NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 08/28/2018 6:37:27 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures Another QuadSight™ Prototype Sale
Automotive technology company Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has secured an additional sale of a prototype of its breakthrough QuadSight™ quad-camera vision system. The truck division of one of Europe’s largest vehicle manufacturers ordered the stereoscopic technology system, marking the second sale of QuadSight™ prototype to a leading European original equipment manufacturer (“OEM”). Revenue from the sale is anticipated to total tens of thousands of dollars. “This is the third order from different automotive manufacturers Foresight has received over the last 3 months, showing the industry’s interest in the company’s revolutionary technology,” Foresight CEO Haim Siboni stated in the news release. “In addition, it proves that the industry has a strong need for an all-weather and lighting conditions vision system for semi and fully autonomous vehicles.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Automotive technology company Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has secured an additional sale of a prototype of its breakthrough QuadSight™ quad-camera vision system. The truck division of one of Europe’s largest vehicle manufacturers ordered the stereoscopic technology system, marking the second sale of QuadSight™ prototype to a leading European original equipment manufacturer (“OEM”). Revenue from the sale is anticipated to total tens of thousands of dollars. “This is the third order from different automotive manufacturers Foresight has received over the last 3 months, showing the industry’s interest in the company’s revolutionary technology,” Foresight CEO Haim Siboni stated in the news release. “In addition, it proves that the industry has a strong need for an all-weather and lighting conditions vision system for semi and fully autonomous vehicles.”
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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