Mobileye Global Inc. (NASDAQ: MBLY)

Mobileye Global Inc., frequently referred to as Mobileye, is a prominent player in the development and deployment of advanced driver assistance systems (ADAS) and autonomous driving technologies and solutions. The company, founded in 1999 and headquartered in Israel, is a publicly traded entity listed on the New York Stock Exchange under the ticker symbol MBLY.

Mobileye's primary business activities focus on the development and deployment of ADAS and autonomous driving solutions. The company offers a range of products, including its EyeQ family of System-on-Chips (SoCs), which are designed to facilitate the creation of advanced driver assistance systems. Additionally, Mobileye's REM (Road Experience Management) mapping system provides high-definition maps of roads from around the world.

The company's ADAS solutions are designed to offer a array of safety features, including real-time detection of road users, geometry, semantics, and markings, as well as emergency interventions. These solutions are scalable and can be customized to meet the specific needs of each customer.

In addition to its ADAS solutions, Mobileye is developing a range of autonomous driving solutions, such as its Mobileye SuperVisionTM Lite and Mobileye SuperVisionTM offerings. These solutions are designed to provide eyes-on/hands-off assisted driving on highway road types, as well as automated lane changes, evasive maneuvering, and red traffic light braking.

Mobileye's technology platform is built upon five fundamental pillars: advanced sensing and perception technologies, high-precision mapping, redundant sensor fusion architecture, Responsibility-Sensitive Safety (RSS) framework, and end-to-end software and hardware design. This comprehensive platform is designed to provide a wide range of solutions that can be customized to meet the specific needs of each customer.

The company's competitive advantages include its leadership in the development and deployment of ADAS and autonomous driving technologies, its scalable and customizable solutions, and its ability to provide a comprehensive suite of solutions that can be tailored to meet the specific needs of each customer.

Mobileye's customers include leading original equipment manufacturers (OEMs), such as Geely Group, which launched Mobileye SuperVisionTM in its ZEEKR series production vehicles in 2021. The company's solutions are designed to be compatible with a variety of vehicle types and can be customized to meet the specific needs of each customer.

In terms of its aftermarket product portfolio, Mobileye offers Mobileye 8 Connect and Mobileye Shield+. Mobileye 8 is designed for light and medium-duty vehicles to provide forward collision avoidance warnings, as well as enhanced ADAS features, connectivity, and actionable data insights. Mobileye Shield+ is a system specifically designed for large vehicles that have significant blind spots, such as city buses.

Despite its success with the aftermarket product portfolio, Mobileye believes that the demand and future addressable market for retrofitted ADAS solutions has moderated due to the increasing rate at which integrated ADAS solutions are installed on new vehicles.

Mobileye's Autonomous Vehicle Revolution is focused on making autonomous vehicles a reality through the development of advanced technologies and solutions. The company believes that the availability of autonomous vehicles will cause a significant transformation in mobility, including vehicle ownership and utilization. Mobileye expects that autonomous driving technology will eventually be accessed by consumers through shared-vehicle AMaaS networks, as well as in consumer-owned and operated AVs.

To make autonomous vehicles at scale a reality, Mobileye believes that there are three core challenges that must be addressed: regulatory endorsement, geographic scale, and cost. The company believes that its leadership in ADAS and autonomous driving is based primarily on its first-mover advantage, technology, comprehensive portfolio of solutions, delivery, and inherent cost-driven advantages.

Mobileye's competitive strengths include its coupling of software and hardware, scalable EyeQ SoC design, industry-leading computer vision capabilities, scale by design approach, autonomous driving-ADAS synergies, Road Experience Management, data and technology advantage, RSS and driving policy, and purpose-built imaging-radar.