NetworkNewsBreaks – Foresight Autonomous Holding
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Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight(TM) four-camera vision system targeted for the semi-autonomous and autonomous vehicle market. According to the update, the American division of a leading South Korean vehicle manufacturer ordered the prototype system, for which tens of thousands in sales revenue is expected. This prototype system sale is the second resulting from the July 2019 demonstrations carried out in the Silicon Valley and Detroit. The sales validate Foresight’s strategy to perform real-time demonstrations of the QuadSight system to vehicle manufacturers and Tier One suppliers.
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