Foresight Collaborates with a Leading Global Tier-One Automotive Supplier to Enhance Bus Safety with Advanced 3D Perception Technology

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The parties will engage in a POC project to improve urban transit safety through precision curb detection system Ness Ziona, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd.(Nasdaq and TASE: FRSX) ("Foresight” or the "Company”), an innovator in three-dimensional ("3D”) perception systems, announced today the signing of an agreement for proof of concept (POC) project with a global Tier One automotive supplier to evaluate the effectiveness of its cutting-edge 3D perception system in measuring curb heights and distances in urban environments.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Foresight's annual report on Form 20-F for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission ("SEC") on March 24, 2025, and in any subsequent filings with the SEC.

For example, Foresight is using forward-looking statements in this press release when it discusses the advantages and benefits of Foresight’s system, market size, the timing of the POC project and the parties’ intent to commercialize the system by 2028.

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Author / Journalist: Foresight Autonomous Holdings Ltd.

Category: Technology

Markets: ChinaIsrael

Topics: US3455231049 Nasdaq:FRSX TASE:FRSX.TA

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 12:37:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

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News ID: 28711098

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