QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives Notice of Allowance for First US Patent Application Relating to Core Technology
Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based V2X accident prevention solution, and it will allow Foresight to use its stereoscopic camera-based object detection capabilities to provide collision alerts through the Eye-Net application in order to reduce the likelihood of accidents and injuries. “We are very excited about this notice of allowance for…