ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

onsemi and Ride Vision Collaborate to Offer Advanced Safety Solutions for Motorcyclists

First-to-market lifesaving Ride Vision is a game changer for two- and three-wheeled vehicles

onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced its collaboration with Israel-based Ride Vision on the development of advanced safety solutions for motorcyclists. Ride Vision’s industry-leading Collision Aversion Technology™ (CAT) for motorcycles uses machine-vision with artificial intelligence (AI) and works based on high-dynamic range data captured by AR0147AT automotive-grade image sensors from onsemi. CAT provides riders with timely warnings about impending dangers on the road, avoiding a high percentage of accidents and helping save lives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221025005982/en/

onsemi and Ride Vision's advanced safety solution easily attaches to motorcycles and provide alerts for blindspots, potential collisions and more. (Photo: Business Wire)

onsemi and Ride Vision's advanced safety solution easily attaches to motorcycles and provide alerts for blindspots, potential collisions and more. (Photo: Business Wire)

Two cameras with AR0147AT image sensors are used in each system, mounted on the front and rear of the bike. The cameras capture high quality images and transmit them to a small onboard processing unit, which uses Ride Vision proprietary and unique algorithms for two- and three-wheeled vehicles to provide riders with 360-degree unobtrusive collision alerts in real time.

“We are excited about what this collaboration will do for the safety of all riders on the road,” said Uri Lavi, CEO and co-founder of Ride Vision. “By combining onsemi’s high-dynamic range sensor family with our own technology, we can offer motorcyclists the highest levels of safety.”

Modern advanced driver assistance systems (ADAS) have been in vehicles for decades and various regulation bodies around the world have passed regulations enforcing the use of safety-orientated technologies aimed at reducing fatalities for car drivers. However, these rules are not enforced for motorcycles users, who suffer more fatalities each year than motorists.

“Motorcycles and riders share the same traffic and weather conditions with other motorists, but they have not yet been able to use the same level of safety mechanisms for protection,” said Chris Adams, vice president and general manager, Automotive Sensing Division at onsemi. “Our work with Ride Vision on this advanced safety solution changes that by providing motorcycles the same high-performance, high-dynamic range image sensors used in passenger cars. Keeping all road users safe is the most important thing to ultimately achieve Vision Zero.”

Ride Vision users can customize the level of alerts they want to receive in a personal app and benefit from accessing three-hour continuous-loop videos of all their rides, which can be used for both insurance and leisure purposes. Ride Vision is currently the only commercial Advanced Rider Assistance System (ARAS) designed for two- and three-wheeled vehicles and is already making waves in selected markets across the world including in Israel, Australia, Germany, Switzerland, Austria and soon, the U.S.

The AR0147AT is part of onsemi’s Hayabusa sensor family that features scalable resolution and high-dynamic range with LED flicker mitigation (LFM) and is in volume production. Contact onsemi’s sales representatives for more information.

About onsemi

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner, and smarter world. onsemi is recognized as a Fortune 500® company and included in the S&P 500® index. Learn more about onsemi at www.onsemi.com.

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.