Foresight and Indian Drone Manufacturer Sign MOU for Autonomous Industrial Drones Project
Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
US:NASDAQ Investor Relations:
ir.foresightauto.com
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Source: GlobeNewswire
The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing. Revenues from the commercialization of the jointly developed technology may reach up to $32 million by 2031 Ness Ziona, Israel, April 10, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced the signing of non-binding memorandum of understanding (the “MOU”) with a prominent Indian drone manufacturer to establish a framework for collaboration as part of the India-Israel Industrial research & development (R&D) and Technological Innovation Fund (“I4F”) program. This project follows Foresight’s signing of a commercial agreement with the same Indian drone manufacturer, as previously reported by the Company on January 14, 2025. The joint project aims to devel
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- Foresight Expands Road Safety Product Outreach in South Korea with a Strategic Cooperation AgreementGlobeNewswire
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FRSX
Sec Filings
- 12/23/25 - Form 6-K
- 12/22/25 - Form EFFECT
- 12/12/25 - Form F-3
- FRSX's page on the SEC website