Core Viewpoint - Foresight Autonomous Holdings Ltd. is advancing its collaboration with SoftBank Corp. to validate Eye-Net's V2X collision prediction and prevention technology, aiming to enhance road safety and operational efficiency through real-time location information exchange among road users [1][2][3] Group 1: Collaboration Details - The collaboration builds on positive results from a previous proof-of-concept project with SoftBank, focusing on tailoring the solution to meet SoftBank's specific needs and evaluating its potential for new market introductions [2] - The initiative emphasizes a shared commitment to accelerating the deployment of connected mobility solutions, which is expected to improve situational awareness and reduce traffic-related incidents in Japan and beyond [3] Group 2: Company Overview - Eye-Net develops next-generation V2X collision prevention solutions and smart automotive systems aimed at enhancing road safety and situational awareness for all road users in urban environments, utilizing advanced AI technology and existing cellular networks for real-time pre-collision alerts [4] - Foresight Autonomous Holdings Ltd. is a technology company focused on developing advanced 3D perception and cellular-based applications through its subsidiaries, including Eye-Net Mobile Ltd., which specializes in both "in-line-of-sight" and "beyond-line-of-sight" accident-prevention solutions [6][7]

Core Insights - Foresight Autonomous Holdings Ltd. has been invited by Audi AG to participate in the "Minds and Makers" startup event, focusing on potential collaboration opportunities in vehicle development [1][3] Group 1: Company Overview - Foresight is a technology company specializing in advanced 3D perception systems and cellular-based applications, with subsidiaries including Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd., and Eye-Net Mobile Ltd. [4] - The company develops both "in-line-of-sight" vision systems and "beyond-line-of-sight" accident-prevention solutions [4] Group 2: Technology and Solutions - Foresight's terrain intelligence solution offers real-time 3D analysis, providing accurate depth perception and road segmentation, and is effective in various conditions, including fog and darkness [2] - The company's 3D perception systems include automatic calibration modules and dense 3D point clouds applicable across multiple markets such as automotive, defense, and agriculture [5] Group 3: Collaboration with Audi - During the Audi event, Foresight conducted in-car demonstrations and engaged with Audi team members to discuss a potential proof-of-concept project for integrating its technology into Audi's vehicle development processes [3]

Core Points - Foresight Autonomous Holdings Ltd. and its subsidiary Eye-Net Mobile Ltd. have secured a $3 million investment based on a pre-money valuation of $55 million for Eye-Net [1][2] - The investment represents approximately 5.17% of Eye-Net's ordinary shares, with antidilution protections for investors in case of a down round within a year, subject to a floor valuation of $30 million [2] - Foresight will issue Series A and Series C Warrants for American Depositary Shares (ADSs) at specified exercise prices, with a total of up to 2,751,152 ADSs available for purchase [3] Financial Details - The gross proceeds from the investment amount to $3 million before any deductions for fees and expenses [1] - The Series A Warrants have an exercise price of $0.02 per ADS, while the Series C Warrants have an exercise price of $2.7125 per ADS [3] - The exercise price of Series B Warrants has been repriced from $6.0375 to $2.7125 per ADS [3] Use of Proceeds - Eye-Net intends to utilize the net proceeds from this offering for working capital and general corporate purposes [4] Company Overview - Eye-Net develops advanced V2X collision prevention solutions and smart automotive systems aimed at enhancing road safety through AI technology and real-time alerts [7] - Foresight Autonomous Holdings Ltd. focuses on developing 3D perception systems and cellular-based applications across various markets, including automotive and defense [9][10]

Core Viewpoint - Foresight Autonomous Holdings Ltd. plans to conduct a reverse share split at a ratio of 1-for-7, effective on August 24, 2025, on the Tel-Aviv Stock Exchange and August 25, 2025, on the Nasdaq Capital Market [1][2]. Company Overview - Foresight Autonomous Holdings Ltd. is a technology company focused on developing advanced 3D perception systems and cellular-based applications [5]. - The company operates through subsidiaries including Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd., and Eye-Net Mobile Ltd., which develop both "in-line-of-sight" vision systems and "beyond-line-of-sight" accident-prevention solutions [5]. Reverse Share Split Details - The reverse share split will not change the existing ratio of ordinary shares represented by the Company's American Depositary Shares (ADSs) [2]. - Following the reverse share split, the ADS price is expected to increase proportionally, although there is no assurance that the post-split price will match the expected proportionate increase [2]. - The reverse share split aims to help the company maintain compliance with Nasdaq listing requirements, though success in this goal is not guaranteed [2]. Shareholder Impact - The reverse share split will not affect any shareholder's percentage ownership or voting power [4]. - No fractional new ADSs will be issued; instead, fractional entitlements will be aggregated and sold, with net cash proceeds distributed to ADS holders [4]. Product and Market Applications - Foresight's 3D perception systems include automatic calibration modules and dense 3D point clouds applicable in various markets such as automotive, defense, autonomous driving, agriculture, heavy industrial equipment, and unmanned aerial vehicles (UAVs) [6]. - Eye-Net Mobile focuses on developing next-generation vehicle-to-everything (V2X) collision prevention solutions, enhancing road safety and situational awareness through AI technology and existing cellular networks [7].

Core Insights - Foresight Autonomous Holdings Ltd. reported financial results for Q2 and the first half of 2025, highlighting progress in commercial agreements and technological advancements in 3D perception systems [1][4][6]. Second Quarter Corporate Highlights - Revenues for Q2 2025 were $128,000, a slight increase from $123,000 in Q2 2024, primarily driven by agreements with Elbit Systems and successful testing with Software République [6]. - The company signed a $12 million commercialization agreement with Zhejiang StreamRail for urban rail transit integration, with expected deployment in 2026 [7]. - A collaboration with a Tier-One automotive supplier aims to enhance bus safety using Foresight's technology, with proof-of-concept testing ongoing in H2 2025 [7]. First Half 2025 Corporate Highlights - Total revenues for the first half of 2025 reached $240,000, compared to $224,000 in the same period of 2024 [9]. - Research and development expenses decreased by 2.2% to $4,426,000, while sales and marketing expenses increased by 9.2% to $629,000 [9]. - General and administrative expenses rose by 11.6% to $1,296,000, mainly due to increased share-based compensation [9]. Financial Performance - GAAP net loss for Q2 2025 was $2,815,000, improving from a loss of $3,172,000 in Q2 2024 [9]. - Non-GAAP net loss for Q2 2025 was $2,598,000, compared to $3,030,000 in Q2 2024 [10]. - For the first half of 2025, GAAP net loss was $6,095,000, compared to $4,708,000 in the first half of 2024 [10]. Balance Sheet Highlights - As of June 30, 2025, cash and cash equivalents totaled $6,392,000, down from $7,182,000 at the end of 2024 [18]. - Total equity decreased by 16.4% to $5,625,000, primarily due to the net loss for the period [18]. Technological Developments - Foresight enhanced its perception systems by integrating NVIDIA Jetson Orin platforms, significantly improving AI processing capabilities for automotive and drone applications [7]. - Eye-Net Mobile made significant strides in V2X safety, completing a paid proof-of-concept with a major European OEM and achieving successful trial results in France [5].

Core Insights - Eye-Net Mobile Ltd., a subsidiary of Foresight Autonomous Holdings Ltd., has completed the first phase of a significant mobility trial in Bordeaux, France, focusing on enhancing urban road safety through its V2X collision prevention technology [1][2][3] - The second phase of the trial is scheduled for the fourth quarter of 2025, involving up to 10,000 participants and testing the alert system in live urban environments [4][5] Company Overview - Foresight Autonomous Holdings Ltd. specializes in advanced 3D perception systems and has developed a V2X platform that integrates with mobile applications to provide real-time collision alerts [1][7] - Eye-Net's technology achieved a detection rate of over 99% for interactions between road users, demonstrating its effectiveness in urban settings [5][6] Collaboration and Ecosystem - The Bordeaux trial is conducted in collaboration with several partners, including Renault Group and Orange S.A., as part of the Software République initiative aimed at intelligent and sustainable mobility solutions [2][9] - The Software République is an open innovation ecosystem that combines expertise from various sectors to address challenges in connected vehicles and smart cities [10][11] Future Developments - The trial's success is seen as a testament to the scalability and reliability of Eye-Net's platform, with plans for further advancements to meet the complex demands of modern urban environments [6][12]

Core Insights - The POC project aims to integrate Eye-Net's V2X technology into the safety systems of a leading European vehicle manufacturer, enhancing situational awareness for vehicles and vulnerable road users [1][2] - The first phase of the POC successfully validated the performance and compatibility of Eye-Net's technology, demonstrating seamless communication between the vehicle and nearby road users [2][3] - Future phases will focus on customizing Eye-Net's technology for specific needs of the vehicle manufacturer and integrating it into the vehicle's display system [3] Company Overview - Foresight Autonomous Holdings Ltd. is a technology company specializing in advanced 3D perception systems and cellular-based applications, with a focus on automotive safety and situational awareness [6][7] - Eye-Net Mobile Ltd., a wholly-owned subsidiary of Foresight, develops next-generation V2X collision prevention solutions leveraging AI technology and existing cellular networks [4][6] - Foresight's 3D perception systems are applicable across various markets, including automotive, defense, and autonomous driving [7]

Core Viewpoint - Foresight Autonomous Holdings Ltd. reported its financial results for the fourth quarter and full year ended December 31, 2024, highlighting a significant reduction in net losses and strategic advancements in 3D perception technology across various industries [1][3][5]. Financial Performance - For the year ended December 31, 2024, Foresight generated revenues of $436,000, a decrease of 12.3% from $497,000 in 2023 [2][10]. - The company reported a GAAP net loss of $11.1 million for 2024, a 39.5% decrease from a net loss of $18.4 million in 2023 [3][10]. - In the fourth quarter of 2024, revenues decreased by 26.8% to $101,000 compared to $138,000 in the same quarter of 2023 [7][10]. - The GAAP net loss for the fourth quarter of 2024 was $3.1 million, down from $3.6 million in the fourth quarter of 2023 [4][14]. Strategic Developments - Foresight launched six advanced stereoscopic sensor kits aimed at enhancing 3D perception in various sectors, including industrial automation and autonomous mobility [8]. - The company secured a commercial cooperation agreement with KONEC Co. Ltd. in South Korea, projecting sales of $1.5 million by 2027 and potential revenues of $7 million by 2029 [6]. - Foresight entered a multi-phase collaboration with Tata Elxsi Limited to develop advanced driver assistance systems (ADAS) and autonomous vehicle solutions, initially targeting the Indian market [6]. Market Position and Future Outlook - The company anticipates substantial revenue opportunities from its collaboration with KONEC and other strategic partnerships, reinforcing its leadership in 3D perception technology [5][6]. - Foresight's alignment with expected U.S. regulatory support for autonomous vehicles is seen as a significant factor in its long-term growth potential [5][8]. - Eye-Net Mobile, a subsidiary of Foresight, is advancing its vehicle-to-everything (V2X) collision prevention solution in Europe, enhancing urban mobility and road safety [5][8].

Core Insights - Foresight Autonomous Holdings Ltd. reported a GAAP net loss of $11.1 million for the year ended December 31, 2024, a 39.5% decrease from the previous year's loss of $18.4 million, indicating improved financial performance [3][10] - The company secured $4.75 million in financing in 2025, enhancing its financial position [2] - Foresight launched six advanced stereoscopic sensor kits aimed at various applications in industrial automation and autonomous mobility [8] Financial Performance - Total revenues for the year ended December 31, 2024, were $436,000, a decrease of 12.3% from $497,000 in 2023 [10] - For the fourth quarter of 2024, revenues decreased by 26.8% to $101,000 compared to $138,000 in the same quarter of 2023 [7][10] - Research and development expenses for the full year 2024 were $9.1 million, down 21.1% from $11.6 million in 2023 [10] - General and administrative expenses for the full year 2024 were $2.7 million, a decrease of 14.2% from $3.1 million in 2023 [10] Strategic Developments - Foresight signed a commercial cooperation agreement with KONEC Co. Ltd. to distribute its 3D perception solutions, with projected sales of $1.5 million by 2027 and potential revenues of $7 million by 2029 [6] - The company is collaborating with Tata Elxsi Limited to develop advanced driver assistance systems and autonomous vehicle solutions, initially targeting the Indian market [6] - Eye-Net Mobile, a subsidiary of Foresight, is advancing its V2X collision prevention solution in Europe through an agreement with Software République [5][6] Technological Advancements - The company launched six advanced stereoscopic sensor kits designed for various sectors, enhancing 3D perception capabilities [8] - Foresight's technology aligns with expected U.S. regulatory support for autonomous vehicles, potentially creating new opportunities for its products [8] - The collaboration with Bumhan Motors Ltd. aims to develop advanced 3D perception solutions for autonomous electric buses, with projected sales of 200 units in 2025 [6]