NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 04/01/2020 3:16:04 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Enters Agreement with FLIR Systems Inc. (NASDAQ: FLIR) to Develop, Market and Distribute QuadSight(R) Vision System
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into an agreement with FLIR Systems Inc. (NASDAQ: FLIR), the world’s largest and leading commercial company specializing in the design and production of thermal imaging cameras, components and sensors. Under the agreement, the parties will establish a strategic cooperation plan for the development, marketing and distribution of Foresight’s QuadSight(R) vision system, combined with FLIR Systems’ infrared cameras, to a wide range of prospective customers. Foresight will exclusively purchase its thermal cameras from FLIR for all systems to be commercialized worldwide as part of the agreement. “We are seeing a clear and growing global demand for our technology,” Foresight CEO Haim Siboni said in the news release. “This collaboration agreement will offer us the ability to work directly with OEMs and open new opportunities for our technology. FLIR Systems’ established technology, market position, and reputation will serve to advance the QuadSight system throughout the world.”
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), an innovator in automotive vision systems, today announced its entry into an agreement with FLIR Systems Inc. (NASDAQ: FLIR), the world’s largest and leading commercial company specializing in the design and production of thermal imaging cameras, components and sensors. Under the agreement, the parties will establish a strategic cooperation plan for the development, marketing and distribution of Foresight’s QuadSight(R) vision system, combined with FLIR Systems’ infrared cameras, to a wide range of prospective customers. Foresight will exclusively purchase its thermal cameras from FLIR for all systems to be commercialized worldwide as part of the agreement. “We are seeing a clear and growing global demand for our technology,” Foresight CEO Haim Siboni said in the news release. “This collaboration agreement will offer us the ability to work directly with OEMs and open new opportunities for our technology. FLIR Systems’ established technology, market position, and reputation will serve to advance the QuadSight system throughout the world.”
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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