Foresight Autonomous Holdings (FRSX) has released an update.
Foresight Autonomous Holdings has secured a follow-up paid software proof of concept project with a major Japanese vehicle manufacturer, aimed at enhancing the safety features of vehicles with level 2 and level 3 autonomous driving capabilities. The project involves a comprehensive evaluation of Foresight’s ScaleCam™ 3D perception technology, which if successful, could lead to its integration in mass-produced vehicles. This agreement follows two previously successful proof of concept projects, bolstering Foresight’s potential for deeper collaboration with the vehicle manufacturer.
For further insights into FRSX stock, check out TipRanks’ Stock Analysis page.
