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Stock impact report

Foresight’s Successful U.S. Roadshow Leads to 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 system was ordered by an American subsidiary of a global Tier One supplier. 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 QuadSight™ four-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The prototype system was ordered by the American subsidiary of a leading global Tier One automotive supplier. Revenue from the prototype system sale is expected to total tens of thousands of dollars.The American supplier participated in a technological roadshow that took place in the Silicon Valley area at the beginning of July, as reported by the Company on July 8, 2019. The roadshow consisted of live, real-time demonstrations of the QuadSight system to vehicle manufacturers and Tier One suppliers. Different scenarios were tested, simulating obstacle detection in challenging weather and lighting conditions. Cu Show less Read more
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