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
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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
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Mobileye is FoundedMobileye was founded in 1999, by Amnon Shashua, when he evolved his academic research at Hebrew University into a monocular vision system to detect vehicles using only a camera and software algorithms on a processor. The inception of the company followed Shashua’s connections with the auto manufacturers through his previous startup Cognitens. Following a critical meeting with an Asian OEM, which secured funding for a concept demo, Shashua formed a team with two of his close friends, Ziv Aviram and Norio Ichihashi.
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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
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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
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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
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Goldman Sachs invests $130MGoldman Sachs invests $130 million in Mobileye.
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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
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1 millionth chipMobileye ships its one-millionth chip.
- 2014
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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
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10 millionth chipMobileye ships its 10 millionth chip.
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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
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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.
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MIT #6 Smartest CompanyMIT Technology Review ranks Mobileye #6 Smartest Company.
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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.
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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