QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Exclusive Marketing Agreement with Subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that it has signed a commercial agreement with Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT), for exclusive marketing of its proprietary image processing software for the defense, paramilitary and homeland security markets. Elbit, a leading defense electronics company based in Israel, plans to integrate Foresight’s image processing software into its products, systems and solutions, and to market it internationally. The software will be implemented in wheeled military and security ground vehicles, including unmanned vehicles. Per the agreement, Foresight will sell the…