Foresight Autonomous unit enters agreement with SoftBank, Japanese automaker

Foresight Autonomous (FRSX) announced that its wholly owned subsidiary, Eye-Net Mobile, has entered into a multi-phase agreement with SoftBank (SFTBY) and a leading Japanese vehicle manufacturer. The collaboration aims to evaluate Eye-Net’s cutting-edge cellular vehicle-to-everything technology as a key component in advanced driver assistance systems, potentially setting a new standard for road safety. Under the terms of the agreement signed earlier this year, Eye-Net is conducting a paid proof of concept project supported by SoftBank’s cellular network infrastructure. This initiative is designed to explore the integration of Eye-Net’s non-line-of-sight collision avoidance solution into the automaker’s future vehicle systems, addressing critical challenges in real-time situational awareness. The initial phase of the collaboration consists of an evaluation of Eye-Net Sense demonstration kit in a standalone mode. Upon successful evaluation, the parties may engage in the second phase of integrating Eye-Net Sense into the vehicle manufacturer’s infotainment systems. Successful completion of the first two phases could lead to the integration of the Eye-Net Sense solution into the manufacturer’s advanced driver assistance systems, potentially leading to the full commercial deployment in the manufacturer’s vehicles.