NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 06/12/2018 6:11:11 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First QuadSight™ Prototype Order
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has made the first sale of a prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The first system was ordered by the truck division of a large European vehicle manufacturer to assess the system and its performance on the manufacturer’s trucks. The transaction will provide the company with imperative customer feedback as well as an expected revenue of tens of thousands of dollars. The company plans to utilize customer response from all prototype orders to develop a deeper understanding of the customers’ main requirements and quickly modify the system as needed to meet those needs.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has made the first sale of a prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The first system was ordered by the truck division of a large European vehicle manufacturer to assess the system and its performance on the manufacturer’s trucks. The transaction will provide the company with imperative customer feedback as well as an expected revenue of tens of thousands of dollars. The company plans to utilize customer response from all prototype orders to develop a deeper understanding of the customers’ main requirements and quickly modify the system as needed to meet those needs.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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