Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PORSCHE AUTOMOBIL HOLDING SE

(PAH3)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Porsche Automobil : Israeli Startup TriEye Collaborates with Porsche to Help Drivers "See" Better in Low Visibility Conditions

01/02/2020 | 08:17am EDT

Israeli startup TriEye, whose Short-Wave Infra-Red (SWIR) sensing technology enhances visibility in adverse weather and night-time conditions, announced a collaboration with the German sports car manufacturer Porsche, to further improve visibility and performance of Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV).

As ADAS systems are expected to operate under a wide range of scenarios, car manufacturers have recognized the need to integrate advanced sensing solutions. Even when combining several sensing solutions such as radar, lidar and standard cameras, it is not always possible to accurately detect and identify all objects on the road when visibility is limited.

In order to address this particular challenge Porsche has identified TriEye's CMOS-based SWIR camera as an important component to achieve better visibility capabilities especially in adverse weather conditions.

"Our collaboration with Porsche has been exceptional from day one and we look forward to growing this potential," said Avi Bakal, CEO and Co-Founder of TriEye. "The fact that Porsche, a leading car manufacturer, has decided to invest in TriEye and evaluate TriEye's CMOS-based SWIR camera to help further improve Advanced Driver Assistance Systems (ADAS) is a significant vote of confidence in our technology,"

The news comes following TriEye's August announcement that it has expanded its Series A funding round led by Intel Capital, with the participation of Porsche Ventures, Marius Nacht and existing investor Grove Ventures.

About TriEye

TriEye is a Tel Aviv based semiconductor company solving the low visibility challenges for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). TriEye's groundbreaking solution is based on nearly a decade of research, enabling HD imaging under all weather and lighting conditions, using a cost-effective CMOS-based SWIR camera. TriEye's SWIR camera provides image data that standard vision cameras just cannot "see". For more information, visit www.TriEye.tech

About Porsche AG

Dr. Ing. h.c. F. Porsche AG, with headquarters in Stuttgart-Zuffenhausen, is one of the most profitable car makers in the world. In 2018, Porsche delivered 256,255 vehicles of the 911, Cayenne, Macan, Panamera, 718 Boxster and Cayman models to customers worldwide. That was 4 per cent more than the year before. Thereby, the sports car manufacturer's operating profit amounted to 4.3 billion euros, up seven per cent from the previous year's comparative figure. Porsche operates plants in Stuttgart and Leipzig as well as a development centre in Weissach. The sports car maker employs 34,675 people. The Porsche principle of getting the most out of all opportunities stems from the racetrack and is embodied in every vehicle. Thanks to its high-quality standards, 70 per cent of all Porsches ever built are still on the street today.

For further information or to schedule interviews:

Lior Kleinberg, Meirovitch PR, PR agency for TriEye, Cel. +972-54-8188122, Tel. +972-77-2129988

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

All news about PORSCHE AUTOMOBIL HOLDING SE
01:41pVolkswagen labour chief may leave in board shake-up -sources
RE
07:59aVolkswagen mulls board change that could see labour chief move on - sources
RE
04/21WORLD EARTH DAY : action day for climate protection
AQ
04/16Daimler takes fight to Tesla with Mercedes EQS
RE
04/16Volkswagen Group Global Sales Jumped in March
DJ
04/14DGAP-ADHOC : Nanogate SE: Stepping Down of the Chairman of the Supervisory Board..
DJ
04/09Global markets live: Credit Suisse, Netflix, Impossible Foods…
04/08VOLKSWAGEN  : Porsche can not rule out production cuts over chip shortage -Hande..
RE
04/01PORSCHE AUTOMOBIL HOLDING SE  : Notification and public disclosure of transactio..
EQ
04/01PORSCHE SE  : Goldman Sachs maintains a Buy rating
MD
More news
Financials
Sales 2021 117 M 140 M 140 M
Net income 2021 3 650 M 4 384 M 4 384 M
Net cash 2021 531 M 638 M 638 M
P/E ratio 2021 7,54x
Yield 2021 3,70%
Capitalization 28 169 M 33 845 M 33 827 M
EV / Sales 2021 237x
EV / Sales 2022 217x
Nbr of Employees 916
Free-Float 50,0%
Chart PORSCHE AUTOMOBIL HOLDING SE
Duration : Period :
Porsche Automobil Holding SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PORSCHE AUTOMOBIL HOLDING SE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Average target price 105,12 €
Last Close Price 91,98 €
Spread / Highest target 41,3%
Spread / Average Target 14,3%
Spread / Lowest Target -37,8%
EPS Revisions
Managers and Directors
NameTitle
Hans Dieter Pötsch Chairman-Management Board
Wolfgang Porsche Chairman-Supervisory Board
Lutz Meschke Head-Investment management
Ulrich Lehner Member-Supervisory Board
Ferdinand Oliver Porsche Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
PORSCHE AUTOMOBIL HOLDING SE63.09%33 898
TOYOTA MOTOR CORPORATION3.20%212 419
VOLKSWAGEN AG49.85%157 524
DAIMLER AG27.31%94 715
GENERAL MOTORS COMPANY38.06%80 360
BMW AG17.97%66 466