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Stock impact report

Foresight Completes Additional Sale of QuadSight™ Prototype

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Business Wire
The prototype system was ordered by a leading Israeli defense company NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today an additional sale of a prototype of its flagship product QuadSight™, a four-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The prototype system was ordered by one of Israel’s leading defense companies. Revenue from the prototype system sale is expected to total tens of thousands of dollars. For the first time, the QuadSight™ prototype was tested by the customer prior to placing the order. The system was successfully evaluated over multiple days in both controlled and uncontrolled environments, including off-road driving conditions. The customer intends to use QuadSight™ in its future unmanned vehicles for the defense industry. Customer Show less Read more
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