Foresight Autonomous Holdings ( (FRSX) ) has shared an update.
On March 13, 2025, Foresight Autonomous Holdings announced a significant commercial cooperation agreement with Excava Attachers Pvt. Ltd., a leading Indian Tier-One automotive supplier. This partnership aims to promote Foresight’s advanced 3D perception systems across various sectors in India, with a potential revenue of up to $19.5 million from 2025 to 2029. The agreement includes plans to establish a joint venture in India for manufacturing and sales, leveraging both companies’ strengths to drive innovation and growth in the industry. This collaboration is expected to enhance Foresight’s market presence in India and potentially lead to strategic investments from Excava.
More about Foresight Autonomous Holdings
Foresight Autonomous Holdings Ltd. is a technology company specializing in smart multi-spectral vision software solutions and cellular-based applications. The company develops both ‘in-line-of-sight’ vision systems and ‘beyond-line-of-sight’ accident-prevention solutions, targeting markets such as automotive, defense, autonomous vehicles, and heavy industrial equipment. Its subsidiary, Eye-Net Mobile, offers cellular-based solutions for real-time pre-collision alerts to enhance road safety.
YTD Price Performance: -46.97%
Average Trading Volume: 1,021,618
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.41M
Learn more about FRSX stock on TipRanks’ Stock Analysis page.