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Foresight Secures Additional Sale of QuadSight™ Prototype

FORESIGHT AUTONOMOUS HOLDINGS LTD AMERICAN DEPOSI (FRSX)  More Company Research Source: Business Wire
US:NASDAQ Investor Relations: ir.foresightauto.com
PDF Leading European vehicle manufacturer orders QuadSight™ prototype NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the additional sale of a prototype of its breakthrough QuadSight™ quad-camera vision system. The QuadSight™ multi-camera vision solution targets the semi-autonomous and autonomous vehicle market and is designed to allow near-100 percent obstacle detection with near zero false alerts under any weather and lighting conditions. The stereoscopic technology system was ordered by the truck division of one of Europe’s largest vehicle manufacturers. Revenue from the prototype system sale is expected to total tens of thousands of dollars. This is the second sale of QuadSight™ prototype system to a leading European original equipment manufacturer (OEM) demonstrating the company’s clear s [Read more]

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