Foresight Autonomous Holdings Ltd. FRSX Archives

WednesdayMay 05, 2021 10:25 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Rail Vision Enters Agreement to Supply Proof-of-Concept Prototype

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its affiliate, Rail Vision Ltd., has entered an agreement with Hitachi Rail STS Australia Pty Ltd. to supply equipment, services and personnel to the Australian rail company Rio Tinto Railway Network. Under the agreement, Hitachi Rail STS, the project integrator, will provide Rio Tinto with a prototype of Rail Vision’s Collision Avoidance System to undergo demonstration and feasibility testing for a proof-of-concept project. Project revenue is expected to total $265,000, with an option for Rail Vision to furnish additional services for $133,000. To view…

WednesdayApr 21, 2021 9:53 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net, WebSIA Partner to Integrate Solutions in Sao Paulo, Brazil

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has entered a distribution agreement with WebSIA Soluções Disruptivas, Inteligências Associadas, Tecnologia e Serviços Ltda. WebSIA is a Brazilian distributor, developer and integrator focused on cutting-edge technologies. Under the agreement, WebSIA will exclusively promote and sell the Eye-Net(TM) Protect cellular-based accident prevention solution and serve as Eye-Net’s distributor in the city of Sao Paulo to support customers and generate new business. Following successful integration of Eye-Net’s solutions in Sao Paulo, the agreement may be expanded to additional…

FridayMar 19, 2021 9:53 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Sale of First QuadSight Prototype

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has sold the first prototype of its QuadSight(R) four-camera vision system to the American division of a leading Japanese manufacturer of stereo vision systems for the automotive industry. The announcement noted that the Japanese company was evaluating the QuadSight’s potential to enhance its current stereo system capabilities; the tier-one supplier was specifically interested in the thermal stereo capabilities of the system. “This first prototype sale to an automotive stereo vision systems manufacturer validates the market need for Foresight’s innovative stereo technology and its added value to the…

WednesdayMar 17, 2021 1:03 pm

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Enters Strategic Commercial Agreement

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has signed a commercial cooperation agreement with SaverOne 2014 Ltd. (TASE: SAVR), a leader in providing an effective solution to combat cell phone distracted driving. According to the update, Eye-Net will integrate its Eye-Net(TM) Protect solution in SaverOne’s product designed to prevent the use of texting applications by the driver while the vehicle is in motion. The integration is subject to certain tests and criteria to be determined by the parties. “Eye-Net is expanding its presence in…

FridayMar 12, 2021 10:54 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Successful Completion of Eye-Net’s First Pilot Phase with Top Global Vehicle Manufacturer

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., successfully completed the first phase of a pilot project with the intelligent transport system division of a multibillion-dollar global Japanese vehicle manufacturer. According to the update, the vehicle manufacturer reviewed the performance of the Eye-Net(TM) Protect accident prevention solution and subsequently concluded it is a valid option for the safety traffic system of its smart city project. Following these results, the vehicle manufacturer will initiate technical discussions between Eye-Net and the smart city constructor, progressing towards possible integration…

MondayMar 01, 2021 12:57 pm

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Issues Shareholder Letter, Announces Successful Completion of Eye-Net Trial

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has released a shareholder update outlining the company’s stable business development and remarkable performance throughout 2020, as well as several key business milestones that have set the course for what Foresight believes will be a successful year. In addition, the company today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., successfully completed a controlled trial of its Eye-Net(TM) Protect cellular-based accident prevention solution for the intelligent transport system division of a multi-billion-dollar global Japanese vehicle manufacturer. Blue and White Robotics (“BWR”) supervised the trial that was…

FridayFeb 26, 2021 9:23 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Financial Report for Q4 and FY 2020

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has shared its financial numbers for the fourth quarter and full year 2020. For Q4, the company reports $43.9 million in cash and short-term deposits; for the full year, Foresight reported a GAAP operating loss of $12.84 million, which is approximately 15% less than the GAAP operating loss of $15.03 million reported for 2019. Foresight reported a GAAP net loss of $3.96 million for Q4 2020 and $15.32 million for the full year; the company noted a non-GAAP net loss of $3.71 million for the fourth quarter and $14.16…

MondayFeb 08, 2021 11:25 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net to Conduct Technological Demonstrations in Collaboration with Leading European Cellular Provider

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., will conduct technological demonstrations over the 5G cellular network in collaboration with the innovation labs of a top multinational European cellular provider to test its Eye-Net(TM) Protect cellular-based vehicle-to-everything (“V2X”) accident prevention solution. According to the update, the cellular provider will conduct the technological demonstrations in front of different business units within its organization as well as several commercial partners. “Conducting technological demonstrations in collaboration with a leading European cellular provider marks a vote of confidence in…

TuesdayFeb 02, 2021 1:18 pm

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Partners with Wunder Mobility to Provide Out-of-the-Box Eye-Net Solution

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has signed an agreement with WunderCar Mobility Solutions, a German-based software, vehicles and service provider that enables companies and cities worldwide to launch and scale new mobility services. Under the agreement, Eye-Net will join Wunder Mobility’s Marketplace online platform and introduce its Eye-Net(TM) Protect accident prevention solution to potential global corporate customers seeking mobility tech-focused applications. “Eye-Net is now targeting the European market following a successful expansion of activities in Japan,” said Dror Elbaz, COO and deputy…

MondayJan 25, 2021 12:04 pm

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces It Has Received Chinese Patent Notice of Allowance

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has received a notice of allowance from the Chinese Patent Office for the patent it filed for its proprietary running vehicle alerting system and method; the same patent received approval from the U.S. Patent and Trademark Office in April 2019. According to the company, the patented technology involves a running vehicle alerting system that is designed to detect traffic lights or traffic signs. When the system detects these devices, it produces a collision-avoiding signal if the distance to these lights or signs is less than a safe braking…

Site Search

Company Search

Tag: Foresight Autonomous Holdings Ltd. FRSX