Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives Notice of Allowance for First US Patent Application Relating to Core Technology”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) on Wednesday announced financial results for the fourth quarter and full year 2018. Per the update, Foresight ended Q4 of 2018 with $15.7 million in cash and short-term deposits. This amount does not include approximately $6.2 million in gross proceeds raised through a March 19, … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Financial Results for Q4 and Full Year 2018”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) on Tuesday announced the closing of an underwritten public offering of 4,100,000 American Depositary Shares (“ADSs”), which includes 100,000 ADSs sold pursuant to a partial exercise by the underwriters of the underwriters’ over-allotment option, each at a price to the public of $1.50 per ADS. … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Closes Public Offering of 4.1M American Depositary Shares”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced the pricing of an underwritten public offering of 4,000,000 American Depositary Shares (“ADSs”), each at a price to the public of $1.50 per ADS, with expected gross proceeds of approximately $6,000,000 to the company. According to the update, the company intends to … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices Public Offering of 4M American Depositary Shares”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its affiliate, Rail Vision Ltd., and Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, an affiliate of Knorr-Bremse AG, executed an agreement in which Knorr-Bremse will invest $10 million in Rail Vision for a 21.3% share of Rail Vision. The investment will be made … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Affiliate Receives $10M Strategic Investment”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., in collaboration with the municipality of Netanya and the National Road Safety Authority, successfully completed a controlled trial of its Eye-Net solution. Eye-Net is a cellular-based vehicle-to-everything (“V2X”) accident prevention solution designed to use … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Subsidiary Completes Successful Trial of V2X Solution in Netanya, Israel”
Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight product, a four-camera vision system targeted for the semi-autonomous and autonomous vehicle market. According to the update, one of Israel’s leading defense companies ordered the prototype system with the intention of using … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Prototype Ordered by Leading Israeli Defense Company”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight(TM) vision system was named a finalist in the prestigious 2019 Edison Awards in the Transportation & Logistics, Autonomous Vehicles category. The Edison Awards, named after Thomas Alva Edison, recognize and honor the best in innovators and innovations around the … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight(TM) Selected as 2019 Edison Awards Finalist”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into an investment agreement, a development services agreement, and a binding memorandum of understanding (“MOU”) for manufacturing and engineering consulting services with RH Electronics Ltd., a primary contractor in the manufacturing and assembly of electronic systems. According to the update, … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $1M Investment and Enters Binding Agreements, Strategic Development Alliance with RH Electronics”
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its wholly owned subsidiary Eye-Net Mobile Ltd. has successfully installed its Eye-Net application’s communication layer on the data center of a leading Israeli cellular provider. A V2X cellular-based accident prevention solution, Eye-Net is designed to provide real-time pre-collision alerts to pedestrians … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Collaborates with Leading Israeli Cellular Provider in Successful Initial Integration”
