ELS 4.35% 42.0¢ elsight limited

More detail provided about Elsight and their technology partner...

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    More detail provided about Elsight and their technology partner with autonomous vehicles amongst a host of other info.

    "The third topic of interest was autonomous vehicles and the critical area of v2v and v2x communication. Elsight provides an essential component for the successful operation of autonomous vehicles, guaranteeing the ability for super high bandwidth, two-way communications over a military grade secured transmission device. The system simultaneously prevents hacking or malicious takeover of the vehicle while allowing the components to communicate in real-time with the command and control centre. This ensures that up-tothe-millisecond information about road conditions, weather, interactions with other vehicles, pedestrians in the road, etc. can be communicated and processed to ensure the safety and security of the car’s occupants and the vehicles around it. To illustrate these futuristic needs and capabilities, one of Elsight’s technology partners gave a fascinating video demonstration of their one-of-a-kind capability of understanding video produced by a single camera installed in a vehicle. Mr. Igal Raichelgauze, co-founder and CEO of Cortica demonstrated how, while driving on the road, their system was able to make the needed distinction between people, cars, public buses and bikes and predict their specific behaviour on the road. The combined technologies of these two companies can offer a true breakthrough not only in the area of autonomous vehicle pioneering, but also in areas of face-recognition, Homeland Security (HLS), Safety in Construction, and retail store analytics."

    This company is so exciting and brilliant and its going to be massive.

    A definite takeover target. And for big $.

    Looking forward to catching up with the company in a few weeks.
 
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