NetworkNewsBreaks – Foresight Autonomous Holding
Post# of 218
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, released an update via a letter to shareholders regarding the company’s promising future despite challenges of the current economic environment. The letter, issued by Foresight’s founder and CEO, Haim Siboni, covers recent developments and a planned infrastructure for short- and long-term success. In the letter, Siboni states, “Our reported milestone of signing an agreement with FLIR Systems, the world’s leading manufacturer of thermal imaging cameras and imaging sensors, serves as a solid endorsement of our advanced technology and the added value that we can offer. FLIR Systems represents an ideal partner for Foresight. By integrating FLIR’s infrared cameras into our QuadSight(R) vision system, we increase the performance of our already-groundbreaking four-camera solution. Our collaboration with FLIR enables us to leverage their extensive sales and marketing resources, building off of FLIR’s sterling reputation, and introducing our products to new audiences and sales regions. We are thrilled to have established this mutually beneficial strategic cooperation, and I am confident that this collaboration will lead to new opportunities and achievements for Foresight.”
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