Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that it has entered into private placement agreements with Israeli investors, including two prominent Israeli institutional investors, Meitav Dash Group and Psagot Investment House. Per the agreements, Meitav Dash Group will invest approximately $4.1 million, Psagot Investment House will invest approximately $1.4 million, and additional investors … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $6.9M through Private Placements”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has entered into private placement agreements with Harel Insurance, a prominent Israeli institutional investor. Per the agreement, Foresight will issue 9,756,097 ordinary shares at approximately $0.56 per ordinary share, subject to customary closing conditions. The company also agreed to issue warrants to purchase … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $5.5M Through Private Placement”
Receives first QuadSight™ prototype order from truck division of a large European vehicle manufacturer QuadSight™ system uses two pairs of stereoscopic infrared and daylight cameras that exceed a human driver’s ability to see, regardless of weather or lighting conditions QuadSight™, Eyes-On™ and Eye-Net™ are accident prevention products revolutionizing the safety and dependability of driver assistance … Continue reading “Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First Order for Breakthrough QuadSight™ Technology Product”
Related Editorial Self-driving cars are close to becoming a reality. When this happens, the sensors they use will be particularly important. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) (FRSX Profile) is developing a sensor system that uses multiple visual light and infrared cameras in stereoscopic technology to interpret its surroundings. Google’s parent company Alphabet, … Continue reading “NetworkNewsAudio – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Advanced Technology Draws Attention in Automotive Industry”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has made the first sale of a prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The first system was ordered by the truck division of a large European vehicle manufacturer to assess the system and … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First QuadSight™ Prototype Order”
Advanced Driver Assistance Systems (ADAS) market to reach $143 billion by 2025 Successful test of Eye-Net V2X (vehicle to everything) cellular-based accident prevention system Analyst coverage recently initiated What could be smarter than playing it safe, particularly when on the road as a driver? Driving defensively certainly helps, but, more often than expected, the unexpected … Continue reading “Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Offers Smart Car Technology that Makes Driving Safer”
QuadSight™ multi-spectral automotive vision system detects close to 100 percent of obstacles System uses four cameras to detect obstacles in all lighting and weather conditions Foresight expects QuadSight™ to be commercialized next year Insurance industry evidence shows that driver-assistance technology reduces vehicle crashes, injuries and deaths With recent fatal accidents fresh in the public mind … Continue reading “Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Close to Rolling Out Cutting-Edge Vision System for Driverless Cars”
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that, together with the city of Ashdod and NoTraffic Ltd., it has successfully completed a controlled trial of its Eye-Net™ accident prevention solution. The trial examined integration and interfacing of Eye-Net™, the company’s V2X cellular-based accident prevention solution, with smart infrastructure in the city of … Continue reading “NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Successfully Completes Eye-Net™ Controlled Trial”
Independent equity research firm JGR Capital this morning announced that it has initiated coverage on Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems. Among other highlights, JGR noted that the company is operating in a rewarding market, as the demand for Advanced Driver Assistance System (“ADAS”) is anticipated to increase … Continue reading “NetworkNewsBreaks – JGR Capital Initiates Coverage on Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)”
Detection systems provide drivers with safety features that cut through all weather and lighting conditions Foresight’s trademark QuadSight system utilizes stereo vision technology, coupled with infrared and visible light cameras, to detect objects under all weather and lighting conditions Additional products are Eyes-On, an advanced ADAS system, and Eye-Net, a cellular-based accident prevention solution ADAS … Continue reading “Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Products Envision World of Reduced Traffic Accidents”
