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Stock impact report

Foresight Announces Rail Vision Will Examine Registration of its Shares on NASDAQ

Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX) 
US:NASDAQ Investor Relations: ir.foresightauto.com
Company Research Source: Business Wire
NESS ZIONA, Israel--(BUSINESS WIRE)-- Foresight Autonomous Holdings Ltd., a leading developer of Advanced Driver Assistance Systems (NASDAQ, TASE: FRSX), announced today that as reported by Rail Vision, (24.76% owned by Foresight) the board of directors of Rail Vision has approved to examine the possibility of listing Rail Vision's shares on NASDAQ. About Rail Vision Rail Vision was founded in January 2015, and it focuses on the development of a unique, first-of-its-kind cognitive vision system based on image processing technologies. Rail Vision's system is designed to rapidly alert engine drivers to obstacles on the railway tracks, in any weather and any lighting conditions, by using designated cameras for object identification. Since the average stopping distance of a train traveling at a high speed is around 800 – 1,200 meters, long-distance obstacle identification is a key to railway safety. Show less Read more
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