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Foresight: Eye-Net Signs a LOI to Conduct a Large-Scale V2X Pilot Project in the Manila Metropolitan in the Philippines [Yahoo! Finance]

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Yahoo! Finance
emergency services to the city's residents in various emergency scenarios, including natural disasters Ness Ziona, Israel, April 29, 2026 (GLOBE NEWSWIRE) Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today that its majority-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has entered into a non-binding Letter of Intent (LOI) with the City of Muntinlupa, a part of the Manila metropolitan area of the Philippines. The LOI outlines the parties' intention to cooperate in the field of smart urban mobility, collision prediction and prevention, and protection of road users. Muntinlupa, a city of approximately 600,000 residents, will serve as an ideal testbed for Eye-Net's proprietary cellular-based vehicle-to-everything (V2X) technology. Following the signing of the LOI, the parties will negotiate on a binding commercial cooperation agreement that includes, among other things: conducting liv Show less Read more
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