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Foresight Signs AI-Driven Smart Parking Solutions Collaboration Agreement with South Korean 7meerkat and KONEC
GlobeNewswire News Room· 2024-12-04 13:05
The parties will collaborate to develop and commercialize advanced  AI-powered parking management solutions to enhance urban parking, making it smarter, more efficient and user-friendly Ness Ziona, Israel, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today the signing of a three-way multi-phase strategic cooperation agreement with 7meerkat Ltd. (“7meerkat”), a South Korean company ...
Foresight, GINT and KONEC Announce Collaboration Agreement to Revolutionize Autonomous Tractors in South Korea
GlobeNewswire News Room· 2024-12-02 12:55
Core Insights - Foresight Autonomous Holdings Ltd. has signed a three-way cooperation agreement with GINT Ltd. and KONEC Ltd. to develop advanced 3D perception solutions for autonomous tractors and construction equipment [1][3] - The initial focus will be on designing and commercializing autonomous tractor kits that integrate Foresight's 3D perception capabilities, enhancing operational safety and efficiency [2][3] Company Overview - Foresight Autonomous Holdings Ltd. specializes in smart multi-spectral vision software solutions and cellular-based applications, with subsidiaries focused on various automotive technologies [6][7] - GINT Ltd. is known for its autonomous driving tractor kit "Pluva Auto," which is the top-selling product in South Korea, and develops technologies for agricultural and construction machinery [4] - KONEC Ltd. is a leading Tier-One automotive supplier that manufactures parts for eco-friendly vehicles and is expanding into new industries aligned with electrification and software advancements [5] Collaboration Details - The collaboration will integrate Foresight's technology into GINT's autonomous control logic units, with KONEC leading market penetration efforts [3] - A commercial agreement is expected to be finalized by the end of Q1 2025, which will facilitate advancements in agricultural technology [3]
Foresight: Eye-Net Signs Agreement with Software République for Deployment of its Advanced Digital Services in France
GlobeNewswire News Room· 2024-11-27 14:01
The founders of Software République include Dassault Systèmes, Eviden, JC Decaux, Orange, Renault Group, STMicroelectronics and Thales. Software République is engaged in a road safety and mobility project in the metropolitan area of Bordeaux, France in collaboration with Allianz IARD, a leading global insurance company, Bordeaux University, Bordeaux INP, a scientific institution and Keolis Bordeaux Métropole Mobilités, the leading public mobility services provider in Bordeaux. Successful completion of integ ...
Foresight's Cutting-Edge 3D Perception Technology in Line with Expected Trump Administration's Support for Autonomous Vehicle Regulations
GlobeNewswire News Room· 2024-11-19 12:55
Ness Ziona, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced that its stereoscopic 3D perception systems would likely comply with the strategic initiative of the impending Trump administration’s recent publicly stated commitment to establish a federal framework for fully self-driving vehicles and make it a top priority for the Department of Transportation. We believe that ...
Foresight Launches Six Advanced Stereoscopic Sensor Kits to Revolutionize Industrial and Automotive 3D Perception
GlobeNewswire News Room· 2024-11-12 13:25
Foresight’s new sensor kit portfolio, designed for serial production, empowers developers and manufacturers across diverse sectors, including automated special purpose vehicles, warehouse and logistics automation, drones, unmanned aerial vehicles, aviation, and autonomous vehicle applications. Ness Ziona, Israel, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced the launch of its a ...
Foresight to Present at the LD Micro Main Event XVII
Newsfile· 2024-10-15 13:00
. ● ● Foresight to Present at the LD Micro Main Event XVII October 15, 2024 9:00 AM EDT | Source: LD Micro Ness Ziona, Israel--(Newsfile Corp. - October 15, 2024) - Foresight Autonomous Holdings Ltd. (Nasdaq: FRSX) (TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, today announced that Eli Yoresh, Chief Financial Officer of the Company, and Oren Bar-On, Vice President of Global Operations of the Company and Foresight Changzhou Chief Executive Officer, will present at the ...
Foresight Signs Multi-Phase Collaboration Agreement with BuilderX
GlobeNewswire News Room· 2024-09-27 12:50
Following successful POC project completion, the parties will develop and commercialize AI tele-operations solutions for heavy machinery to improve safety in hazardous industrial environments. Ness Ziona, Israel, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, announced today the signing of multi-phase collaboration agreement with BuilderX Inc. ("BuilderX"), a Chinese developer of artific ...
Foresight Signs Strategic Agreement with Leading AI Company to Commercialize Advanced Solutions for Smart Transportation
GlobeNewswire News Room· 2024-09-24 12:35
CDG, a $IB annual revenue corporation, will leverage its expertise to lead the marketing and sales efforts of the intelligent traffic systems in mainland China Ness Ziona, Israel, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, announced today the signing of a multi-phase strategic cooperation agreement with China Design Group Co. Ltd. ("CDG") (Shenzhen: 603018), a $1 billion annual reven ...
Foresight Announces Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-09 12:40
NESS ZIONA, Israel, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, today reported financial results for the second quarter of 2024. Q2 and recent key highlights: Foresight enhanced global commercial partners network in main target markets: ● Signed collaboration agreement with Korean Tier-One KONEC, sponsored by Hyundai's Foundation. ● Announced it will supply advanced systems for SUNWAY- ...
Foresight Collaborates with Higer Bus Company and Xi'an Jiaotong-Liverpool University to Enhance Autonomous Bus Perception
GlobeNewswire News Room· 2024-07-29 12:45
Ness Ziona, Israel, July 29, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in automotive vision systems, announced today the signing of an agreement for a paid proof of concept (POC) project with Xi'an Jiaotong-Liverpool University ("XJTLU"), China's largest Sino-foreign cooperative university. The project aims to install and integrate Foresight's QuadSight® technology into Higer Bus Company Limited ("Higer") autonomous buses ...