QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Financial Results for 2Q2018
Automotive technology company Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning reported its financial results for the second quarter of 2018. Among the highlights, the company ended the three-month period with $19.6 million in cash and short-term deposits, up from $18.3 million the previous year. Foresight also highlighted its progress toward commercializing its innovative automotive vision technology. “During the second quarter, we announced the first sales of our QuadSight™ prototype. The prototypes were ordered by a truck division of a large European vehicle manufacturer and by a leading global Chinese electric vehicle manufacturer, as both companies indicated their…