Foresight: Eye-Net and SoftBank Corp. Advance Strategic Collaboration in Japan
Rhea-AI Summary
Foresight (FRSX) announced that majority-owned subsidiary Eye-Net and SoftBank Corp. are advancing a multi-phase collaboration in Japan to further validate Eye-Net’s cellular-based V2X collision prediction and prevention technology.
The initiative will tailor Eye-Net’s solution to SoftBank’s needs, test real-time location exchange among road users, and evaluate potential introduction into new markets to improve situational awareness and road safety.
Positive
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Negative
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News Market Reaction
On the day this news was published, FRSX declined 23.57%, reflecting a significant negative market reaction. Argus tracked a peak move of +63.3% during that session. Argus tracked a trough of -45.8% from its starting point during tracking. Our momentum scanner triggered 29 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $6M at that time. Trading volume was exceptionally heavy at 240.0x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Market Reality Check
Peers on Argus
FRSX was modestly lower pre‑news while peers were mixed: CREV and WKSP were up, REE and WPRT were down, and GTEC showed conflicting signals across datasets, suggesting stock‑specific dynamics rather than a unified Auto Parts move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 07 | Technology showcase | Positive | -1.4% | Eye-Net CES 2026 presentation of V2X collision prevention system. |
| Dec 29 | OEM engagement | Positive | -9.0% | Audi AG invited Foresight to present terrain intelligence and explore POC. |
| Dec 23 | Strategic cooperation | Positive | -5.9% | Multi-phase agreement with Zeda Korea for AI-based 3D road-safety systems. |
| Dec 04 | Subsidiary financing | Positive | -15.5% | $3M Eye-Net investment at $55M pre-money and warrant repricing. |
| Nov 20 | Clinical-scale trial | Positive | -2.2% | Large-scale collision-prevention trial in France with Renault and Orange. |
Recent ostensibly positive technology and partnership updates have often been followed by negative 24-hour price reactions.
Over the last few months, Foresight reported multiple commercialization and validation milestones. Eye-Net showcased its V2X collision prevention system at CES 2026 on Jan 7, 2026, while earlier updates highlighted cooperation with Zeda Korea for AI-based 3D road-safety systems and a large-scale public transport safety trial in France achieving a 99% detection rate. Eye-Net also closed a $3 million financing at a $55 million valuation. Despite these developments, 24-hour reactions were negative, framing today’s SoftBank collaboration within a pattern of market skepticism.
Regulatory & Risk Context
An effective Form F-3 shelf dated Dec 12, 2025 registers up to 3,179,723 ADSs for resale upon warrant exercise. The company itself is not selling ADSs and only expects nominal cash from Series A warrants at $0.02 per ADS and approximately $2.8 million from full exercise of Series C warrants at $2.7125, with potential additional dilution from warrants and equity plans.
Market Pulse Summary
The stock dropped -23.6% in the session following this news. A negative reaction despite a strategic collaboration would fit a recent pattern where partnership and technology wins were followed by short-term selling. The market has previously faded updates on trials, OEM interest and financings, even with milestones like a $55 million Eye-Net valuation. Any downside could also reflect sensitivity to warrant-related resale of up to 3,179,723 ADSs and broader concerns flagged in filings, such as going-concern language.
Key Terms
v2x technical
uavs technical
3d point cloud technical
AI-generated analysis. Not financial advice.
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. 20, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision solutions, announced today 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 underscores 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
What is the purpose of the Eye-Net and SoftBank collaboration announced on January 20, 2026?
How will Eye-Net’s V2X solution work with SoftBank’s network in Japan (FRSX)?
Does the January 20, 2026 announcement state a signed commercial contract between Eye-Net and SoftBank?
What safety benefits does Eye-Net claim from the SoftBank collaboration (FRSX)?
Will the Eye-Net and SoftBank project expand beyond Japan, according to the January 20, 2026 release?
