ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Successful Completion of Eye-Net’s First Pilot Phase with Top Global Vehicle Manufacturer
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., successfully completed the first phase of a pilot project with the intelligent transport system division of a multibillion-dollar global Japanese vehicle manufacturer. According to the update, the vehicle manufacturer reviewed the performance of the Eye-Net(TM) Protect accident prevention solution and subsequently concluded it is a valid option for the safety traffic system of its smart city project. Following these results, the vehicle manufacturer will initiate technical discussions between Eye-Net and the smart city constructor, progressing towards possible integration…