Mobileye Global Inc. is a company developing autonomous driving technologies and advanced driver-assistance systems (ADAS) including cameras, computer chips and software. Mobileye was acquired by Intel in 2017 and went public again in 2022. Mobileye is based in Jerusalem, Israel, and also has sales and marketing offices in Midtown, Manhattan, US; Shanghai, China; Tokyo, Japan; and Düsseldorf, Germany.
Mobileye was founded in 1999 by Hebrew University professor Amnon Shashua when he evolved his academic research into a vision system which could detect vehicles using a camera and software algorithms on a processor. Since its establishment, it has developed into a supplier of automotive safety technologies based on adding "intelligence" to inexpensive cameras for commercialization.
Mobileye established its first research center in 2004, and launched the first generation EyeQ1 processor four years later, in 2008. The technology offered driver assistance including AEB (automatic emergency braking). One of the first vehicles to use this technology was the fifth-generation BMW 7 Series. Subsequent versions of the chip were released in 2010, 2014 and 2018.
In 2013, Mobileye announced the sale of a 25% stake to Blue-chip investors for 400million,valuingthecompanyatapproximately1.5 billion.
Mobileye went public on the New York Stock Exchange in 2014. It raised 890million,andbecamethelargestIsraeliIPOinU.S.history.Bytheendoftheyear,Mobileye′stechnologywasimplementedin160carmodelsmadeby18differentOEMs.In2017,Mobileyeunveiledamathematicalmodelforsafeself−drivingcarsbasedonaresearchpaperbyCEOAmnonShashuaandVPofTechnologyShaiShalev−Shwartz.ThepaperoutlinesasystemcalledResponsibility−SensitiveSafety(RSS)whichredefinesfaultandcautionandcouldpotentiallybeusedtoinforminsurancepoliciesanddrivinglaws.ShaiShalev−ShwartzwaspromotedtoCTOin2019.InMarch2017,IntelannouncedthatitwouldbeacquiringMobileyefor15.
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In road-transport terminology, lane centering, also known as auto steer or autosteer, is an advanced driver-assistance system that keeps a road vehicle centered in the lane, relieving the driver of the task of steering. Lane centering is similar to lane departure warning and lane keeping assist, but rather than warn the driver, or bouncing the car away from the lane edge, it keeps the car centered in the lane. Together with adaptive cruise control (ACC), this feature may allow unassisted driving for some length of time.
In road-transport terminology, a lane departure warning system (LDWS) is a mechanism designed to warn the driver when the vehicle begins to move out of its lane (unless a turn signal is on in that direction) on freeways and arterial roads. These systems are designed to minimize accidents by addressing the main causes of collisions: driver error, distractions and drowsiness. In 2009 the U.S. National Highway Traffic Safety Administration (NHTSA) began studying whether to mandate lane departure warning systems and frontal collision warning systems on automobiles.
An advanced driver-assistance system (ADAS) includes technologies that assist drivers with the safe operation of a vehicle. Through a human-machine interface, ADAS increases car and road safety. ADAS uses automated technology, such as sensors and cameras, to detect nearby obstacles or driver errors, and respond accordingly. ADAS can enable various levels of autonomous driving. As most road crashes occur due to human error, ADAS are developed to automate, adapt, and enhance vehicle technology for safety and better driving.
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