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0 0.0687022900763359 0.0534351145038168 0.083969465648855 -0.0267175572519083 -0.0991603053435114 -0.0996183206106871 -0.148091603053435
Stock impact report

Foresight: Eye-Net and Softbank Corp. Successfully Complete Technology Validation Phase for Connected Mobility Applications in Japan [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, March 22, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision solution, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), announced today that SoftBank Corp. (Tokyo: 9434) (“SoftBank”) will collaborate with its business partners to initiate commercial validation efforts of Eye-Net's products in Japan following the successful completion of Eye-Net's technology validation. As previously announced on November 6, 2023, SoftBank and Eye-Net have entered into a multi-phase agreement initiated in a paid technological proof of concept (POC) project. The technological POC was confirmed to be successful after the Eye-Net Protect product met all of Softbank's predefined key performance indicators. During the POC, Eye-Net's location services were deployed on SoftBank's multi-access edge computing (MEC) infrastructure. This deployment follows extensive testing in diverse env Show less Read more
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