Israeli firm raises $5 million for tech to recognize mask-covered faces
TEL AVIV (Reuters) - Israel’s Corsight AI, which has developed technology to recognize faces concealed by masks, goggles and plastic shields, raised $5 million from Awz Ventures, a Canadian fund focused on intelligence and security technologies.
Corsight said on Sunday it will use the funds to market the platform and to continue development.
In March, China’s Hanwang Technology Ltd said it has come up with technology that can recognize people when they are wearing masks, as many are today because of the coronavirus.
Corsight said it offers a facial recognition system able to process information captured on video cameras and can address difficulties resulting from the outbreak, where a large portion of the population is moving about with faces partially covered.
The technology can be used to issue alerts of people who are in violation of quarantine and have gone outside to public areas while covering their faces with masks, Corsight said.
If a person is found to have COVID-19 within an organization the system can quickly produce a report of people who were near the sick individual, the company said.
Corsight said it has permanent systems installed in European airports and hospitals, Asian cities, South American police departments and border crossings, and African mines and banks.
Tel Aviv-based Corsight was founded in late 2019 and has 15 employees. It is a subsidiary of Cortica Group, which has raised over $70 million to develop artificial intelligence technology.
Reporting by Tova Cohen; Editing by Steven Scheer
Israel's Elbit Systems gets $103 million electronic warfare contract
Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner
TEL AVIV (Reuters) - Israeli defense contractor Elbit Systems said on Sunday it won a contract worth about $103 million to supply electronic warfare (EW) suites for an air force of an Asian country.
The contract will be carried out over three years and includes long-term integrated logistic support. Elbit did not name the Asian country.
Under the contract, Elbit Systems will fit the customer’s helicopters with complete EW suites, including countermeasure systems.
“Demand for combat-proven EW systems is getting stronger as the electro-magnetic spectrum becomes increasingly contested and the threat to aircraft gets more acute,” said Edgar Maimon, general manager of Elbit Systems EW.
SEE
https://plawiuk.blogspot.com/search?q=PERMANENT+ARMS+ECONOMY
Corsight said it offers a facial recognition system able to process information captured on video cameras and can address difficulties resulting from the outbreak, where a large portion of the population is moving about with faces partially covered.
The technology can be used to issue alerts of people who are in violation of quarantine and have gone outside to public areas while covering their faces with masks, Corsight said.
If a person is found to have COVID-19 within an organization the system can quickly produce a report of people who were near the sick individual, the company said.
Corsight said it has permanent systems installed in European airports and hospitals, Asian cities, South American police departments and border crossings, and African mines and banks.
Tel Aviv-based Corsight was founded in late 2019 and has 15 employees. It is a subsidiary of Cortica Group, which has raised over $70 million to develop artificial intelligence technology.
Reporting by Tova Cohen; Editing by Steven Scheer
Israel's Elbit Systems gets $103 million electronic warfare contract
Logo of Israeli defence electronics firm Elbit Systems is seen at their offices in Haifa, Israel February 26, 2017. REUTERS/Baz Ratner
TEL AVIV (Reuters) - Israeli defense contractor Elbit Systems said on Sunday it won a contract worth about $103 million to supply electronic warfare (EW) suites for an air force of an Asian country.
The contract will be carried out over three years and includes long-term integrated logistic support. Elbit did not name the Asian country.
Under the contract, Elbit Systems will fit the customer’s helicopters with complete EW suites, including countermeasure systems.
“Demand for combat-proven EW systems is getting stronger as the electro-magnetic spectrum becomes increasingly contested and the threat to aircraft gets more acute,” said Edgar Maimon, general manager of Elbit Systems EW.
SEE
https://plawiuk.blogspot.com/search?q=PERMANENT+ARMS+ECONOMY
No comments:
Post a Comment