NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 03/04/2019 3:39:04 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Prototype Ordered by Leading Israeli Defense Company
Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight product, a four-camera vision system targeted for the semi-autonomous and autonomous vehicle market. According to the update, one of Israel’s leading defense companies ordered the prototype system with the intention of using QuadSight in its future unmanned vehicles for the defense industry. Revenue from the sale is expected to total tens of thousands of dollars. “This order from a leading defense company opens a new market for our QuadSight vision system and extends the product’s capabilities,” Haim Siboni, CEO of Foresight, stated in the news release.
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 innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight product, a four-camera vision system targeted for the semi-autonomous and autonomous vehicle market. According to the update, one of Israel’s leading defense companies ordered the prototype system with the intention of using QuadSight in its future unmanned vehicles for the defense industry. Revenue from the sale is expected to total tens of thousands of dollars. “This order from a leading defense company opens a new market for our QuadSight vision system and extends the product’s capabilities,” Haim Siboni, CEO of Foresight, stated in the news release.
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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