The latest update is out from Foresight Autonomous Holdings ( (FRSX) ).
On March 11, 2025, Foresight Autonomous Holdings Ltd. announced that its subsidiary, Eye-Net Mobile Ltd., secured a $2.75 million investment based on a $45 million valuation. This investment involves the purchase of approximately 5.8% of Eye-Net’s ordinary shares and includes antidilution protections for investors. The funds will be used for working capital and general corporate purposes, potentially strengthening Eye-Net’s position in the vehicle-to-everything (V2X) collision prevention market.
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, Foresight Automotive Ltd. and Foresight Changzhou Automotive Ltd., the company develops ‘in-line-of-sight’ vision systems, while Eye-Net Mobile Ltd. focuses on ‘beyond-line-of-sight’ accident-prevention solutions. Their products serve various markets, including automotive, defense, autonomous vehicles, and heavy industrial equipment.
YTD Price Performance: -52.41%
Average Trading Volume: 1,003,617
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.55M
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