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Stock impact report

Foresight: Eye-Net Collaborates with Leading Japanese Insurance Company Aiming to Reduce Accident Rate Through Connected Dashcams

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: GlobeNewswire
The insurance company linked Eye-Net and a leading Japanese dashcam company for technology integration and product validation Ness Ziona, Israel, April 01, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has signed a three-way agreement for a proof-of-concept (POC) project with leading Japanese technology and insurance companies to assess the integration benefits of Eye-Net’s technology with dashboard cameras (dashcams) manufactured by the technology company. This strategic collaboration aims to empower drivers with tools that prevent accidents, to reduce insurance costs and to improve road safety. The technology company plans to evaluate, and potentially integrate, Eye-Net’s technology into its dashcams. By integrating Eye-Net’s technology into dashcams, the dashcam manufacturer would be able to offer an enhanced range Show less Read more
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