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 its first order for an Eye-Zone automotive system from a leading global Japanese vehicle manufacturer. According to the announcement, the parties will begin a paid proof-of-concept (“POC”) project to evaluate the added value and capabilities of Eye-Zone as a software vehicle-to-everything (“V2X”) communication layer, allowing for unprecedented, seamless communication between vehicles and all road users (including vulnerable road users). The POC will include integrating Eye-Zone within the automaker’s advanced driver assistance system (“ADAS”) as an enhancement layer for the vehicle’s safety capabilities.
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About Foresight Autonomous Holdings Ltd.
Foresight is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (“3D”) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com.
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