#mobileye

On-road testing of the shuttles is set to start in France and Israel next year, with commercial services expected in 2023, the partners said in the announcement last week.

“Our collaboration with Transdev ATS and Lohr Group serves to grow Mobileye’s global footprint as the autonomous vehicle (AV) technology partner of choice for pioneers in the transportation industry,” said Johann Jungwirth, vice president of Mobility-as-a-Service at Mobileye. “Mobileye, Transdev ATS and Lohr Group are shaping the future of shared autonomous mobility, and we look forward to bringing our self-driving solutions to regions all over the world.”

The three companies said they aim to improve the efficiency and convenience of mass transportation solutions and make autonomous mobility a daily reality in transportation networks, while lowering costs and improving customer experiences.

10 Breakthrough Technologies 2017: Reinforcement Learning

By experimenting, computers are figuring out how to do things that no programmer could teach them.

In the 12th Jan 20 edition of Israel’s good news, the highlights include:

Israeli scientists make a molecule to prevent viruses spreading from rodents to humans.

Israel sends aid and volunteers to combat disasters in Australia and Puerto Rico.

Israeli innovations win awards and praise at CES 2020 in Las Vegas.

An Israeli startup is developing a waste-to-energy system.

A record number of tourists visited Israel in 2019.

A million Israelis watch the start of the 3rd season of Israeli TV series Fauda.

Archaeologists find 2nd Temple period coins and stone measuring table.

Read More: Good News From Israel

Amnon Shashua and Ziv Aviram, the founders of Mobileye, one of Israel’s biggest companies acquired by Intel for $15.3 billion for its groundbreaking vision-based driver-assistance system, have also been advancing another vision-based assistive product, which Aviram told Reuters earlier this year “has the potential to be even bigger.”

The product is so highly regarded, in fact, that the company, OrCam, was valued at $1 billion in February, after completing a $30.4 million funding round that brought its total amount raised to $130.4 million. All this for a portable, finger-sized device that can be discreetly clipped to eyeglasses or sunglasses. There have been several versions of the device, with MyEye first making its debut in 2011 and MyEye 2.0 launched last year.

It’s a game-changer for the visually-impaired who want to be able to freely move about with everyday tasks without calling attention to themselves, says OrCam Director of Media and Communications Rafi Fischer.

The Jerusalem-based company is “return[ing] independence to the user,” Fischer tells NoCamels.

Israel-based transit data company Moovit announced this week that it raised $50 million in a funding round led by Intel, and that it was partnering with Mobileye, the Jerusalem-based tech company that develops cutting-edge driving-assistance technologies and which was acquired last year by Intel for over $15 billion – the biggest exit by an Israeli company to date.

The details of the partnership are sparse – Moovit will incorporate its public transport data into Mobileye’s navigation system, according to a press statement – but the collaboration is expected to “improve the world’s urban mobility,” VP Head of Global Communications at Moovit Steve Swasey tells NoCamels.

In the 2nd Apr 17 edition of Israel’s good news, the highlights include:

·         Israeli scientists have discovered a treatment for previously incurable cancers. ·         Three inspiring transplant news stories. ·         40% of child cancer patients at an Israeli hospital are Palestinian Arabs. ·         Israel is fueling a cement factory with energy from garbage. ·         10 airlines are about to commence scheduled services to Tel Aviv. ·         Intel buys Mobileye for $15 billion - Israel’s biggest ever hi-tech exit. ·         Britney Spears announced she will perform in Tel Aviv on July 3. ·         Israeli archaeologists believe they have found the grave of Ibn Ezra.

In the 8th Jan 17 edition of Israel’s good news, the highlights include:

·         Israeli treatments are saving lives – and the BBC reluctantly admits it. ·         Israeli Christian leader praises religious freedom in the Jewish State. ·         Another Chilean earthquake and Israeli alert system saves more lives. ·         An Israeli has developed an easy-access bag for wheelchair users. ·         Intel has launched the full range of its 7th-gen Israel- designed microchips. ·         17 million passengers used Ben Gurion airport in 2016 – up 11% on 2015. ·         Israel’s Mobileye has two new partners for its autonomous car technology. ·         Jerusalem is building a new Arts campus including 4 new schools. ·         3 archaeological discoveries linking Israel to the historical events of Chanukah.

QSM Asset Management Loads Up 611,000 Mobileye Shares

Key PointsQSM Asset Management Ltd bought 611,003 shares of Mobileye, with an estimated trade value of $5.54 million based on quarterly average pricing.