Foresight enhances drone tech with NVIDIA Orin platform

NESS ZIONA - Foresight Autonomous Holdings Ltd. (NASDAQ:TASE: FRSX), an innovator in 3D perception systems with a market capitalization of $13.08 million, has integrated NVIDIA Jetson Orin computing platforms into its technology to advance the capabilities of autonomous drones and unmanned aerial vehicles (UAVs). This move, initially announced on February 24, 2025, employs NVIDIA Jetson Orin Nano and NVIDIA Jetson AGX Orin platforms to improve real-time data processing and obstacle detection. According to InvestingPro analysis, the company maintains strong gross profit margins of over 60% and is expected to see significant sales growth of nearly 26% this year.

The NVIDIA Jetson Orin Nano is designed for small, lightweight drones, focusing on artificial intelligence (AI) performance and energy efficiency. It aims to reduce power consumption while maintaining high performance, which is particularly beneficial for large-scale or remote-area drone applications.

For more demanding performance requirements, the NVIDIA Jetson AGX Orin can deliver up to 275 trillion operations per second (TOPS), facilitating advanced obstacle detection and precise terrain mapping in complex environments.

Foresight’s 3D perception systems utilize both visible light and thermal long-wave infrared cameras, allowing for environmental perception in various conditions, including low-light, fog, and extreme weather. These systems are crucial for applications requiring reliable and precise environmental understanding, such as search and rescue operations and agriculture monitoring.

Foresight, through its subsidiaries, develops vision systems and accident-prevention solutions for automotive, defense, autonomous vehicles, and heavy industrial equipment sectors. Its Eye-Net Mobile’s cellular-based solutions provide real-time pre-collision alerts by incorporating AI technology and advanced analytics to enhance road safety. Trading at $0.71 per share, InvestingPro analysis suggests the stock is currently undervalued, with 16 additional key insights available to subscribers, including detailed financial health metrics and growth projections.

This press release contains forward-looking statements regarding the potential benefits of the NVIDIA Jetson Orin platforms and Foresight’s products, particularly for autonomous drones and UAVs. These statements are subject to risks and uncertainties, and actual results may differ from those projected. Investors should note that the company’s next earnings report is scheduled for March 27, 2025, with analysts expecting improved financial performance. For comprehensive analysis and real-time updates, visit InvestingPro.

The information is based on a press release statement from Foresight Autonomous Holdings Ltd.

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