QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Enters Collaboration Agreement with Smart City Company NoTraffic Ltd.
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has signed a collaboration agreement with NoTraffic Ltd., which has developed a novel and proprietary platform solution that solves today’s traffic challenges while unlocking mobility benefits for traffic agencies. According to the update, the Autonomous Traffic Management Platform enables cities for the first time to intelligently implement traffic policy in a seamless way and operate autonomously in order to maximize traffic flow, reduce congestion, prioritize different types of vehicles, and prevent accidents. Under the agreement, the companies…