HTS
Identification and Tracking of Vehicles and Cargo
Company Overview
Snapshot
Founded in November 1992 by Yoram Hofman, HTS is a company with 201–500 employees that raised $3M across one funding round from one investor. The company was acquired by OmniQ Corp in January 2018.
Business overview
HTS specializes in developing image processing-based solutions that provide critical vehicle data for various applications, including revenue control, automation, and security. Its core technology automates parking revenue and control systems, traffic management, security, and access control, serving industries that require enhanced monitoring, improved productivity, and robust security. The company operates within the Automotive & Mobility Technologies sector, focusing on urban mobility, and leverages artificial intelligence and computer vision to serve defense, safety, security, and industrial manufacturing markets.
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 capabilities in AI and computer vision, validating its technology's effectiveness in high-stakes security applications and signaling its potential for broader adoption in public safety and defense sectors.
Company Intelligence Q&A
- When was HTS acquired?
- HTS was acquired by OmniQ Corp in January 2018, leading to its inactive status.
- What was a key achievement of HTS's technology in 2018?
- In September 2018, HTS's image processing machine learning for vehicle recognition achieved 97% accuracy in a critical homeland security project, demonstrating its advanced capabilities.
- 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 automated parking systems, traffic management, and access control.
- What is the primary sector of HTS?
- HTS operates primarily in the Automotive & Mobility Technologies sector, focusing on urban mobility and leveraging AI and computer vision.