Search Results for: frsx

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has entered into private placement agreements with Harel Insurance, a prominent Israeli institutional investor. Per the agreement, Foresight will issue 9,756,097 ordinary shares at approximately $0.56 per ordinary share, subject to customary closing conditions. The company also agreed to issue warrants to purchase … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Secures $5.5M Through Private Placement”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has made the first sale of a prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The first system was ordered by the truck division of a large European vehicle manufacturer to assess the system and … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First QuadSight™ Prototype Order”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that, together with the city of Ashdod and NoTraffic Ltd., it has successfully completed a controlled trial of its Eye-Net™ accident prevention solution. The trial examined integration and interfacing of Eye-Net™, the company’s V2X cellular-based accident prevention solution, with smart infrastructure in the city of … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Successfully Completes Eye-Net™ Controlled Trial”

Independent equity research firm JGR Capital this morning announced that it has initiated coverage on Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems. Among other highlights, JGR noted that the company is operating in a rewarding market, as the demand for Advanced Driver Assistance System (“ADAS”) is anticipated to increase … Continue reading “QualityStocksNewsBreaks – JGR Capital Initiates Coverage on Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)”

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, this morning reported financial results for the first quarter of 2018. The company ended the first quarter with $16.7 million in cash and short-term deposits, compared to $21.8 million on December 31, 2017. The decrease is primarily attributed to the exercise … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Q1 2018 Financial Results”