Foresight: Eye-Net Passes Euro NCAP Validation for its Cellular-Based V2X Solution
Rhea-AI Summary
Foresight Autonomous Holdings (FRSX) announced that its subsidiary Eye-Net Mobile has successfully achieved Euro NCAP compliance validation for its cellular-based vehicle-to-everything (V2X) safety solution. The validation follows rigorous field tests conducted by UTAC, a leading French vehicle testing certification body.
The tests utilized an autonomous vehicle and automated validation platforms connected to Eye-Net's solution, simulating real-world collision scenarios. The system achieved a 100% success rate, consistently triggering the autonomous vehicle's emergency braking system with alert timing variations of less than 20 milliseconds.
This validation represents a key milestone in Eye-Net's collaboration with Software République, a European innovation hub for advanced mobility solutions. The successful compliance testing is expected to strengthen Eye-Net's position for market deployment in France and broader European adoption of its digital safety services for connected vehicles and smart cities.
Positive
- Achieved 100% success rate in Euro NCAP compliance validation
- Perfect performance in collision prevention testing
- Alert timing variations under 20 milliseconds
- Opens path to European market expansion
- Strategic collaboration with Software République innovation hub
Negative
- None.
Insights
Eye-Net's achievement of Euro NCAP compliance validation for its cellular-based V2X safety solution represents a significant technical and regulatory milestone for Foresight. The system demonstrated perfect 100% success rate in collision avoidance tests with remarkable consistency (timing variations under 20 milliseconds), validating its technical reliability in controlled testing environments.
This validation unlocks potential European market expansion opportunities, particularly in France through Eye-Net's collaboration with Software République. The European automotive safety technology ecosystem is evolving rapidly as V2X systems become essential components of connected and autonomous vehicle architectures.
Eye-Net's cellular-based approach offers distinct advantages over traditional dedicated short-range communications (DSRC) V2X alternatives. By leveraging existing cellular infrastructure rather than requiring specialized roadside hardware deployment, the solution potentially enables faster and more cost-effective implementation across smart mobility ecosystems.
For context, the European V2X market is expected to grow substantially as regulations increasingly mandate advanced safety features. However, investors should note several important considerations:
- Automotive technology validation and commercial deployment typically follow extended timelines (18-36 months)
- Integration with OEM development cycles adds complexity to revenue forecasting
- The competitive landscape includes established Tier 1 suppliers and specialized V2X technology providers
For a micro-cap company like Foresight (
Eye-Net's Euro NCAP validation represents a meaningful technological breakthrough in the V2X (vehicle-to-everything) communications landscape. The 100% success rate in UTAC testing demonstrates remarkable technical maturity for a cellular-based V2X solution, particularly with consistent sub-20 millisecond alert timing - a critical metric for collision avoidance systems where milliseconds can determine effectiveness.
The cellular V2X approach merits particular attention from a technological perspective. Unlike traditional DSRC (Dedicated Short Range Communications) V2X implementations that require specialized roadside units and dedicated spectrum, cellular V2X leverages existing mobile network infrastructure. This architectural decision potentially accelerates deployment timelines and reduces infrastructure costs for municipalities and transportation authorities.
The validation specifically involved autonomous vehicle integration with Eye-Net's system triggering automatic emergency braking - highlighting interoperability with advanced vehicle systems. This is technologically significant as the autonomous vehicle ecosystem increasingly requires robust V2X capabilities to extend sensor awareness beyond line-of-sight limitations.
For context, V2X technology addresses a fundamental limitation in current ADAS (Advanced Driver Assistance Systems): the inability to detect hazards outside sensor range or in occluded scenarios. By providing pre-collision alerts for obstacles beyond physical visibility, properly implemented V2X can significantly enhance safety in complex urban environments.
Software République's involvement adds strategic importance, as this consortium includes major European automotive technology players. The successful validation within this ecosystem positions Eye-Net's technology for potential adoption across multiple European OEMs and smart city implementations, potentially accelerating the technology's market penetration beyond what a small company like Foresight could achieve independently.
Eye-Net’s compliance validation clears the path to European market expansion following successful UTAC testing
Ness Ziona, Israel, March 07, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”) perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has successfully achieved Euro New Car Assessment Programme (NCAP) compliance validation for its cellular-based vehicle-to-everything (V2X) safety solution, following rigorous field tests conducted by UTAC, a leading French vehicle testing and certification body.
The trials were conducted under strict regulations to evaluate Eye-Net's cellular-based V2X technology in enhancing road safety and preventing collisions. The tests, utilizing an autonomous vehicle and automated validation platforms connected to the Eye-Net solution, simulated real-world collision scenarios from different angles and achieved a perfect
The Company believes that this validation, announced last month, is a key milestone in Eye-Net’s collaboration with Software République, a European innovation hub focused on advanced mobility solutions. The Company believes that the successful compliance testing strengthens Eye-Net’s positioning for market deployment in France and broader European adoption of its digital safety services for connected vehicles and smart cities.
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 smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned 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 vision solutions include modules of automatic calibration and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics.
For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1 on “X” (formerly 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 advantages and benefits of Eye-Net’s technology, the belief that the compliance validation from UTAC is a key milestone in Eye-Net’s collaboration with Software République and the belief that the successful compliance testing strengthens Eye-Net’s positioning for market deployment in France and broader European adoption of its digital safety services for connected vehicles and smart cities. 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, 2023 filed with the Securities and Exchange Commission ("SEC") on March 27, 2024, 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
917-607-8654
FAQ
What did Eye-Net achieve in the Euro NCAP validation tests for its V2X solution?
How will the Euro NCAP validation impact FRSX's market expansion?
What specific performance metrics did Eye-Net's V2X system achieve in the UTAC tests?
Who conducted the validation testing for Eye-Net's V2X technology?
