Foresight's Eye-Net Mobile Has Signed A Three-Way Multi-Phase Agreement For A Paid POC Project With Softbank Corp. And A Japanese Vehicle Manufacturer To Assess Eye-Net's Technology As A Potential ADAS System For The Manufacturer's Vehicles
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Foresight Autonomous Holdings Ltd. (FRSX) announced a multi-phase agreement for a paid proof of concept (POC) project with SoftBank Corp. and a Japanese vehicle manufacturer to assess Eye-Net's technology as a potential ADAS system for the manufacturer's vehicles.
July 26, 2024 | 1:06 pm
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Foresight Autonomous Holdings Ltd. (FRSX) has entered into a multi-phase agreement for a paid POC project with SoftBank and a Japanese vehicle manufacturer to evaluate Eye-Net's ADAS technology.
The agreement signifies a significant step for Foresight Autonomous in potentially commercializing its Eye-Net technology. Successful completion of the POC phases could lead to full integration into the manufacturer's ADAS, boosting FRSX's market position and revenue potential.
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