January 19, 2017: Goldman Sachs raised Mobileye NV to a Buy rating, from Neutral, and sets a price target of $50. Goldman says that it expects the stock to re-rate on the back of earnings momentum and potential further wins in fully autonomous driving.
December 30, 2016: Lucid Motors, the luxury mobility company, and Mobileye, announced a collaboration to enable autonomous driving capability on Lucid vehicles.
Lucid will launch its first car, the Lucid Air, with a complete sensor set for autonomous driving from day one, including camera, radar and lidar sensors. Mobileye was chosen to provide the primary compute platform, full 8-camera surround view processing, sensor fusion software, Road Experience Management (REM) crowd-based localization capability, and reinforcement learning algorithms for Driving Policy. These technologies will enable a full Advanced Driver Assistance System (ADAS) suite at launch, and then enable a logical and safe transition to autonomous driving functionality through over-the-air software updates.
Mobileye is expected to provide a dual set of EyeQ4 system-on-chips. The chipset will process a full 8-camera surround view system, providing full 360-degree visual perception. Consistent with other Mobileye programs, the camera set includes a forward-facing trifocal-lensed camera and an additional five cameras surrounding the vehicle.
In addition, Mobileye will offer sensor fusion software that incorporates data from radar and lidar sensors, along with the camera set, in order to build the critical environmental model necessary to facilitate autonomous driving.
December 29, 2016: Mobileye has formed a candle over candle reversal on news of a strategic partnership with HERE. Mobileye and HERE, both leaders in providing technologies for intelligent vehicles, today announced plans for a strategic partnership that links their respective autonomous driving technologies into an enhanced industry-leading offering for automakers. The two companies intend to pursue the following collaborative initiatives:
– Integration of Mobileye’s Roadbook with HERE HD Live Map Mobileye’s Roadbook will be integrated as a data layer in HERE HD Live Map, HERE’s real-time cloud service for partially, highly and fully automated vehicles. Roadbook information will provide an important additional layer of real-time contextual awareness by gathering landmark and roadway information to assist in making a vehicle more aware of – and better able to react to – its surroundings, as well as allow for more accurate vehicle positioning on the road.
– Mobileye’s utilization of the HERE Open Location Platform Mobileye will utilize the HERE Open Location Platform for the ingestion and processing of raw sensor and observation data (Road Segment Data, RSD), and the creation and effective maintenance of its Roadbook products. The HERE Open Location Platform is the next generation of HERE’s location platform, developed to support the ingestion, enrichment, and processing of real-time location-based data for multiple industries, including the automotive industry.
– HERE to utilize raw sensor and observation data from Mobileye HERE will use RSD, as well as the Global Roadbook (GLRB), collected and aggregated from certain vehicle brands equipped with Mobileye technology to support change detection and the maintenance of HERE HD Live Map. Detecting changes in the real world and adjusting the map accordingly is crucial for automated vehicles to plan better-driving strategies. With more sensor data available from car manufacturers equipped with Mobileye’s REM technology, the HERE HD Live Map will be updated even more quickly, achieving very short Time to Reflect Reality.
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Mobileye N.V. is the global leader in the design and development of software and related technologies for camera-based Advanced Driver Assistance Systems.