It is developing self-driving technologies and advanced driver-assistance systems (ADAS) including cameras, computer chips, and software.
[10] In 2013, Mobileye announced the sale of a 25% stake to investors for $400 million, valuing the company at approximately $1.5 billion.
[15] In 2017, Mobileye unveiled a mathematical model for safe self-driving cars based on research by CEO Amnon Shashua and VP of Technology Shai Shalev-Shwartz.
Their study outlined a system called Responsibility-Sensitive Safety (RSS) which redefines fault and caution and could potentially be used to inform insurers and driving laws.
[17] In March 2017, Intel announced that it would acquire Mobileye for $15.3 billion[18] — the biggest-ever acquisition of an Israeli tech company.
[19] Following the acquisition, Reuters reported that the U.S. Securities and Exchange Commission had charged two Israelis, Ariel Darvasi and Amir Waldman, with insider trading prior to the announcement.
[21] The SEC obtained an emergency court order, freezing certain assets of Virginia residents Lawrence F. Cluff, Jr. and Roger E. Shaoul, who allegedly used insider information to make approximately $1 million on the announcement.
[34] In 2019, Mobileye and NIO announced that they would partner on the development of AVs for consumer markets in China and other major territories.
[36][37] Also in 2020, Mobileye partnered with WILLER29[38] to launch a robotaxi service in Japan, Taiwan and Southeast Asia[39] and with Geely for ADAS.
[42] In February 2021, Mobileye, Transdev Autonomous Transport System (ATS) and Lohr Group formed a partnership to develop and deploy autonomous shuttles,[43] and in April Mobileye announced a partnership with Udelv on the company's Transporter electric self-driving delivery vehicle.
[54] The EyeQ system-on-chip (SoC) utilizes a single camera sensor to provide passive/active ADAS features including automatic emergency braking (AEB), adaptive cruise control (ACC), lane keeping assist(LKA), traffic jam assist (TJA) and forward collision warning (FCW).
[27] It is compiled in a map called Mobileye RoadBook that leverages anonymized, crowdsourced data from vehicle cameras for navigation and localization.
[62] True Redundancy is an integrated autonomous driving system that utilizes data streams from 360-surround view cameras, lidar, and radar.
[70] Mobileye Drive was first fitted to vehicles used for ride-hailing services in 2021, with plans for public testing in Germany and Israel in 2022.