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-0.000172384071711755 -0.000172384071711755 0.00844681951387694 0.0170660230994656 0.00844681951387694 -0.0044819858645062 0.0267195311153249 0.00844681951387694
Stock impact report

Foresight: Elbit Systems will Deploy Foresight's Breakthrough Technology with Order from Leading Defense Customer [Yahoo! Finance]

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Yahoo! Finance
Ness Ziona, Israel, April 03, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, announced today that Elbit Systems Ltd. (“Elbit”) will commercially deploy the Company's cutting-edge software solution to a key customer in the defense industry, who will install it in its fully autonomous defense vehicles. This marks the first time Foresight's innovative 3D image processing software, recognized as a breakthrough technology by Israel's Ministry of Defense, will be commercially licensed to one of Elbit's end-customers. The Company believes this initial commercial deployment will lead to additional orders of software licenses from the same customer in the near future. As previously announced on July 17, 2023, Foresight signed an exclusive commercialization agreement with Elbit after demonstrating the outstanding performance of its image processing software solution. Foresight's Show less Read more
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