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The latest announcement is out from Foresight Autonomous Holdings ( (FRSX) ).
Foresight Autonomous Holdings Ltd. has announced the delivery of its first batch of ScaleCam systems to SUNWAY-AI Technology in China, marking a significant milestone in its production and commercialization roadmap. This delivery, part of an agreement from July 2024, enables SUNWAY’s vehicles to achieve full autonomous driving capabilities and positions Foresight as a key player in the autonomous logistics and robotics industry, reflecting its expertise and robust supply chain management.
More about Foresight Autonomous Holdings
Foresight Autonomous Holdings Ltd. is a technology company specializing in smart multi-spectral vision software solutions and cellular-based applications. Through its subsidiaries, it develops vision systems for various markets, including automotive, defense, and autonomous vehicles. Its products aim to enhance road safety and situational awareness through advanced AI technology.
YTD Price Performance: -2.07%
Average Trading Volume: 796,753
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $24.72M
For a thorough assessment of FRSX stock, go to TipRanks’ Stock Analysis page.
