NetworkNewsBreaks – Foresight Autonomous Holding
Post# of 218

Development stage technology company Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) through wholly owned subsidiary Foresight Automotive Ltd., has been developing proprietary stereoscopic technology that delivers real-time information to prevent accidents. An article discussing the company reads: “Foresight has developed three main products to date: QuadSight™, a breakthrough quad-camera vision system that sets the bar for autonomous vehicle vision; Eyes-On™, a unique stereo vision Advanced Driver Assistance System; and Eye-Net™, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to vehicles and pedestrians. … The company’s innovative automotive vision systems recently attracted private placement agreements from several leading Israeli institutional investors, including $5.5 million from Harel Insurance (http://nnw.fm/1U7qI), $4.1 million from Meitav Dash Group and $1.4 million from Psagot Investment House (http://nnw.fm/VB48v).”
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