China’s Shandong Research Institute and Israel-based Foresight Autonomous Holdings have agreed to jointly develop an obstacle detection system and all-weather, high-positioning for unmanned vehicles based on multi-sensor fusion.
This collaboration is the latest in a series of projects that Foresight have secured in China in the last 12 months as the company expands its presence in the country as part of its goal to be a dominant player in the Asia Pacific’s automotive market.
The new system to be developed together with Shandong Research Institute will combine Foresight's stereoscopic technology (using both visible light and thermal cameras), radar, and the laser scanning technology LiDAR, as well as Beidou Tech's vehicle navigation and positioning system.
Beidou Tech is one of the owners of Shandong Research Institute, which is engaged in the research of high-precision seamless positioning, real-time accurate regeneration of scene targets, and control of scene target position.
The new collaboratively produced system is expected to provide vehicle manufacturers with multi-sensor intelligent navigation to deploy in smart transportation, active safety automotive systems, and unmanned driving.
The resulting system is intended for use in autonomous vehicles, trucks, passenger cars, and other vehicles in Shandong Province, China.
With the signing of the MOU to seal the collaboration between Shandong Research Institute and Foresight, the Chinese parties applied for the endorsement and financial support of the province to underwrite the project.
Meanwhile, both Shandong Research Institute and Foresight intend to negotiate a definitive agreement to develop the above-mentioned system and to establish a joint venture in Shandong.