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Foresight Autonomous Holdings ( (FRSX) ) has provided an announcement.
On February 14, 2025, Foresight Autonomous Holdings Ltd. announced a development service agreement with a leading Japanese manufacturer of road traffic and hazard management products. This collaboration, facilitated by Cornes Technologies Limited, aims to implement Foresight’s advanced 3D perception system to enhance road safety and efficiency through real-time hazard monitoring, especially in challenging conditions. The agreement is expected to accelerate Foresight’s revenue growth and improve its industry positioning by providing innovative solutions for road safety.
More about Foresight Autonomous Holdings
Foresight Autonomous Holdings Ltd. is a technology company specializing in developing smart multi-spectral vision software solutions and cellular-based applications. Through its subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd., and Eye-Net Mobile Ltd., the company focuses on creating both ‘in-line-of-sight’ vision systems and ‘beyond-line-of-sight’ accident-prevention solutions. Its products cater to various markets like automotive, defense, autonomous vehicles, and heavy industrial equipment, enhancing road safety and situational awareness with advanced AI technology and analytics.
YTD Price Performance: -35.72%
Average Trading Volume: 843,327
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.63M
Find detailed analytics on FRSX stock on TipRanks’ Stock Analysis page.
