LIKE VIAGRA AND PROPECIA, drugs initially developed to treat heart and prostate issues and not performance concerns and hair loss, UVeye’s automated vehicle-inspection system was born from an unexpected outcome. The Israeli company originally intended its inspection tool, dubbed Helios, to serve as a homeland-security device that could scan for explosives strapped to the underside of vehicles.
“We started finding more [fluid] leaks than guns or bombs,” says Yaron Saghiv, the chief marketing officer of UVeye. Consequently, the company changed its business model, shifting resources toward the automotive industry. In 2018, Škoda installed a UVeye scanner at its tech incubator in Israel. Others got onboard, and partnerships with automakers such as General Motors and Hyundai followed. Now, with UVeye’s tech scanning more than 50,000 vehicles each month, the company’s algorithms…
