• Semi-autonomous: 50+m cars by 2020. Today's premium cars car have features that allow them to accelerate, brake, and steer a car's course with limited or no driver interaction. JHCPS would enable the car to avoid head-on collision and prevent deaths.
• Fully-autonomous: 10+m cars by 2020. A fully autonomous vehicle can drive from point A to point B and encounter the entire range of on-road scenarios without needing any interaction from the driver. JHCPS would act as a key component for long range car awareness, allowing AI to detect, follow and take action on numerous moving road objects 2,000m ahead.
• Primary markets: USA, Canada, EU, Japan, Singapore, Korea, Australia
• Costs (World): $7 b/year in direct ADAS costs; $122 b/year in indirect car options costs.
Direct: 8 major car companies (Volvo, Porsche, Mercedes, Bentley, GM, Tata etc) who could offer modern car driver support options. Driverless car makers (Google self-driving car, Apple Car, Toyota robotic car, Uber, Kamaz trucks, etc.)
Indirect: makers of security, drones and navigations toolkits (Lockheed Martin, Rotax, IAI, General Atomics Aeronautical Systems). We can offer innovative universal radar for their drone systems.
• Primary strategy: Partner with ADAS system manufacturers.
• Secondary strategy 1: Partner with driverless car makers.
• Secondary strategy 2: Partner with security and navigation tools developers.
Business Model:• M&A by car maker who would get the system exclusively. Target valuation range: $60-80m