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Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its successful completion of a series of technological demonstrations of its QuadSight vision system in France. Per the update, the demonstrations for four leading vehicle manufacturers (“OEMs”) and Tier One suppliers follow a successful technological roadshow in Japan with six additional OEMs … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Completion of QuadSight Demos for Leading OEMs, Tier One Suppliers”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, on Wednesday reported financial results for the first quarter 2019. Among other highlights, the company ended the quarter with $19.3 million in cash and short-term deposits, GAAP net loss of $3.3 million, and non-GAAP net loss of $2.9 million. In addition, the update also … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Q1 2019 Financial Results”

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, this morning announced the signing of a distribution agreement with Cornes Technologies, a leading Japanese trading house. Per the update, Cornes Technologies will have exclusive rights to promote and distribute Foresight’s QuadSight(TM) system in the Japanese market. Prior to the signing of this agreement, … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Distribution Agreement with Cornes Technologies”

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its plans to exhibit at TU-Automotive Detroit, the world’s largest auto tech conference and exhibition, at booth number A35 on June 5-6, 2019. According to the update, Foresight’s booth will feature its four-camera vision system,  QuadSight, to demonstrate the technology’s ability … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Demonstrate QuadSight at TU-Automotive Detroit”

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight vision system was recognized at the prestigious 2019 Edison Awards, being named the ‘Gold Winner’ of the ‘Transportation & Logistics, Autonomous Vehicles’ category. Named after Thomas Alva Edison, the awards recognize and honor the world’s best innovators and … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Named ‘Gold Winner’ at 2019 Edison Awards”

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives Notice of Allowance for First US Patent Application Relating to Core Technology”

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) on Wednesday announced financial results for the fourth quarter and full year 2018. Per the update, Foresight ended Q4 of 2018 with $15.7 million in cash and short-term deposits. This amount does not include approximately $6.2 million in gross proceeds raised through a March 19, … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Financial Results for Q4 and Full Year 2018”

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) on Tuesday announced the closing of an underwritten public offering of 4,100,000 American Depositary Shares (“ADSs”), which includes 100,000 ADSs sold pursuant to a partial exercise by the underwriters of the underwriters’ over-allotment option, each at a price to the public of $1.50 per ADS. … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Closes Public Offering of 4.1M American Depositary Shares”

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced the pricing of an underwritten public offering of 4,000,000 American Depositary Shares (“ADSs”), each at a price to the public of $1.50 per ADS, with expected gross proceeds of approximately $6,000,000 to the company. According to the update, the company intends to … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices Public Offering of 4M American Depositary Shares”

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its affiliate, Rail Vision Ltd., and Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, an affiliate of Knorr-Bremse AG, executed an agreement in which Knorr-Bremse will invest $10 million in Rail Vision for a 21.3% share of Rail Vision. The investment will be made … Continue reading “QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Affiliate Receives $10M Strategic Investment”