Foresight Autonomous Holdings (FRSX) has released an update.
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Foresight Autonomous Holdings reported a decrease in both operating and net losses for Q3 2024, alongside a series of strategic collaborations aimed at enhancing its presence in the autonomous vehicle market. These partnerships, including agreements with SUNWAY-AI and BuilderX Robotics, leverage Foresight’s advanced perception technology to tackle safety and efficiency challenges in various transportation sectors. Despite a drop in revenue, these initiatives underscore Foresight’s commitment to innovation and position it for future growth in smart transportation solutions.
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