Foresight: Eye-Net and SoftBank Advance Strategic V2X Collaboration in Japan to Boost Road Safety

Foresight (NASDAQ:TASE: FRSX) said its majority-owned subsidiary Eye-Net advanced a multi-phase collaboration with SoftBank in Japan to further validate Eye-Net’s cellular-based V2X collision prediction and prevention technology.

Rhea-AI Summary

Foresight (NASDAQ:TASE: FRSX) said its majority-owned subsidiary Eye-Net advanced a multi-phase collaboration with SoftBank in Japan to further validate Eye-Net’s cellular-based V2X collision prediction and prevention technology.

The initiative will tailor the solution to SoftBank’s needs, test real-time location exchange among road users, and evaluate potential introduction into new markets, aiming to improve situational awareness and reduce traffic incidents.

Market Context

This announcement extends Eye-Net’s collaboration with SoftBank to validate V2X collision-prevention...

Analysis

This announcement extends Eye-Net’s collaboration with SoftBank to validate V2X collision-prevention technology and explore broader market deployment. It follows a series of road-safety and autonomy-related partnerships and showcase events, plus an Eye-Net financing at a $55M valuation and an F-3 registering 3,179,723 ADSs for resale. Investors may watch for concrete deployment milestones, commercialization terms with partners, and how warrant-related dilution and funding structure evolve alongside execution progress.

Key Figures

Registered ADSs: 3,179,723 ADSs Ordinary shares underlying: 95,391,690 shares Series A exercise price: $0.02 per ADS +5 more

Registered ADSs

3,179,723 ADSs

F-3 resale registration for warrant exercises

Ordinary shares underlying

95,391,690 shares

Ordinary shares represented by registered ADSs

Series A exercise price

$0.02 per ADS

Exercise price for Series A warrants

Series C proceeds

$2.8 million

Expected cash from full Series C warrant exercise

Shares outstanding

131,194,081 shares

Ordinary shares outstanding as of Dec 7, 2025

Eye-Net investment

$3 million

Gross proceeds from Eye-Net financing on Dec 4, 2025

Eye-Net valuation

$55 million

Pre-money valuation in Eye-Net financing

Stake sold

5.17% of Eye-Net

Portion of Eye-Net ordinary shares sold in financing

Historical Context

5 past events · Latest: Jan 20

5 events

1. Jan 20

   SoftBank collaboration

   24h Move

   -23.6%

   Advanced multi-phase V2X collaboration with SoftBank to validate Eye-Net technology.

2. Jan 07

   Tech showcase

   24h Move

   -1.4%

   Eye-Net V2X collision prevention system showcased as commercially-ready at CES 2026.

3. Dec 29

   OEM engagement

   24h Move

   -9.0%

   Foresight terrain intelligence demonstrated to Audi with potential proof-of-concept talks.

4. Dec 23

   Korea cooperation

   24h Move

   -5.9%

   Strategic agreement with Zeda Korea on AI-based 3D perception road-safety systems.

5. Dec 04

   Eye-Net financing

   24h Move

   -15.5%

   Eye-Net funding at $55M pre-money valuation via $3M raise and warrant adjustments.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

v2x, artificial intelligence (ai), 3d perception, unmanned aerial vehicles (uavs), +1 more

5 terms

v2x technical

"Eye-Net’s collision prevention V2X technology to protect both vehicles"

V2X (vehicle-to-everything) is a wireless communication system that lets cars share information with other vehicles, road infrastructure, pedestrians, and networks—like a neighborhood walkie-talkie for traffic. For investors, V2X matters because it enables safer, more efficient driving, creates demand for new chips, sensors and software, and can unlock revenue streams from data services and traffic management, making it a key technology driver in automotive and telecom markets.

artificial intelligence (ai) technical

"By leveraging cutting-edge artificial intelligence (AI) technology, advanced analytics"

Artificial intelligence (AI) is the development of computer systems that can perform tasks typically requiring human intelligence, such as understanding language, recognizing patterns, and making decisions. For investors, AI can enhance how businesses analyze data, automate processes, and innovate, potentially leading to increased efficiency and new opportunities in the market.

3d perception technical

"technology company developing advanced three-dimensional (3D) perception and cellular-based"

The ability of cameras and sensors to detect the shape, distance and arrangement of objects in three-dimensional space, turning flat images into a sense of depth and position. Investors care because better 3D perception can make products like self-driving cars, robots, augmented reality and medical scanners work more reliably and capture bigger markets—similar to upgrading from a basic map to a full 3D model that reveals what’s actually where.

unmanned aerial vehicles (uavs) technical

"heavy industrial equipment and unmanned aerial vehicles (UAVs)."

Unmanned aerial vehicles (UAVs), often called drones, are aircraft operated without a person on board and controlled remotely or autonomously; think of them as motorized, flying robots or remote‑control planes. They matter to investors because they enable new revenue streams and cost savings across industries—such as deliveries, mapping, inspections and surveillance—while also bringing regulatory, safety and liability risks that can affect a company’s growth and profitability.

point cloud technical

"include modules of automatic calibration and dense 3D point cloud that can be applied"

A point cloud is a digital collection of many individual dots in three-dimensional space that together represent the shape and surface of a physical object, area, or scene, typically captured by sensors such as LIDAR or 3D cameras. Investors care because point clouds are the raw material for mapping, inspection, simulation and autonomous navigation; their quality and volume determine how well a company can build products, cut manual work, reduce risk, and monetize location or asset data.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Parties are collaborating in a multi-phase plan to assess Eye-Net’s collision prevention V2X technology to protect both vehicles and vulnerable road users

Ness Ziona, Israel, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision solutions, recently announced that its majority-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has advanced its strategic collaboration in Japan with SoftBank Corp. (“SoftBank”) to further validate Eye-Net’s vehicle-to-everything (“V2X”) collision prediction and prevention solutions technology. The joint initiative aims to enhance road safety and operational efficiency by enabling seamless, real-time exchange of location information among surrounding road users.

This development represents a continued collaboration based on the positive results of the proof-of-concept project with SoftBank reported previously by the Company. The parties will work together to tailor the solution to SoftBank’s needs and evaluate its potential for introduction into new markets.

The collaboration emphasizes a shared commitment to accelerating the deployment of connected mobility solutions, ultimately contributing to improved situational awareness and reduced traffic-related incidents in Japan and beyond.

About Eye-Net

Eye-Net develops next-generation V2X collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all road users in the urban mobility environment. By leveraging cutting-edge artificial intelligence (AI) technology, advanced analytics, and existing cellular networks, Eye-Net’s innovative solution suite delivers real-time pre-collision alerts to all road users using smartphones and other smart devices within vehicles.

For more information about Eye-Net, please visit www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; X (formerly Twitter), @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.

About Foresight

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing advanced three-dimensional (3D) perception and cellular-based applications. Through the Company’s controlled subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions.

Foresight’s 3D perception systems include modules of automatic calibration and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous driving, agriculture, heavy industrial equipment and unmanned aerial vehicles (UAVs).

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on Twitter, or join Foresight Automotive on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the aims of the joint initiative, the parties’ cooperation to tailor the solution to SoftBank’s needs and evaluation of its potential for introduction into new markets and the potential benefit from the collaboration. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission ("SEC") on March 24, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites.

Investor Relations Contact:
Miri Segal-Scharia
CEO
MS-IR LLC
msegal@ms-ir.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Foresight (FRSX) announce about Eye-Net and SoftBank on January 27, 2026?

Foresight announced Eye-Net advanced a multi-phase collaboration with SoftBank in Japan to validate Eye-Net’s V2X collision prediction and prevention technology.

How does Eye-Net’s V2X solution aim to improve road safety for FRSX investors?

The solution exchanges real-time location information among road users to deliver pre-collision alerts and improve situational awareness.

Will the Eye-Net and SoftBank collaboration expand beyond Japan for FRSX?

The parties will evaluate potential introduction into new markets as part of the collaboration, per the announcement.

What technologies does Eye-Net use in its V2X system mentioned by FRSX?

Eye-Net leverages AI, advanced analytics, and existing cellular networks to provide real-time pre-collision alerts to devices and vehicles.

Is the Eye-Net and SoftBank initiative a proof-of-concept or a continued program for FRSX?

The collaboration is described as a multi-phase initiative that advances work following previously reported positive proof-of-concept results.