MondayAug 05, 2019 10:51 am

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Knows that the Toy Business is Not a Game

Blue Hat reported 52 percent revenue growth and 76 percent net income growth for the nine months ended September 30, 2018 The company maintains a vast portfolio of proprietary technologies, patents, artwork copyrights, trademarks and software copyrights Retail sales of toys and games in China surged from RMB111.8 billion in 2012 to RMB276.6 billion in 2017 Global trends and government policies favor further growth The toy industry is not a frivolous pastime. In fact, the toy business offers a wealth of opportunity. The United States is currently the largest segment of global toy sales. However, in terms of growth prospects,…

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FridayAug 02, 2019 10:04 am

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Creating Augmented Reality Toys, Games for Youth in China

Retail sales of toys and games in China soared from RMB111.8 billion in 2012 to RMB276.6 billion in 2017, registering an average annual growth rate of nearly 20 percent Favorable Chinese government policies emphasize the research and development of new technologies such as augmented reality (AR) and virtual reality (VR) The global trend toward AR and VR products is expected to increase dramatically from 2018 to 2025, with market value projected to reach $767 billion Blue Hat owns an extensive portfolio of proprietary technologies, patents, artwork copyrights, trademarks and software copyrights Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) is a…

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ThursdayAug 01, 2019 11:59 am

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Finalizes Strategic Agreement to Equip Schools with Smart AR Tech

A strategic partnership is expected to enable Blue Hat to modernize classrooms across Guangzhou, China Through the agreement, Blue Hat will begin the development of augmented reality solutions for the education sector VR and AR are prominent in China, where both the government and provincial authorities are encouraging the introduction of technological initiatives in the field of education Chinese augmented reality software developer Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced on April 30 the finalization of a strategic agreement with Guangdong Family Periodicals Group. Through the partnership, the two enterprises will work toward the development of innovative educational solutions…

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FridayJul 26, 2019 1:15 pm

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) is “One to Watch”

China’s AR industry is estimated at RMB$55 billion in 2020 Favorable Chinese government policies emphasize research and development of new technologies such as AR Few direct competitors in China create exceptional potential for AR application in educational materials and smart toys Total retail sales of toys and games in China soared to RMB$276.5 billion in 2017 with an annual growth rate of 19.9% Shift toward intelligent and interactive toys and games, along with rising disposable income in China, helped retail sales of electronic toys grow 24% while traditional toys grew at 7% in 2017 Extensive portfolio of IR property with…

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SaturdayJul 28, 2018 1:50 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Developing Passive Sensor Vision System Technology for Autonomous Vehicles

FRSX’s QuadSight™ multi-camera vision solution is a stereoscopic system that detects obstacles in all weather and lighting conditions designed for semi-autonomous and autonomous vehicles In its corporate presentation, FRSX cites projection of the autonomous self-driving vehicle market reaching $60 billion by 2030, from Mordor Intelligence LLP FRSX has in development its Eyes-On™ and Eye-Net™ patent-pending accident prevention solutions Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), in an audio press release, detailed the advantages of its passive sensor vision system versus active ones. As sensors will play a key role in the development of self-driving vehicles, FRSX’s QuadSight™ passive sensor…

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FridayJul 27, 2018 12:25 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Increases Ownership in Rail Vision, Lands Sale of QuadSight™ Prototype

Foresight becomes largest shareholder in Rail Vision Ltd. Chinese company purchases prototype of Foresight’s breakthrough quad-camera vision system Foresight strengthens position as leader in providing vision solutions A leading innovator in automotive vision systems and driver assistance technology, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) has become the largest shareholder of Rail Vision Ltd. To reach this status, Foresight exercised $2.24 million of warrants, raising its ownership stake to approximately 35 percent of issued and outstanding shares and 34 percent on a fully diluted basis. Focused on revolutionizing the rail industry with obstacle detection solutions, advanced imaging and deep-learning…

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ThursdayJul 26, 2018 1:28 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Looks to Lead Autonomous Vehicle Race with Merger and Series of Private Placements

Foresight sets primary goal to sell prototype systems of QuadSight, its multi-spectral vision system for autonomous vehicles The company looks to establish mutual cooperation with key clients in automotive industry Foresight moves forward with plans to sell its Eyes-On automotive vision system to a leading Israeli vehicle importer Global autonomous vehicle market expected to reach $54.23 billion by 2026 While 2017 was the year of the electric vehicle, 2018 is slated to be the year of autonomy. Elon Musk predicted a fully autonomous Tesla (NASDAQ: TSLA) model by 2018, and General Motors Company (NYSE: GM) is slated to put its…

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WednesdayJul 11, 2018 1:39 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Offers Smart Car Technology that Makes Driving Safer

Advanced Driver Assistance Systems (ADAS) market to reach $143 billion by 2025 Successful test of Eye-Net V2X (vehicle to everything) cellular-based accident prevention system Analyst coverage recently initiated What could be smarter than playing it safe, particularly when on the road as a driver? Driving defensively certainly helps, but, more often than expected, the unexpected happens. If only you could have had some inkling of what was coming. Well perhaps you can. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is developing unique safety solutions for the automotive industry that provide real-time information to prevent accidents. Combining stereo/quad-camera vision with three-dimensional…

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MondayJul 02, 2018 11:23 am

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Prototype Deal, Secures Investment Funding

A leading importer of vehicles to Israel has signed with Foresight a non-binding MOU for the sale of the Eyes-On™ automotive vision system $12.4 million in private placement agreements signed with leading Israeli institutional investors Global advanced driver assistance system (ADAS) market expected to reach $67.43 billion by 2025, growing at 19 percent CAGR A rising demand for advanced driver safety and assistance systems that help drivers control vehicles and avoid accidents is fueling a global market for technological innovations in an increasingly high growth market, according to multiple industry research reports. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX),…

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MondayJun 18, 2018 2:09 pm

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First Order for Breakthrough QuadSight™ Technology Product

Receives first QuadSight™ prototype order from truck division of a large European vehicle manufacturer QuadSight™ system uses two pairs of stereoscopic infrared and daylight cameras that exceed a human driver’s ability to see, regardless of weather or lighting conditions QuadSight™, Eyes-On™ and Eye-Net™ are accident prevention products revolutionizing the safety and dependability of driver assistance and automated vehicle technology Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry, recently received its first order for its breakthrough QuadSight™ prototype (http://nnw.fm/hXF4o). A…

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