Core Insights - Foresight Autonomous Holdings Ltd. has signed an agreement for a proof of concept (POC) project with a global Tier One automotive supplier to evaluate its 3D perception system for urban transit safety [1][2] - The POC project aims to assess the system's ability to accurately detect and measure curb heights and distances, enhancing situational awareness for drivers and potentially reducing accidents [2][4] - The commercial vehicle ADAS market is projected to grow from $17.66 billion in 2023 to $43.24 billion by 2030, with a compound annual growth rate (CAGR) of 13.64%, highlighting significant opportunities for technology innovators like Foresight [3] Company Overview - Foresight Autonomous Holdings Ltd. specializes in advanced 3D perception systems and cellular-based applications, with subsidiaries focused on various automotive and safety solutions [5][6] - The company's technology includes automatic calibration and dense 3D point cloud modules applicable across multiple sectors, including automotive and defense [6] Market Context - The commercial vehicle ADAS market is expanding rapidly, driven by smart city initiatives and advancements in AI and sensor integration, creating substantial opportunities for OEMs and fleet operators [3] - ADAS for buses is a key segment within this market, as public transportation providers prioritize safety, efficiency, and regulatory compliance [3]