Foresight Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: Yahoo! Finance
innovator in automotive vision systems, today reported financial results for the first quarter of 2024. Key highlights: Initial revenues from collaborations with Elbit Systems Ltd. ("Elbit”) and SoftBank Corp. (Tokyo: 9434) (“SoftBank”) Focus on defense, industrial vehicles and Eye-Net Mobile (“Eye-Net”), the Company's wholly owned subsidiary, initiatives resulted in significant reduction in net loss Cash, cash equivalents and restricted cash amounted to $14.8 million at the end of the first quarter of 2024 Company continues to increase its market awareness with multiple engagements, mainly in Europe, Japan, and China Eye-Net collaborates with new global leading partners “Foresight continues to impress key customers in proof-of-concept (“POC”) projects, leading to promising commercial opportunities, mainly in Europe, Japan, and China,” said Haim Siboni, CEO of Foresight. “During the first quarter of 2024, Foresight successfully completed two POC projects with a leading J
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RVSN
Sec Filings
- 6/25/24 - Form 6-K
- 6/24/24 - Form 6-K
- 6/14/24 - Form 6-K
- RVSN's page on the SEC website