HTS
Identification and Tracking of Vehicles and Cargo
Company Overview
Snapshot
Founded in November 1992 by Yoram Hofman, HTS operated with 201–500 employees. The company raised $3M across one funding round and was acquired by OmniQ Corp in January 2018.
Business overview
HTS develops image processing-based solutions for vehicle data delivery, focusing on revenue control, automation, and security applications. The company's technology automates parking revenue and control systems, traffic management, security, and access control, also providing end-to-end port automation and security solutions. HTS serves markets in Automotive & Mobility Technologies, leveraging Artificial Intelligence and Computer Vision for its offerings.
Strategic signal
In September 2018, HTS's image processing machine learning for vehicle recognition achieved 97% accuracy in a critical homeland security project. This demonstrates the company's advanced technological capabilities and its potential for high-precision applications in sensitive security environments, validating its expertise in computer vision and AI for automotive and security sectors.
Log in to access full profile ›Company Intelligence Q&A
- When was HTS acquired and by whom?
- HTS was acquired by OmniQ Corp in January 2018, leading to its inactive status.
- What was a key achievement of HTS's technology in a homeland security project?
- In September 2018, HTS's image processing machine learning for vehicle recognition achieved 97% accuracy in a critical homeland security project.
- What type of solutions does HTS provide?
- HTS develops image processing-based solutions that deliver vehicle data for revenue control, automation, and security applications, including port automation and security.
- What are the primary markets HTS serves?
- HTS serves markets in North America, Netherlands, and Brazil, focusing on automotive, smart mobility, and security applications.