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The Technology Behind Mobileye Is a Force That Can Change The World

July 29, 2023
in Trade Tube
Reading Time: 1 min read
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Growth Seeker & Trifecta Stocks Portfolio Manager Bryan Ashenberg, CFA offers viewers his take on Mobileye, a company whose technology he believes can change the world. Mobileye is the technological leader in systems that marry the company’s proprietary software algorithms and its system on a chip design to provide visual information for the driver assistance systems market. The company’s technologies can anticipate possible collisions with other vehicles, pedestrians, animals, debris and other obstacles. The market for advanced driver assistance systems is rapidly developing. Just about a month ago, the NHTSA announced that it plans to add two cutting-edge automatic emergency braking systems to the recommended advanced safety features included in its New Car Assessment Program. Mobileye is a key player in enabling autonomous driving solutions, where a car will drive itself. Ashenberg is bullish in the name.

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