Headlines
Home / Archives for July 2018

Month: July 2018

SaturdayJul 28, 2018 1:50 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Developing Passive Sensor Vision System Technology for Autonomous Vehicles

FRSX’s QuadSight™ multi-camera vision solution is a stereoscopic system that detects obstacles in all weather and lighting conditions designed for semi-autonomous and autonomous vehicles In its corporate presentation, FRSX cites projection of the autonomous self-driving vehicle market reaching $60 billion by 2030, from Mordor Intelligence LLP FRSX has in development its Eyes-On™ and Eye-Net™ patent-pending accident prevention solutions Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), in an audio press release, detailed the advantages of its passive sensor vision system versus active ones. As sensors will play a key role in the development of self-driving vehicles, FRSX’s QuadSight™ passive sensor…

Continue Reading

FridayJul 27, 2018 12:25 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Increases Ownership in Rail Vision, Lands Sale of QuadSight™ Prototype

Foresight becomes largest shareholder in Rail Vision Ltd. Chinese company purchases prototype of Foresight’s breakthrough quad-camera vision system Foresight strengthens position as leader in providing vision solutions A leading innovator in automotive vision systems and driver assistance technology, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) has become the largest shareholder of Rail Vision Ltd. To reach this status, Foresight exercised $2.24 million of warrants, raising its ownership stake to approximately 35 percent of issued and outstanding shares and 34 percent on a fully diluted basis. Focused on revolutionizing the rail industry with obstacle detection solutions, advanced imaging and deep-learning…

Continue Reading

ThursdayJul 26, 2018 1:28 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Looks to Lead Autonomous Vehicle Race with Merger and Series of Private Placements

Foresight sets primary goal to sell prototype systems of QuadSight, its multi-spectral vision system for autonomous vehicles The company looks to establish mutual cooperation with key clients in automotive industry Foresight moves forward with plans to sell its Eyes-On automotive vision system to a leading Israeli vehicle importer Global autonomous vehicle market expected to reach $54.23 billion by 2026 While 2017 was the year of the electric vehicle, 2018 is slated to be the year of autonomy. Elon Musk predicted a fully autonomous Tesla (NASDAQ: TSLA) model by 2018, and General Motors Company (NYSE: GM) is slated to put its…

Continue Reading

WednesdayJul 11, 2018 1:39 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Offers Smart Car Technology that Makes Driving Safer

Advanced Driver Assistance Systems (ADAS) market to reach $143 billion by 2025 Successful test of Eye-Net V2X (vehicle to everything) cellular-based accident prevention system Analyst coverage recently initiated What could be smarter than playing it safe, particularly when on the road as a driver? Driving defensively certainly helps, but, more often than expected, the unexpected happens. If only you could have had some inkling of what was coming. Well perhaps you can. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is developing unique safety solutions for the automotive industry that provide real-time information to prevent accidents. Combining stereo/quad-camera vision with three-dimensional…

Continue Reading

MondayJul 02, 2018 11:23 am

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Prototype Deal, Secures Investment Funding

A leading importer of vehicles to Israel has signed with Foresight a non-binding MOU for the sale of the Eyes-On™ automotive vision system $12.4 million in private placement agreements signed with leading Israeli institutional investors Global advanced driver assistance system (ADAS) market expected to reach $67.43 billion by 2025, growing at 19 percent CAGR A rising demand for advanced driver safety and assistance systems that help drivers control vehicles and avoid accidents is fueling a global market for technological innovations in an increasingly high growth market, according to multiple industry research reports. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX),…

Continue Reading

Contact us: (310) 299-1717

ChineseWire
ChineseWire (CW)

8033 Sunset Blvd. Suite CW-1037
Los Angeles, California 90046
(310) 299-1717

Quote / Research
Get Quote
Site Search

Copyright © . ChineseWire / 8033 Sunset Blvd. Suite CW-1037, Los Angeles, California (310) 299-1717 / Disclaimers

Forms are protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.