Foresight (Nasdaq: FRSX) unit signs LOI for large V2X pilot in Manila
Rhea-AI Filing Summary
Foresight Autonomous Holdings, through its majority-owned subsidiary Eye-Net Mobile, signed a non-binding Letter of Intent with the City of Muntinlupa in the Manila metropolitan area to advance smart urban mobility and road-user protection.
The parties plan a live demonstration of Eye-Net’s cellular-based V2X collision-prevention technology, which, if successful, will be followed by a six-month pilot involving at least 8,000 road users in a city of about 600,000 residents. If predefined KPIs are met, they intend to negotiate a commercial agreement to integrate Eye-Net’s SDK into a municipal mobile app, providing collision-avoidance alerts and emergency services, including support in natural disasters and other crises.
Positive
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Negative
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Key Figures
Key Terms
Letter of Intent (LOI) financial
V2X technical
SDK technical
Key Performance Indicators financial
Forward-Looking Statements regulatory
smart urban mobility technical
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of: April 2026 (Report No. 3)
Commission file number: 001-38094
FORESIGHT AUTONOMOUS HOLDINGS LTD.
(Translation of registrant’s name into English)
7 Golda Meir
Ness Ziona 7403650 Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
CONTENTS
Attached hereto and incorporated herein is Foresight Autonomous Holdings Ltd.’s (the “Registrant”) press release issued on April 29, 2026, titled “Foresight: Eye-Net Signs a LOI to Conduct a Large-Scale V2X Pilot Project in the Manila Metropolitan in the Philippines.” A copy of the press release is furnished herewith as Exhibit 99.1.
The first four paragraphs and the section titled “Forward-Looking Statements” of the press release are incorporated by reference into the Registrant’s Registration Statements on Form F-3 (File No. 333-292104, 333-276709 and 333-286221) and Form S-8 (Registration Nos. 333-293074, 333-229716, 333-239474, 333-268653 and 333-280778), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
| Exhibit No. | Description | |
| 99.1 | Press release issued by Foresight Autonomous Holdings Ltd. on April 29, 2026, titled “Foresight: Eye-Net Signs a LOI to Conduct a Large-Scale V2X Pilot Project in the Manila Metropolitan in the Philippines.” |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Foresight Autonomous Holdings Ltd. | |||
| (Registrant) | |||
| Date: | April 29, 2026 | By: | /s/ Eli Yoresh |
| Name: | Eli Yoresh | ||
| Title: | Chief Financial Officer | ||
Exhibit 99.1
Foresight: Eye-Net Signs a LOI to Conduct a Large-Scale V2X Pilot Project in the Manila Metropolitan in the Philippines
The pilot may lead to Eye-Net’s SDK integration into the Muntinlupa city application, mainly for critical emergency services to the city’s residents in various emergency scenarios, including natural disasters
Ness Ziona, Israel – April 29, 2026 – Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today that its majority-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has entered into a non-binding Letter of Intent (LOI) with the City of Muntinlupa, a part of the Manila metropolitan area of the Philippines.
The LOI outlines the parties’ intention to cooperate in the field of smart urban mobility, collision prediction and prevention, and protection of road users. Muntinlupa, a city of approximately 600,000 residents, will serve as an ideal testbed for Eye-Net’s proprietary cellular-based vehicle-to-everything (V2X) technology.
Following the signing of the LOI, the parties will negotiate on a binding commercial cooperation agreement that includes, among other things: conducting live demonstration of Eye-Net’s innovative technology, which - upon its successful completion - will lead to a six-month pilot project engaging at least 8,000 road users across the City of Muntinlupa (the “Pilot”). The Pilot will be directed primarily to the study, testing and demonstration of Eye-Net’s proprietary technology and solution capabilities.
Upon successful completion of the Pilot, according to the predefined KPIs (Key Performance Indicators), the parties will negotiate in good faith with respect to a binding commercial integration agreement for the integration of Eye-Net’s SDK solution with one of the City of Muntinlupa’s mobile applications. The integration is intended to provide not only advanced collision-avoidance alerts to all road users, but also critical emergency services to the city’s residents in various emergency scenarios, including natural disasters and other crises.
Haim Siboni, Chief Executive Officer of Foresight and Eye-Net, commented: “We are excited to partner with the City of Muntinlupa and bring our proven V2X collision-prevention technology to the Philippines. This LOI marks an important milestone in Eye-Net’s expansion into smart-city applications in Southeast Asia. Beyond preventing road accidents and saving lives, the integration of our SDK into the city’s mobile application will enable real-time emergency services for hundreds of thousands of residents – a game-changer for urban resilience in the face of natural disasters and other emergencies.”
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 Pilot and its aims, the parties intention to cooperate in the field of smart urban mobility, the anticipated negotiation of a binding commercial cooperation agreement with the city of Muntinlupa Eye-Net’s expansion into smart-city applications in Southeast Asia and the benefits and advantages of its V2X solutions and technology. 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, 2025 filed with the Securities and Exchange Commission (“SEC”) on March 25, 2026, 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