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NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Aims to Address Customers’ Needs through QuadSight Prototype Sales

Company: Foresight Autonomous Holdings Ltd. (FRSX)
Category: Stock Spotlights

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) is committed to leading the way in providing inimitable automotive vision systems solutions and growing its foothold in the industry while addressing customers’ needs. An article discussing the company’s recent achievements reads: “In addition, Foresight announced a prototype sale of its breakthrough QuadSight quad-camera vision system designed for use in the autonomous and semi-autonomous vehicle market. A leading Chinese manufacturer of electric and autonomous vehicles ordered the prototype in order to evaluate the system’s performance with its current electric vehicles. Depending on the test results, the overseas manufacturer could implement QuadSight into future electric autonomous vehicle designs, a move that could mean significant revenue generation for Foresight.”

To view the full article, visit http://nnw.fm/6aPaM

About Foresight

Foresight Autonomous Holdings Ltd., founded in 2015, is 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. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com

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