Core Viewpoint - The collaboration between Foresight Autonomous Holdings Ltd. and StreamRail aims to enhance safety and operational efficiency in urban rail transit systems through the integration of advanced 3D perception technology [1][5]. Company Overview - Foresight Autonomous Holdings Ltd. specializes in developing advanced three-dimensional perception systems and cellular-based applications, targeting various markets including automotive and rail transit [7][8]. - StreamRail is a leader in rail transit technologies, focusing on intelligent control, detection, and maintenance solutions for rail systems, and has implemented its technologies in over 30 cities globally [6]. Collaboration Details - The initial phase of the collaboration will focus on developing an innovative obstacle detection system that utilizes advanced sensors and AI to reduce collision risks on rail tracks [2]. - The revenue potential from this project is estimated to reach up to $12 million by 2029, with commercialization expected to start in 2026 [2]. - StreamRail has secured exclusive distribution rights for the new solution in China, contingent upon achieving sales of at least $1.5 million during 2026 and 2027 [2]. Market Insights - The global market for Rail Transit Obstacle Detection Systems is projected to grow from $1.97 billion in 2024 to $3.2 billion by 2032, with the metro segment expected to lead this growth due to urbanization and the need for advanced safety solutions [4]. - The rising adoption of AI-powered and cloud-based monitoring technologies is a significant driver of this market growth [4]. Strategic Importance - The partnership signifies a shift from first-generation 2D to second-generation 3D technology in train safety systems, addressing key challenges in railway transportation [3]. - The collaboration is expected to deliver innovative, safe, and reliable onboard intelligent products, enhancing the overall value for global customers and passengers [3].

The parties will engage in a POC project to improve urban transit safety through precision curb detection system Ness Ziona, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced today the signing of an agreement for proof of concept (POC) project with a global Tier One automotive supplier to evaluate the effectiveness of its cutting-edge 3D perception system i ...

The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing. Revenues from the commercialization of the jointly developed technology may reach up to $32 million by 2031 Ness Ziona, Israel, April 10, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception system ...

Foresight to Participate in The LD Micro Invitational XV Foresight's 3D perception systems include modules of automatic calibration and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous driving, agriculture, heavy industrial equipment and unmanned aerial vehicles (UAVs). Eye-Net Mobile develops next-generation vehicle-to-everything (V2X) collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all roa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission ...

Exhibit 99.1 Foresight Announces Fourth Quarter and Full Year 2024 Financial Results NESS ZIONA, Israel — March 24, 2025 — Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2024. Foresight had revenues of $436,000 for the year ended December 31, 2024 and ended the year 2024 with $7.2 million in cash, cash equivalent and restricted cash. Sin ...

NESS ZIONA, Israel, March 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2024. Foresight had revenues of $436,000 for the year ended December 31, 2024 and ended the year 2024 with $7.2 million in cash, cash equivalent and restricted cash. Since the beginning of 2025, the Company has secured an additional $4.7 ...

NESS ZIONA, Israel, March 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2024. Foresight had revenues of $436,000 for the year ended December 31, 2024 and ended the year 2024 with $7.2 million in cash, cash equivalent and restricted cash. Since the beginning of 2025, the Company has secured an additional $4.7 ...

Foresight to equip autonomous drones and unmanned aerial vehicles with NVIDIA Jetson Orin platform for enhanced real-time perception, obstacle detection, and energy efficiency across diverse applications NESS ZIONA, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), a leading innovator in 3D perception systems, announces the integration of NVIDIA Jetson Orin computing platforms into its cutting-edge perception technologies. T ...

Foresight and Excava, a leading Indian Tier-One Supplier, intend to establish a locally incorporated partnership or joint venture to invest in manufacturing and sales activities in India. Foresight will be responsible for the technology and know-how transfer while Excava will handle manufacturing and sales activities in the Indian market. Ness Ziona, Israel, March 13, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perce ...