Foresight Receives Order of QuadSight™ Prototype from Leading Japanese Tier One Supplier
Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
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Source: Business Wire
The supplier ordered the system following a successful technological roadshow carried out in Japan earlier this year. NESS ZIONA, Israel--(BUSINESS WIRE)--Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today an additional sale of a prototype of its QuadSight™ four-camera vision system, targeted for the semi-autonomous and autonomous vehicle market. The prototype system was ordered by a leading Japanese Tier One automotive supplier. Revenue from the prototype system sale is expected to total tens of thousands of dollars.Cornes Technologies, Foresight’s distributor in Japan, facilitated the prototype system sale, the first from a Japanese customer. The Japanese Tier One automotive supplier participated in a technological roadshow that took place earlier this year, as reported by the Company on May 14, 2019. The roadshow consisted of live, real-time demonstrations of the QuadSight system to interested parties. Different
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