Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, released an update via a letter to shareholders regarding the company’s promising future despite challenges of the current economic environment. The letter, issued by Foresight’s founder and CEO, Haim Siboni, covers recent developments and a planned infrastructure for short- and long-term success. … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Shareholder Update Outlining Infrastructure for Success”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, on Thursday released its financial results for the second quarter of 2020. According to the update, Foresight ended the second quarter with $17.4 million in cash and short-term deposits. In addition, Foresight today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Q2 2020 Results, Eye-Net Pilot/Milestone on Commercial Roadmap”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its , Chief Financial Officer, Eli Yoresh, and Vice President of Business Development, Doron Cohadier, will present virtually at the LD Micro 500 Virtual Conference at 12:00 p.m. EDT on Tuesday, September 1, 2020. According to the update, Foresight management … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Present at LD Micro 500 Virtual Conference”
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 received a notice of allowance from the United States Patent and Trademark Office for patent application No. 16/496,826, for “system and method for preventing car accidents and collisions between vehicles and … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Receives Notice of Allowance for Patent Application”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, today announced the sale of two prototypes of its QuadSight(R) four-camera vision system to the automotive solutions business unit of a multi-billion dollar Chinese technology company. “Information and technology companies want to help vehicle manufacturers produce better cars. Our unique obstacle detection capabilities … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Sale of Two QuadSight(R) Prototypes to Leading Technology Company”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, today announced that it will begin a pilot project for its prototype COVID-19 symptom detection mass screening solution. According to the update, Meuhedet, one of Israel’s largest health maintenance organizations (“HMOs”), will evaluate the technology for several months. “As the COVID-19 virus continues … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Begin Pilot Project for Prototype COVID-19 Symptom Detection Solution”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its receipt of two orders for product development and customization from Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT), the leading Israeli defense company. Elbit Systems is Foresight’s first commercial customer. According to the update, Foresight … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Two Orders that Mark Significant Commercial Milestone”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced the appointment of seasoned executive Alain Charlois as Vice President of Strategic Partnerships, effective July 1, 2020. Charlois will be responsible for developing new business opportunities and identifying potential strategic partners in the Advanced Driver Assistance Systems (“ADAS”) and autonomous … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Appoints New VP to Develop Business Opportunities, Identify Potential Strategic Partners”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its receipt of notification from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), concerning minimum bid price listing requirements. As previously announced, Nasdaq had notified Foresight that its … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Regains Compliance with Nasdaq Listing Rule 5550(a)(2)”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 6,400,000 of the Company’s American Depositary Shares (“ADSs”), each at a price of $1.00, pursuant to a registered direct offering. Foresight will secure approximately $6.4 million in … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Pricing of $6.4M Registered Direct Offering”
