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Stock impact report

Foresight Advances Commercialization for Smart City and Road Safety Solutions with Leading Japanese Manufacturer

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: GlobeNewswire
Development phase underway, with initial sales expected in 2027 growing to a conservative potential of $3.6 million revenue by 2030 Ness Ziona, Israel, March 10, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today that it entered into a development and commercialization agreement of its 3D perception systems with leading Japanese manufacturer of smart city, road traffic, hazard management and traffic monitoring solutions (the “Japanese Manufacturer”). The agreement was signed together with the Company's Japanese distributor, Cornes Technologies Limited. The development phase is underway and is expected to be completed during the second quarter of 2027, generating initial revenues of approximately $250,000. Following completion of the development phase, initial product sales are expected in late 2027, growing to a conservative potential revenue of $3.6 million by 20 Show less Read more
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