Foresight Autonomous Holdings Ltd. announced the signing of a joint proof of concept (POC) project with an American subsidiary of a leading European passenger car manufacturer. The project is meant to test Foresight’s stereoscopic technology abilities to enhance the vehicle manufacturer’s existing active safety features without requiring additional sensors and infrastructure. Following successful completion of the project and satisfactory outcome, the vehicle manufacturer may consider integrating Foresight’s solutions into its vehicle safety applications. The project, which is based on a predefined technological statement of work, consists of two phases: a feasibility testing phase followed by a simulation and real-life testing phase. Total expected consideration for the POC is up to $120,000. The proof of concept project is made possible with Foresight’s patented automatic calibration solution that is designed to create a stereo system using two mono cameras with overlapping fields-of-view in order to enhance a vehicle’s Advanced Driver Assistance System’s performance in terms of detection quality, distance accuracy and robustness.