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Foresight Autonomous Holdings Ltd - FRSX STOCK NEWS

Welcome to our dedicated news page for Foresight Autonomous Holdings (Ticker: FRSX), a resource for investors and traders seeking the latest updates and insights on Foresight Autonomous Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Foresight Autonomous Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Foresight Autonomous Holdings's position in the market.

Rhea-AI Summary
Foresight Autonomous Holdings has been granted patent approval in Japan for its multi-spectral vehicular system, enhancing obstacle detection in challenging weather and lighting conditions. The patented technology integrates thermal cameras for precise obstacle detection in adverse environments, providing a competitive edge in the automotive industry.
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Foresight Autonomous Holdings licenses its cutting-edge 3D image processing software to Elbit Systems for deployment in fully autonomous defense vehicles. The software, recognized by Israel’s Ministry of Defense, will be used in advanced driver assistance systems for driving safety and autonomous platforms for defense and security markets. This collaboration signifies the first commercial deployment of Foresight’s software to Elbit's end customers, with potential for future orders. The partnership aims to enhance operational efficiency and strategic advantages in the defense sector.
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13.74%
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Foresight Autonomous Holdings announces a strategic collaboration between Eye-Net and a leading Japanese technology company for a proof-of-concept project to integrate Eye-Net's technology with dashcams. The aim is to enhance road safety, prevent accidents, and reduce insurance costs by enabling dashcams to detect collisions outside the driver's line of sight. The collaboration may lead to discounted insurance premiums for customers using connected dashcams with Eye-Net's technology.
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Foresight Autonomous Holdings showcases its advanced stereo vision technology in defense applications, surpassing traditional LiDAR systems. Recognized by Israel's Ministry of Defense, Foresight's QuadSight solution offers superior adaptability, cost savings, and operational effectiveness.
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-0.93%
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Foresight Autonomous Holdings announces participation in LD Micro Invitational XIV in New York. Eli Yoresh and Oren Bar-On to present at the event on April 9, 2024, at 11:00am ET. Management available for one-on-one meetings. Webcast link provided for live streaming.
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Rhea-AI Sentiment
End-of-Day
-6.61%
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Foresight Autonomous Holdings announces collaboration with SoftBank Corp. for commercial validation of Eye-Net's products in Japan after successful completion of technology validation. The POC project confirmed Eye-Net's technology compatibility with LTE and 5G networks, paving the way for connected mobility applications.
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19.4%
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Foresight Autonomous Holdings announced that its subsidiary, Eye-Net, received an order from a Japanese vehicle manufacturer for a paid development project after the successful completion of a POC project. The project aims to evaluate Eye-Zone™ as a V2X communication layer, showcasing its potential benefits for the automotive industry.
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1.04%
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Foresight Autonomous Holdings Ltd. announced the successful completion of two proof of concept projects with a leading Japanese vehicle manufacturer, involving the evaluation of Foresight's automatic calibration capabilities to enhance 3D depth perception. The parties are now exploring co-development initiatives to integrate Foresight's technology into the manufacturer's passenger vehicles, potentially improving distance measurement, object detection, and overall safety systems.
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7.55%
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Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) announced that its affiliate, Rail Vision Ltd. (Nasdaq: RVSN), revealed its next-generation AI-based computer system for railway safety technology. The system features advanced real-time deep learning capabilities, cloud connectivity, and compliance with stringent railway standards. It aims to enhance railway safety and operational efficiency by ensuring exceptional performance in obstacle detection and identification under challenging weather and visibility conditions.
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-4.96%
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Foresight Autonomous Holdings Ltd. announces that its affiliate, Rail Vision Ltd., has received formal certifications for critical European Union railway standards for its Main Line system. This achievement positions Rail Vision ahead of the competition in the railway technology market, paving the way for rapid adoption across the vast EU market. The global digital railway market size is expected to surpass $100 billion by 2027, growing at a compound annual growth rate of 9.7%.
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End-of-Day
-5.56%
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Foresight Autonomous Holdings Ltd

Nasdaq:FRSX

FRSX Rankings

FRSX Stock Data

17.32M
396.41M
6.44%
5.82%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
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Israel
Ness Ziona

About FRSX

foresight autonomous holdings ltd. (nasdaq and tase: frsx), founded in july 2015, is a technology company engaged, through its wholly-owned subsidiary foresight automotive ltd., in the design, development and commercialization of stereo/quad camera vision systems for the automotive industry. foresight’s powerful and mature proprietary stereoscopic technology is derived from field-proven technology that has been deployed worldwide for almost two decades. the company’s patented technology incorporates 3d video analysis, advanced algorithms for image processing and sensor fusion. foresight's solutions are based on stereoscopic image technology.​ foresight’s unique solutions create and analyse a one-of-a-kind 3d image in order to foresee possible collisions with vehicles, pedestrians, cyclists and other obstacles, while providing highly accurate real time alerts with minimum false alerts. ​foresight’s solutions employ the use of a two-camera layout (visible light conditions) or a four-came