Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it has started developing a mass screening solution for the detection of COVID-19 symptoms based on visible-light and thermal cameras. According to the update, the Company has submitted a patent application to the U.S. Patent and Trademark Office for … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Leveraging Thermal Imaging, AI Expertise in Development of Solution to Detect COVID-19 Symptoms”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, on Thursday released financial results for the first quarter of 2020. According to the update, Foresight ended Q1 of 2020 with $6.8 million in cash and short-term deposits. This amount excludes aggregate gross proceeds of $8 million from previously announced offerings that … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Financial Results for Q1 2020”
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 8,333,334 of the Company’s American Depositary Shares (“ADSs”), each at a price of $0.60, pursuant to a registered direct offering. Foresight will secure approximately $5 million in … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices $5MM Registered Direct Offering”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it has joined the All Weather Autonomous Real logistics operations and Demonstrations (“AWARD”) consortium. According to the update, the AWARD consortium submitted an application to the European Commission (“Horizon 2020”) to win funding for a large-scale project aimed at … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Joins AWARD Consortium for Development of Autonomous Heavy-Duty Vehicles”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced the sale of a prototype of its QuadSight(R) four-camera vision system to a leading, multi-billion dollar European Tier One supplier of subsystems for rail and commercial vehicles. According to the update, the sale followed successful live technological demonstrations in Germany. … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Sale of QuadSight(R) Prototype to Leading European Tier One Commercial Vehicle Supplier”
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 5,300,000 of the Company’s American Depositary Shares (“ADSs”), each at a price of $0.50, pursuant to a registered direct offering. Foresight will secure approximately $2.65 million in … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices $2.65MM Registered Direct Offering”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its affiliate, Rail Vision Ltd. (for which Foresight owns approximately 24% outstanding shares), received its first commercial order from a leading European train operator. According to the update, the order consists of the purchase of an Assisted Remote Shunting … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Affiliate Rail Vision Receives First Commercial Order from Leading European Train Operator”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today provided an update on its operational and financial measures in response to the COVID-19 pandemic. According to the update, the company and its wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., are fully maintaining business activities as usual, with … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Continued Progress Amidst COVID-19”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into an agreement with FLIR Systems Inc. (NASDAQ: FLIR), the world’s largest and leading commercial company specializing in the design and production of thermal imaging cameras, components and sensors. Under the agreement, the parties will establish a strategic … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Enters Agreement with FLIR Systems Inc. (NASDAQ: FLIR) to Develop, Market and Distribute QuadSight(R) Vision System”
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 collaboration agreement with NoTraffic Ltd., which has developed a novel and proprietary platform solution that solves today’s traffic challenges while unlocking mobility benefits for traffic agencies. According to the … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Enters Collaboration Agreement with Smart City Company NoTraffic Ltd.”