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Forum - Foresight Autonomous Holdings Ltd. ADR - FRSX   

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From: NetworkNewsWire (Rep: 0)Date: 07/19/2019 17:46
Forum: Foresight Autonomous Holdings Ltd. ADR - Msg #196Thread #674091572 (Rec: 0)
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives QuadSight(TM) Prototype Order from Leading Japanese Supplier

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced an additional sale of a prototype of its QuadSight(TM) four-camera vision system, which is targeted for the semi-autonomous and autonomous vehicle market. A leading Japanese tier one automotive supplier ordered the prototype system following its participation in a technological roadshow that took place earlier this year, and revenue from the sale is expected to total tens of thousands of dollars. “This order affirms the importance of our technological roadshow strategy, which offers potential strategic partners the chance to experience our QuadSight system in real time and better understand its outstanding detection capabilities,” Foresight CEO Haim Siboni said in the news release. “I am confident that the successful roadshow in Japan will generate additional orders of prototype systems from vehicle manufacturers and tier one suppliers in the coming months.”

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