Foresight Autonomous Holdings Ltd. FRSX Archives - Page 7 of 11

ThursdayJul 11, 2019 9:30 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Subsidiary to Conduct Five Day Trial of Cellular-Based Accident Prevention Solution

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., will conduct a large-scale trial of its Eye-Net(TM) cellular-based accident prevention solution for the first time. The five-day trial is set to take place in Israel from July 24th until July 29th, 2019. The trial represents a key milestone for Eye-Net as it evolves from technology to product. Thousands of users are anticipated to participate in the trial, which is open to the general public and is limited to the first 30,000 enrolled participants. A trade-in company of leading car…

MondayJul 08, 2019 10:52 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Completes Successful Demonstrations for Leading US Vehicle Manufacturers and Suppliers

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its successful completion of a series of technological demonstrations of its QuadSight vision system in the United States for five leading vehicle manufacturers (“OEMs”) and six Tier One suppliers. According to the update, the series was carried out in the Silicon Valley area and in Detroit, building on recent successful technological roadshows in Japan and France. FLIR Systems, a world-leading industrial technology company focused on intelligent sensing solutions, assisted with the series of demonstrations, with Foresight presenting its QuadSight vision system at FLIR’s booth at the…

FridayJun 28, 2019 10:27 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Enters Multi-Phase Agreement with Chinese Tier One Automotive Supplier

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into a multi-phase technological cooperation agreement with a Chinese Tier One supplier. Under the agreement, Foresight will develop smart mobility solutions for the Chinese automotive industry, specifically for two Chinese vehicle manufacturers (“OEMs”). “I am pleased that our technology has reached a level of maturity allowing us to engage in such agreements,” Foresight CEO Haim Siboni said in the news release. “Working closely with a Tier One supplier will allow us to gain a foothold in the large and growing Chinese market and enable us…

WednesdayJun 19, 2019 9:31 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Exclusive Marketing Agreement with Subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that it has signed a commercial agreement with Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT), for exclusive marketing of its proprietary image processing software for the defense, paramilitary and homeland security markets. Elbit, a leading defense electronics company based in Israel, plans to integrate Foresight’s image processing software into its products, systems and solutions, and to market it internationally. The software will be implemented in wheeled military and security ground vehicles, including unmanned vehicles. Per the agreement, Foresight will sell the…

WednesdayJun 05, 2019 9:53 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Launches QuadSight Demonstration Center

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced the opening of its innovative demonstration center. Per the update, the QuadSight demonstration center, located near the company's offices, provides investors, customers and business partners with the opportunity to ride in a vehicle that’s equipped with Foresight’s automotive vision system. The advanced demonstration equipment simulates rain, fog, glare and complete darkness, enabling participants to see and experience, in real time, QuadSight’s obstacle detection capabilities in extreme weather and lighting conditions. “We are proud to launch our innovative demonstration center in Israel to investors and partners,” Foresight…

WednesdayMay 22, 2019 10:59 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Completion of QuadSight Demos for Leading OEMs, Tier One Suppliers

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its successful completion of a series of technological demonstrations of its QuadSight vision system in France. Per the update, the demonstrations for four leading vehicle manufacturers (“OEMs”) and Tier One suppliers follow a successful technological roadshow in Japan with six additional OEMs and Tier One suppliers, several expressing interest in purchasing the QuadSight prototype system for further evaluation. “I am fully confident in the strength of our product and the growth potential of our company,” Foresight CEO Haim Siboni said in the news release. “In recent months,…

ThursdayMay 16, 2019 9:21 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Q1 2019 Financial Results

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, on Wednesday reported financial results for the first quarter 2019. Among other highlights, the company ended the quarter with $19.3 million in cash and short-term deposits, GAAP net loss of $3.3 million, and non-GAAP net loss of $2.9 million. In addition, the update also provided an overview of corporate accomplishments and balance sheet highlights for the quarter. “The year has started off on a very positive note as we demonstrated progress across all business activities, including an additional sale of our QuadSight(TM) prototype. Our unique technology continues to gain…

TuesdayMay 14, 2019 9:24 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Distribution Agreement with Cornes Technologies

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, this morning announced the signing of a distribution agreement with Cornes Technologies, a leading Japanese trading house. Per the update, Cornes Technologies will have exclusive rights to promote and distribute Foresight’s QuadSight(TM) system in the Japanese market. Prior to the signing of this agreement, Foresight conducted real time live demonstrations of the QuadSight system at a technology roadshow in Japan with the assistance of Cornes Technologies. The excellent performance of the QuadSight system was well received at the roadshow, resulting in quite a few OEMs and Tier One suppliers…

MondayMay 13, 2019 10:03 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Demonstrate QuadSight at TU-Automotive Detroit

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its plans to exhibit at TU-Automotive Detroit, the world's largest auto tech conference and exhibition, at booth number A35 on June 5-6, 2019. According to the update, Foresight’s booth will feature its four-camera vision system, QuadSight, to demonstrate the technology’s ability to detect any obstacle in darkness, fog, rain or blinding glare. QuadSight, which features field-proven security technology and uses highly advanced image-processing algorithms, offers autonomous vehicles perception capabilities beyond those of human eyes while reducing the likelihood of accidents and injuries. Foresight VP of Business…

MondayApr 08, 2019 9:46 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Named ‘Gold Winner’ at 2019 Edison Awards

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight vision system was recognized at the prestigious 2019 Edison Awards, being named the ‘Gold Winner’ of the ‘Transportation & Logistics, Autonomous Vehicles’ category. Named after Thomas Alva Edison, the awards recognize and honor the world’s best innovators and innovations. A judging panel of more than 3,000 professionals from a wide range of organizations operating in the fields of product development, design, engineering, science, marketing and education selected Foresight’s QuadSight quad-camera stereoscopic vision system for this honor. The system adapts field-proven security technology that…

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