Foresight Autonomous Holdings Ltd. FRSX Archives - Page 11 of 11

MondayJul 02, 2018 11:23 am

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Prototype Deal, Secures Investment Funding

A leading importer of vehicles to Israel has signed with Foresight a non-binding MOU for the sale of the Eyes-On™ automotive vision system $12.4 million in private placement agreements signed with leading Israeli institutional investors Global advanced driver assistance system (ADAS) market expected to reach $67.43 billion by 2025, growing at 19 percent CAGR A rising demand for advanced driver safety and assistance systems that help drivers control vehicles and avoid accidents is fueling a global market for technological innovations in an increasingly high growth market, according to multiple industry research reports. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX),…

ThursdayJun 28, 2018 1:49 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Developing Passive Sensor Vision System Technology for Autonomous Vehicles

FRSX’s QuadSight™ multi-camera vision solution is a stereoscopic system that detects obstacles in all weather and lighting conditions designed for semi-autonomous and autonomous vehicles In its corporate presentation, FRSX cites projection of the autonomous self-driving vehicle market reaching $60 billion by 2030, from Mordor Intelligence LLP FRSX has in development its Eyes-On™ and Eye-Net™ patent-pending accident prevention solutions Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), in an audio press release, detailed the advantages of its passive sensor vision system versus active ones. As sensors will play a key role in the development of self-driving vehicles, FRSX’s QuadSight™ passive sensor…

TuesdayJun 26, 2018 10:03 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks MOU with Vehicle Importer in Israel

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning said that it has signed a non-binding memorandum of understanding (“MOU”) with a direct importer of several leading vehicle manufacturers to Israel. The MOU covers the terms of an agreement for the sale of Foresight’s advanced driver assistance system (“ADAS”), the Eyes-On™ system, for aftermarket configuration and integration into the importer's vehicles in Israel. Once a binding agreement is signed, a pilot project will begin, using a beta version of the Eyes-On™ system to integrate into a number of models from the importer’s fleet of vehicles. The binding agreement is expected…

MondayJun 18, 2018 2:08 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First Order for Breakthrough QuadSight™ Technology Product

Receives first QuadSight™ prototype order from truck division of a large European vehicle manufacturer QuadSight™ system uses two pairs of stereoscopic infrared and daylight cameras that exceed a human driver’s ability to see, regardless of weather or lighting conditions QuadSight™, Eyes-On™ and Eye-Net™ are accident prevention products revolutionizing the safety and dependability of driver assistance and automated vehicle technology Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry, recently received its first order for its breakthrough QuadSight™ prototype (http://ibn.fm/qLNY2). A truck…

MondayJun 11, 2018 1:41 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Offers Smart Car Technology that Makes Driving Safer

Advanced Driver Assistance Systems (ADAS) market to reach $143 billion by 2025 Successful test of Eye-Net V2X (vehicle to everything) cellular-based accident prevention system Analyst coverage recently initiated What could be smarter than playing it safe, particularly when on the road as a driver? Driving defensively certainly helps, but, more often than expected, the unexpected happens. If only you could have had some inkling of what was coming. Well perhaps you can. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is developing unique safety solutions for the automotive industry that provide real-time information to prevent accidents. Combining stereo/quad-camera vision with three-dimensional…

ThursdayJun 07, 2018 2:09 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Close to Rolling Out Cutting-Edge Vision System for Driverless Cars

QuadSight™ multi-spectral automotive vision system detects close to 100 percent of obstacles System uses four cameras to detect obstacles in all lighting and weather conditions Foresight expects QuadSight™ to be commercialized next year Insurance industry evidence shows that driver-assistance technology reduces vehicle crashes, injuries and deaths With recent fatal accidents fresh in the public mind involving cars equipped with driver-assistance technology, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is pressing on with a unique obstacle-detection vision system that raises the safety standard higher than ever. In an audio press release on May 24 (http://ibn.fm/5LW5D), Foresight said that its QuadSight™ system…

WednesdayMay 09, 2018 8:30 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Agrees to Merge Eye-Net™ Activities with Tamda Ltd.

Automotive industry innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has signed a merger agreement with Tamda Ltd. (TASE: TMDA) and its controlling shareholder, Ipax Issues Ltd. Per the terms of the agreement, Foresight intends to spin off its activities related to the development of its Eye-Net™ accident prevention system into its wholly owned subsidiary before merging that subsidiary into Tamda. Upon closing of the transaction, Foresight will transfer 100 percent of the share capital of its subsidiary to Tamda in return for approximately 74.49 percent of Tamda’s share capital as of the closing…

MondayApr 23, 2018 2:14 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) Leads the Way in Automotive Vision Systems

Patented stereoscopic vision technology developed for driver assistance and accident prevention Innovative cell phone-based system, Eye-Net, requires no additional hardware Foresight well positioned to leverage the world’s largest car manufacturing market in China Based in Israel, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) specializes in driver assistance technology. The company was founded in 2015, and it is focused on the design, development and commercialization of detection technology for autonomous driving through its wholly owned subsidiary, Foresight Automotive Ltd. The company’s powerful, patented stereoscopic field-proven technology has been deployed throughout the world for almost 20 years. This technology uses advanced algorithms that…

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