Search Results for: frsx

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, today announced the sale of two prototypes of its QuadSight(R) four-camera vision system to the automotive solutions business unit of a multi-billion dollar Chinese technology company. “Information and technology companies want to help vehicle manufacturers produce better cars. Our unique obstacle detection capabilities … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Sale of Two QuadSight(R) Prototypes to Leading Technology Company”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, today announced that it will begin a pilot project for its prototype COVID-19 symptom detection mass screening solution. According to the update, Meuhedet, one of Israel’s largest health maintenance organizations (“HMOs”), will evaluate the technology for several months. “As the COVID-19 virus continues … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Begin Pilot Project for Prototype COVID-19 Symptom Detection Solution”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its receipt of two orders for product development and customization from Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT), the leading Israeli defense company. Elbit Systems is Foresight’s first commercial customer. According to the update, Foresight … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Two Orders that Mark Significant Commercial Milestone”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced the appointment of seasoned executive Alain Charlois as Vice President of Strategic Partnerships, effective July 1, 2020. Charlois will be responsible for developing new business opportunities and identifying potential strategic partners in the Advanced Driver Assistance Systems (“ADAS”) and autonomous … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Appoints New VP to Develop Business Opportunities, Identify Potential Strategic Partners”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its receipt of notification from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), concerning minimum bid price listing requirements. As previously announced, Nasdaq had notified Foresight that its … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Regains Compliance with Nasdaq Listing Rule 5550(a)(2)”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 6,400,000 of the Company’s American Depositary Shares (“ADSs”), each at a price of $1.00, pursuant to a registered direct offering. Foresight will secure approximately $6.4 million in … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Pricing of $6.4M Registered Direct Offering”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it has started developing a mass screening solution for the detection of COVID-19 symptoms based on visible-light and thermal cameras. According to the update, the Company has submitted a patent application to the U.S. Patent and Trademark Office for … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Leveraging Thermal Imaging, AI Expertise in Development of Solution to Detect COVID-19 Symptoms”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, on Thursday released financial results for the first quarter of 2020. According to the update, Foresight ended Q1 of 2020 with $6.8 million in cash and short-term deposits. This amount excludes aggregate gross proceeds of $8 million from previously announced offerings that … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Financial Results for Q1 2020”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 8,333,334 of the Company’s American Depositary Shares (“ADSs”), each at a price of $0.60, pursuant to a registered direct offering. Foresight will secure approximately $5 million in … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices $5MM Registered Direct Offering”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that it has joined the All Weather Autonomous Real logistics operations and Demonstrations (“AWARD”) consortium. According to the update, the AWARD consortium submitted an application to the European Commission (“Horizon 2020”) to win funding for a large-scale project aimed at … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Joins AWARD Consortium for Development of Autonomous Heavy-Duty Vehicles”