Foresight Integrates Advanced Vision Systems into SUNWAY's Autonomous Vehicles
Portfolio Pulse from Benzinga Newsdesk
Foresight Autonomous Holdings Ltd. (FRSX) has signed an amendment to an existing agreement with SUNWAY-AI Technology to integrate its ScaleCam stereoscopic vision system into SUNWAY's autonomous logistics and robotic vehicles. This integration aims to enhance the efficiency and safety of logistical operations. The first batch of ScaleCam systems is expected to be supplied by the end of 2024, pending SUNWAY's approval.
July 08, 2024 | 11:55 am
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Foresight Autonomous Holdings Ltd. (FRSX) has signed an amendment to integrate its ScaleCam vision system into SUNWAY's autonomous vehicles, potentially enhancing logistical efficiency and safety. The first batch of systems is expected by the end of 2024, pending approval.
The integration of Foresight's ScaleCam system into SUNWAY's autonomous vehicles represents a significant partnership that could enhance the efficiency and safety of logistical operations. This development is likely to positively impact FRSX's stock price in the short term, especially if the first batch of systems is successfully supplied by the end of 2024.
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