Foresight, GINT and KONEC Announce Collaboration Agreement to Revolutionize Autonomous Tractors in South Korea
Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
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Source: GlobeNewswire
Initially the parties will collaborate to design and commercialize autonomous tractor kits, with plans to expand their offerings into semi- and fully autonomous solutions for the automotive industry Ness Ziona, Israel, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced today the signing of a three-way multi-phase cooperation agreement with GINT Ltd. (“GINT”), a South Korean company specializing in automation technologies for agricultural machinery, construction equipment and automobiles, and KONEC Ltd. (“KONEC”), a leading South Korean Tier-One automotive supplier, to develop advanced 3D perception solutions for autonomous tractors and construction equipment. In the short term, the parties will collaborate to design and commercialize autonomous tractor kits that integrate Foresight's 3D perception capabilities, including visible-light and thermal infrared came
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