Foresight Signs Memorandum of Understanding with Leading Car Importer in Israel for First Sales of Eyes-OnTM System
Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
US:NASDAQ Investor Relations:
ir.foresightauto.com
Company Research
Source: Business Wire
According to preliminary estimates by the importer, the importer's purchasing potential is approximately 21,000 systems over a period of three years from the signing of the binding agreement 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 memorandum of understanding with a direct importer of several leading vehicle manufacturers to Israel. The memorandum of understanding covers the terms of an agreement for the sale of Foresight’s Eyes-OnTM system for aftermarket configuration (installation of the product in vehicles after leaving the production line) and integration into the importer's vehicles in Israel. As a first step, once a binding agreement is signed, Foresight and the importer will carry out a pilot project using a beta version of the Eyes-OnTM
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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