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Foresight: Eye-Net and SoftBank Join Forces with Japanese Automaker to Advance Cellular V2X Technology for Enhanced Road Safety
FRSXForesight(FRSX) GlobeNewswire·2024-12-20 11:40

Core Viewpoint - Foresight Autonomous Holdings Ltd. has entered a multi-phase agreement with SoftBank Corp. and a leading Japanese vehicle manufacturer to evaluate Eye-Net Mobile's cellular vehicle-to-everything (C-V2X) technology for advanced driver assistance systems, aiming to enhance road safety [1][3]. Group 1: Agreement Details - Eye-Net Mobile is conducting a paid proof of concept (POC) project supported by SoftBank's cellular network infrastructure to explore the integration of its non-line-of-sight collision avoidance solution into future vehicle systems [2][9]. - The initial phase involves evaluating the Eye-Net Sense demonstration kit in standalone mode, with potential subsequent phases focusing on integration into the vehicle manufacturer's infotainment systems [9]. Group 2: Technology and Impact - Eye-Net's solutions provide real-time pre-collision alerts, enhancing road safety and situational awareness for all road users by utilizing advanced AI technology and analytics [5]. - The collaboration aims to protect millions of road users from non-line-of-sight collisions, marking a significant milestone in road safety innovation [3][7]. Group 3: Company Overview - Foresight Autonomous Holdings Ltd. develops smart multi-spectral vision software solutions and cellular-based applications through its subsidiaries, focusing on both in-line-of-sight and beyond-line-of-sight accident-prevention solutions [11].