Foresight: Eye-Net, Renault Group and Orange Achieved Excellent Results in Large-Scale Live Public Transportation Project in France
Rhea-AI Summary
Foresight (NASDAQ and TASE: FRSX) reported that its majority-owned subsidiary Eye-Net, together with Renault Group and Orange, completed a large-scale live trial of the SafeCycloMove “Collision Prevention” project in Bordeaux on Feb 9, 2026.
The trial demonstrated positioning accuracy, ultra-low latency, stable real-time communication and full scalability under heavy load, integrating Eye-Net’s SDK into multiple apps for buses and cyclists. Eye-Net said these results support ongoing commercial discussions to pursue joint commercialization.
Positive
- Completed large-scale live trial in Bordeaux involving buses and cyclists
- Demonstrated positioning accuracy, ultra-low latency and full scalability under heavy load
- Eye-Net’s SDK integrated into multiple apps including Orange and TBM, showing interoperability
- Ongoing advanced commercial discussions with Renault Group and Orange
Negative
- No binding commercial agreements announced; only ongoing discussions reported
- Trial limited geographically to Bordeaux, France, so broader deployment timing is unspecified
Key Figures
Market Reality Check
Peers on Argus
FRSX was up 4.09% pre-news while peers were mixed: one notable mover in momentum (GTEC up ~4.98%) and others ranging from -19.58% to +9.76%, pointing to stock-specific dynamics rather than a broad Auto Parts move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 27 | V2X collaboration Japan | Positive | +0.0% | Eye-Net and SoftBank advanced multi-phase V2X validation collaboration in Japan. |
| Jan 20 | V2X partnership Japan | Positive | -23.6% | Announcement of advancing multi-phase V2X collaboration with SoftBank in Japan. |
| Jan 07 | CES technology showcase | Positive | -1.4% | Eye-Net to showcase commercially ready V2X collision-prevention system at CES 2026. |
| Dec 29 | Audi tech showcase | Positive | -9.0% | Foresight selected by Audi to present terrain intelligence solution and explore POC. |
| Dec 23 | Korea safety agreement | Positive | -5.9% | Strategic cooperation with Zeda Korea for AI-based 3D perception road-safety systems. |
Recent positive collaboration and commercialization updates have often been followed by flat or negative 24-hour price reactions.
Over the last few months, FRSX has repeatedly highlighted Eye-Net’s V2X collision-prevention technology through collaborations and showcases. Events with SoftBank in Japan, CES 2026 exposure, an Audi terrain-intelligence showcase, and a South Korean cooperation with Zeda Korea all emphasized commercialization and road-safety applications. Despite this positive strategic flow, the stock’s 24-hour reactions were mostly negative or flat, suggesting a pattern where upbeat partnership news has not consistently translated into short-term price gains. Today’s French public-transport trial results extend this commercialization narrative.
Regulatory & Risk Context
An effective F-3 shelf dated Dec 12, 2025 registers up to 3,179,723 ADSs for resale upon warrant exercise. The company expects nominal cash from Series A warrants at $0.02 per ADS and about $2.8 million from full exercise of Series C warrants at $2.7125 per ADS, implying potential dilution from warrant exercises even though the company is not selling ADSs directly.
Market Pulse Summary
This announcement highlights that Eye-Net’s V2X collision-prevention system delivered strong technical performance in a large-scale French public-transport trial, reinforcing the technology’s real-world readiness and leading to advanced commercialization discussions. It extends a series of collaboration and showcase updates across Japan, Europe and Asia. Investors may monitor how these trials convert into revenue-bearing deployments, the impact of warrant-related ADS resales under the F-3 shelf, and whether the stock can improve from levels well below its 200-day MA.
Key Terms
vehicle-to-everything technical
v2x technical
artificial intelligence technical
ai technical
software development kit technical
3d perception systems technical
AI-generated analysis. Not financial advice.
Following a very successful collaboration, the parties are in active commercial discussions to pursue joint commercialization of the solution
Ness Ziona, Israel, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its majority-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), together with Renault Group, Orange S.A. (“Orange”) and other participants, have successfully completed the previously announced large-scale live trial of the SafeCycloMove “Collision Prevention” project in the city of Bordeaux, France. The initiative is a part of Eye-Net’s ongoing collaboration with Software République to advance smart mobility innovation and support efficient urban transportation in France and across Europe.
The live trial demonstrated positive technical performance across all key parameters, including positioning accuracy, ultra-low latency, stable real-time communication, and full scalability under heavy load. These results confirm the real-world readiness of Eye-Net’s vehicle-to-everything (“V2X”) collision-prevention technology in a live public-transportation environment involving buses and cyclists.
“We are extremely satisfied with the results of this large-scale trial and the successful collaboration with our strategic partners for this trial, including Renault Group and Orange,” said Haim Siboni, Chief Executive Officer of Eye-Net. “We believe that these strong results have paved the way for ongoing advanced commercial discussions with our key partners to explore the next phases of implementation and commercialization.”
Led by the Lab TBMouv, Bordeaux Métropole and Keolis Bordeaux Métropole Mobilités, during the trial, Eye-Net’s Software development kit was integrated into several different applications at the same time, including an app by Orange, Keolis’ TBM app for cyclists, and the Atos app installed inside buses, all in collaboration with Renault Group, Allianz, Atos SE and the Bordeaux INP. The trial took place across Bordeaux’s public transportation network. Eye-Net’s alerting system was integrated into the TBM Mobility App, a public transit navigation platform, enabling real-time data exchange between buses and cyclists to help prevent collisions with vulnerable road users, particularly in areas with obstructed visibility.
The trial evaluated the performance and reliability of cooperative collision-prevention alerts, collected feedback from real users, and assessed technical readiness and user acceptance to support broader deployment across transportation networks.
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 real-world readiness of Eye-Net’s V2X collision-prevention technology in a live public-transportation environment involving buses and cyclists and its belief that that these strong results have paved the way for ongoing advanced commercial discussions with its key partners to explore the next phases of implementation and commercialization. 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 did Foresight (FRSX) announce about the Bordeaux SafeCycloMove trial on Feb 9, 2026?
How did Eye-Net’s technology perform in the FRSX-backed Bordeaux trial?
Which partners participated with Foresight (FRSX) in the SafeCycloMove trial in Bordeaux?
Will the Bordeaux trial lead to commercialization for Foresight (FRSX)?
How was Eye-Net’s alerting system integrated during the FRSX trial for public transportation?
