Press release

Newsight Imaging Signs Strategic Collaboration Agreement with ZKW

Sponsored by Businesswire

ECOMOTION — Newsight Imaging Ltd, an Israeli developer of advanced CMOS
image sensor chips for machine vision geared to the robotics,
automotive, Industry 4.0 and mobile devices markets, today announced the
signing of a collaboration agreement with ZKW Group, a leading premium
lighting systems and electronics specialist, headquartered in Wieselburg
Austria. ZKW’s affiliation with LG gives the company access to resources
and key technologies to develop intelligent lighting for the future and
autonomous driving.

Initially, ZKW invited Newsight Imaging to enter its Drive Light & Sight
innovation competition (
Out of numerous applications and eight companies that reached the
finals, Newsight won first prize. The companies then proceeded to
formalize their collaboration, culminating in an agreement to jointly
develop innovative safety and driver monitoring systems that ZKW will
offer its customers, leading OEMs in the automotive market.

Oliver Schubert, CEO of ZKW Group said: “To us it is key to expose the
company to fresh expertise and to drive innovations forward quickly.
With our Drive Light & Sight competition we reached out to startups and
invited them to share their ideas with us.”

“The collaboration with Newsight Imaging in the field of advanced,
customizable CMOS image sensor technology enables us to increase road
safety through smart lighting. In regard to autonomous driving, it is
even more significant to have innovative and competent partners, such as
Newsight Imaging, at our side”, Ralf Klädtke, CTO of ZKW Group added.

Eli Assoolin, CEO and Co-founder of Newsight Imaging commented the
cooperation: “We are delighted to expand our automotive offering
resulting from this important collaboration with ZKW, a leader in its
field, with an original approach to integrating innovations from
startups like Newsight. Our sensors are a perfect fit for the machine
vision requirements, operate at a very high frame rate, support our
proprietary eTOF technology, and have a proven track record in the
market. Given ZKW’s advanced systems technology and market footprint, we
believe that this is a major milestone for Newsight, and affords ZKW an
excellent direction for future innovation.”

About ZKW Group

ZKW Group is the specialist for innovative, premium lighting systems and
electronics. As systems supplier, ZKW is one of the world’s leading
strategic partners to the automotive industry. The company designs and
produces complex premium lighting and electronic modules for
international automakers using state-of-the-art manufacturing
technologies. Its top products include powerful and cost-efficient
complete LED systems. The ZKW Group has a total of eight locations
worldwide which are networked intelligently in development and
production. In 2018 the group employed some 9,700 people and generated
overall sales of EUR 1.34 billion. In accordance with the new corporate
vision “Ground-breaking premium lighting and electronic systems from ZKW
for all mobility concepts of the global automotive industry”, the
company’s primary goal is to produce top-quality high-tech products and
to promote the development of innovative holistic lighting systems. Its
range includes main headlights, fog lights, indicator lights, interior
lighting and number plate lights as well as electrics modules. Products
from the ZKW Group are used by well-known automakers such as AUDI, BMW,
VOLVO TRUCK or VW, thereby playing an important role in improving road

About Newsight Imaging

Newsight Imaging Ltd. (
develops advanced CMOS image sensor chips, providing 3D solutions for
high volume markets. The chip’s sensor is manufactured using CMOS
technology with ultra-high sensitivity pixels, replacing more expensive
CCD sensors and other camera modules in LiDAR applications for robotics,
automotive (ADAS and Car safety) applications as well as in other
markets, such as mobile depth cameras, AR/VR, Industry 4.0 and barcode
scanners. Named as 2018 Cool Vendor by Gartner in the Novel Sensors
Category, Newsight’s disruptive eTOF technology, embedded in its CMOS
Image Sensors chips overcomes machine vision challenges, considered
unsolvable until now.