Foresight Autonomous (FRSX) Holdings announced that its wholly-owned subsidiary, Eye-Net Mobile, has signed an agreement for a proof of concept project with co-pace GmbH, the startup-up subsidiary of the technology company Continental AG. The project is part of a strategic collaboration aimed at evaluating the feasibility of enhancing Continental’s road safety systems by integrating Eye-Net’s proprietary vehicle-to-everything technology. The POC is structured in two phases: the first phase focuses on integrating Eye-Net’s software development kit into Continental’s Telematics Control Unit. Following successful integration, the second phase will involve a real-world demonstration using actual vehicles, providing real-world validation of the technology’s effectiveness and practical application potential. Future development phases and potential opportunities will be determined following the successful completion of the POC and subject to mutual agreement between the parties. Both parties will make their best efforts to conclude follow-on agreements by September 2025.
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