Elbit Systems Subsidiary BrightWay Vision Raises $25 Million
IsraelDefense
| 26/06/2019
Credt: Haim Magiura
BrightWay Vision (BWV), a subsidiary of Elbit Systems, recently raised a $25 million investment from Koito Manufacturing and Magenta Venture Partners, following which they will hold approximately 38.5% of BWV's shares, on a fully diluted basis.
BWV’s patented system, BrightEye, combines sensing and laser illumination technologies for the automobile industry, to generate a clear long-range image of the road ahead at night and in low visibility conditions while also detecting objects in the vehicle path thus enabling effective hazard alerts, collision and other safety warnings.
IsraelDefense
| 26/06/2019
Credt: Haim Magiura
BrightWay Vision (BWV), a subsidiary of Elbit Systems, recently raised a $25 million investment from Koito Manufacturing and Magenta Venture Partners, following which they will hold approximately 38.5% of BWV's shares, on a fully diluted basis.
BWV’s patented system, BrightEye, combines sensing and laser illumination technologies for the automobile industry, to generate a clear long-range image of the road ahead at night and in low visibility conditions while also detecting objects in the vehicle path thus enabling effective hazard alerts, collision and other safety warnings.
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