Foresight Announces Third Quarter 2024 Financial Results
Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
US:NASDAQ Investor Relations:
ir.foresightauto.com
Company Research
Source: GlobeNewswire
NESS ZIONA, Israel, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in automotive vision systems, today reported financial results as of and for the third quarter of 2024. Q3 and Recent Key Highlights: Foresight announced strategic collaborations and agreements: Announced the supply of advanced systems for SUNWAY-AI’s autonomous logistics vehicles. Entered into an agreement with BuilderX Robotics (“BuilderX”) to enhance autonomous heavy machinery operations and teleoperations. Secured a follow-up order from a leading Japanese vehicle manufacturer. Entered into a proof-of-concept (POC) agreement with Higer Bus Company and Xi’an Jiaotong-Liverpool University to enhance autonomous bus perception. Signed a strategic agreement with China Design Group (“CDG”), a leading AI Chinese company for smart transportation solutions to commercialize advanced
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