autonomous industrial vehicles. Following the path Tesla took with its Autopilot hardware, the company is embarking on an... Read more
Revenue increased 13% year over year to $637 million in the fourth quarter, consistent with the preliminary results provided on January 4th, 2024. Operating Income and Adjusted Operating Income improved significantly versus the fourth quarter of 2022. Actual results were consistent with the preliminary results provided on January 4th, 2024. Diluted EPS (GAAP) was $0.08 and Adjusted Diluted EPS (Non-GAAP) was... Read more
Compliance and homologation pave the way for rapid adoption of Rail Vision's Main Line system across the vast EU market Ness Ziona, Israel, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight”), an innovator in automotive vision systems, announced today that its affiliate, Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision”) has received formal certifications for... Read more
The rail contractor signed a supply contract for Rail Vision’s AI-based Switch Yard Systems Ness Ziona, Israel, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight”), an innovator in automotive vision systems, announced today that its affiliate, Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision”) has signed a supply contract with a leading US-based rail and... Read more
Paid pre-order agreement from Arauco for 100 DriveMod Forklifts, potentially represents up to $5 million per year in recurring revenue. Valuable deployment with US Continental, a California-based manufacturer. Added two new vehicle types: Partnership with BYD to develop autonomous DriveMod Forklifts and partnership with Motrec, to launch autonomous DriveMod Tuggers. Initial deployments with several big... Read more
BEIJING / Jan 22, 2024 / Business Wire / HiRain Technologies, a system provider of intelligent driving solutions to automakers in China, proudly announces the upcoming production of the Mobileye EyeQ™6 Lite based ADAS system, poised to debut in China in the second quarter of 2024. This marks a significant stride in advancing automotive safety and comfort features. The EyeQ6, the newest member of Mobileye's... Read more
Compliance and homologation sets the stage for accelerated adoption of Rail Vision's Main Line system across the vast EU market Ra’anana, Israel, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that its Main Line system has successfully obtained formal... Read more
Ra’anana, Israel , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (the “Company”) (Nasdaq: RVSN), a technology company seeking to revolutionize the railway safety market, announced today that a leading US-based rail and leasing services company signed a supply contract with Rail Vision valued at up to $5,000,000 (USD) for the purchase of Rail Vision’s AI-based Switch Yard Systems. "The signing of the... Read more
Unveiled a concept of the Official FIA F1® Safety Car equipped with Luminar technology as an extension of existing work with Mercedes-Benz for their production vehicle lineup Debuted Luminar’s Automatic Emergency Steering (AES) Software with Iris+ LiDAR integration, running on the same automotive-grade NVIDIA DRIVE Orin processors used for production vehicles Debuted Luminar 3D Maps and Automated Valet features;... Read more
Partnership Leverages Luminar’s Technology to Enable the World’s Safest Safety Car. A vision of the Official FIA F1® Safety car, the Mercedes-AMG GT Black Series, will be on display at CES 2024 in Luminar’s booth (West Hall 5917). LAS VEGAS / Jan 09, 2024 / Business Wire / Leading global automotive technology company Luminar and the Mercedes-AMG PETRONAS F1 Team today announced a new strategic collaboration that... Read more
LAS VEGAS / Jan 09, 2024 / Business Wire / Mobileye, a pioneering, AI-powered Advanced Driver Assistance Systems (ADAS) technology company, is expanding its existing relationship with Mahindra & Mahindra Ltd. (M&M), a leader in automotive, farm and services businesses. Mobileye will collaborate with M&M to introduce multiple solutions based on Mobileye's next-generation EyeQ™6 systems-on-chip and sensing... Read more
One of the World’s Leading Commercial Vehicle Manufacturers Transitions to Aeva 4D LiDAR Technology to Enable Safer Autonomous Trucking Daimler Truck Represents the First Publicly Announced Top Automotive OEM Production Customer of Aeva Atlas, Aeva’s Newest Automotive-Grade 4D LiDAR Designed for Mass Production LEINFELDEN-ECHTERDINGEN, Germany & BLACKSBURG, Va. & MOUNTAIN VIEW, Calif. / Jan 09, 2024 /... Read more
Since August 2023, Cyngn has been granted eight additional patents, bringing the total U.S. patents granted to 18. MENLO PARK, Calif., Jan. 9, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced the issuance of a new patent, US-11,837,090-B2, for the Company's autonomous... Read more
Powered by New Aeva Silicon Innovations Including CoreVision Next-gen Lidar-on-Chip Technology and Aeva X1, New System-on-Chip Processor MOUNTAIN VIEW, Calif. / Jan 08, 2024 / Business Wire / Aeva® (NYSE: AEVA), a leader in next-generation sensing and perception systems, today introduced Aeva Atlas™, the first 4D LiDAR sensor designed for mass production... Read more
Mobileye automated driving tech slated for use across multiple global brands and 17 new models, starting from 2026 LAS VEGAS / Jan 08, 2024 / Business Wire / Mobileye (Nasdaq: MBLY) announced today that it has been awarded a series of production design wins by a major Western automaker. Under these design wins, multiple global brands are expected to implement new automated driving solutions using Mobileye’s... Read more
World’s slimmest lidar packs Cepton’s groundbreaking MagnoSteer™ technology and proprietary ASIC chipset, enabling an unprecedented combination of 300 m range and 0.05° resolution at 12 W power consumption SAN JOSE, Calif. / Jan 08, 2024 / Business Wire / Cepton, Inc. (“Cepton” or the “Company”) (Nasdaq: CPTN), a Silicon Valley innovator of high-performance lidar solutions, announced today the unveiling of its... Read more
Aurora and Continental reach key development milestone of exclusive partnership: Completion of blueprint and design of the future Aurora Driver hardware and fallback system Companies release a roadmap to the planned Start of Production (SOP) in 2027 based on detailed development plans and key milestones Lineside integration: As part of the roadmap to 2027, Continental will work closely with and directly ship the... Read more
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