Founded in 1999 with a mission to reduce vehicle injuries and fatalities, Mobileye has created the most advanced collision-avoidance system on the market. At a time when automobile safety technology was focused on mitigating the severity of collision-related injuries, Mobileye set out to create technology to prevent collisions from occurring.
- 1998
- Concept is BornDuring a presentation about his research to an auto manufacturer, Professor Amnon Shashua – who teaches computer science at the Hebrew University in Jerusalem – was asked if it was possible for two cameras to identify a vehicle. Shashua’s response: “Why two cameras? It can be done with one.”
- 1999
- Mobileye is FoundedMobileye N.V. is founded by Prof. Shashua and Ziv Aviram as Prof. Shashua evolved his academic research into a technical solution for a vision system to detect vehicles using only one camera coupled with software algorithms on a processor. Long before most people predicted that vision safety or autonomous driving would become a trend, Mobileye begins investing in vision safety research and development. Within a year-and-a-half, with a single engineer and eight data processors having done the work, Prof. Shashua and Aviram return to that same auto manufacturer with a demonstration of their prototype.
- R&D Center OpensMobileye’s R&D center opens in Jerusalem, Israel, with a focus on developing algorithms and a micro-processing chip called EyeQ®, on which Mobileye’s proprietary image-processing algorithms will run.
- 2004
- First System-on-Chip LaunchedAfter years of proving the accuracy of its machine-vision algorithms across rigorous automaker-prototype testing, Mobileye begins the process to launch its first system-on-chip product (EyeQ®1) in serial production to support features like Forward Collision Warning (FCW), Lane Departure Warning (LDW), and Intelligent High-beam Control (IHC).
- 2006
- Aftermarket Division OpensMobileye opens the Aftermarket division, which sells collision-avoidance products to commercial fleets, car dealerships and auto-accessory distributors. These products can be retrofitted onto vehicles already on the road.
- 2007
- Goldman Sachs invests $130MGoldman Sachs invests $130 million in Mobileye.
- First series production with three OEMsMobileye's version of the lane-departure warning system, which warns a driver when their vehicle is leaving or about to leave its lane, is launched in multiple production platforms with General Motors, BMW and Volvo.
- 2012
- 1 millionth chipMobileye ships its one-millionth chip.
- 2014
- IPO on NYSEMobileye is listed on the New York Stock Exchange (MBLY) after the largest-ever IPO of an Israeli company in the United States.
- 2015
- 10 millionth chipMobileye ships its 10 millionth chip.
- Programs with 25+ automakersProduction momentum continues. Revenue grows 68 percent, partially driven by nine new program launches, including with important new customers such as Audi, Hyundai/Kia and Shanghai Automotive Industry Corp (SAIC). Mobileye at this point has programs with most of the world’s leading automakers, including BMW, Ford Motor Co., General Motors, Honda, Hyundai/Kia, Nissan, and many others (more than 25 in total).
- 2016
- REMTM announcedMobileye announces its Road Experience Management (REM™) high-definition mapping product at the January 2016 Consumer Electronics Show and initial partners General Motors, Nissan, and Volkswagen.
- MIT #6 Smartest CompanyMIT Technology Review ranks Mobileye #6 Smartest Company.
- BMW, Intel and Mobileye announce: fully autonomous car in 2021Mobileye begins to transition from an Advanced Driving Assistance Systems (ADAS) supplier to an automotive partner, and announces the BMW-Intel-Mobileye partnership intended to result in serial production of Level 3-5 autonomous vehicles by 2021.
- Announcment for turnkey autonomous system w/DelphiMobileye announces its partnership with Delphi Automotive to develop a turnkey, autonomous driving system, designed for rapid adoption by a variety of automakers.
- Reached 313 car models that come Mobileye-equipped
- 2017
- Mobileye becomes an Intel Company