Foresight and RH Electronics to Join Forces for a Strategic Alliance
Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
US:NASDAQ Investor Relations:
ir.foresightauto.com
Company Research
Source: Business Wire
As part of the strategic alliance, RH intends to invest one million USD in Foresight at a premium share price NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE:FRSX), an innovator in automotive vision systems, announced today the signing of a non-binding Development and Investment Agreement with RH Electronics Ltd., a primary contractor in the manufacturing and assembly of electronic systems. The agreement covers the terms of RH’s engagement, directly and/or through its approved contractor, Tonson Labs, for a multi-phase project to develop chip-based FPGA and ASIC solutions for QuadSight™, Foresight’s four-camera vision system. Initially, RH will lay the infrastructure for an FPGA-board platform. Following completion of phase 1 and successful pass of acceptance tests, RH is planned to proceed towards development and manufacturing of an ASIC chip for the Qua
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FRSX
News
- Foresight Granted Patent Approval in Japan for All-Weather and Lighting Conditions Vision System [Yahoo! Finance]Yahoo! Finance
- Foresight Granted Patent Approval in Japan for All-Weather and Lighting Conditions Vision SystemGlobeNewswire
- Foresight: Elbit Systems will Deploy Foresight's Breakthrough Technology with Order from Leading Defense Customer [Yahoo! Finance]Yahoo! Finance
- Foresight: Elbit Systems will Deploy Foresight's Breakthrough Technology with Order from Leading Defense CustomerGlobeNewswire
- Foresight: Eye-Net Collaborates with Leading Japanese Insurance Company Aiming to Reduce Accident Rate Through Connected Dashcams [Yahoo! Finance]Yahoo! Finance
FRSX
Sec Filings
- 4/17/24 - Form 6-K
- 4/3/24 - Form 6-K
- 3/27/24 - Form 6-K
- FRSX's page on the SEC website