Foresight Autonomous Holdings shares are trading higger after the company announced the signing of an exclusive commercialization agreement with Elbit Systems Land and secured revenue of up to $4 million over a 5-year contractual period.
Portfolio Pulse from Benzinga Newsdesk
Foresight Autonomous Holdings has signed an exclusive commercialization agreement with Elbit Systems Land, securing revenue of up to $4 million over a 5-year contractual period. This has led to an increase in Foresight's share price.
July 17, 2023 | 3:41 pm
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Foresight Autonomous Holdings' stock is trading higher after signing a commercialization agreement with Elbit Systems Land, securing a 5-year revenue of up to $4 million.
The signing of an exclusive commercialization agreement with Elbit Systems Land, which secures a significant revenue stream for the next 5 years, is a positive development for Foresight Autonomous Holdings. This has led to an increase in the company's share price, indicating positive market reaction.
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IMPORTANCE 80
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