FRSX

NESS ZIONA, Israel, March 26, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2025. “We are excited to kick off 2026 with strong momentum, building directly on the significant achievements and strategic partnerships we secured throughout 2025, including major collaborations with leading global players such as Renault Group, Orange, SoftBank Corp. and Audi AG. We believe that these milestones continue to validate our innovative 3D perception and V2X technologies and position Foresight for accelerated commercialization in key markets worldwide,” said Haim Siboni, Chief Executive Officer of Foresight. Second Half 2025 and Recent Corporate Highlights: Foresight and Big Bang Win Grant for $5 Million Project to Commercialize Autonomous Industrial Drones In August 2025, we announced the approval of a joint development and commercialization project with Big Bang Boom Solutions Pvt. Ltd. (“Big Bang”), a leading Indian drone manufacturer, under the India-Israel Industrial research & development and Technological Innovation Fund. With a budget of $5 million, the project initiated in November 2025 and is scheduled for a 24-month period, with the goal to gradually introduce a variety of mass production drone solutions. Large-Scale Public Transportation Safety Trial with Renault Group and Orange In November 2025, Eye-Net Mobile Ltd (“Eye-Net”) launched a large-scale live public transportation safety trial in Bordeaux, France, in partnership with Renault Group, Orange S.A., and other ecosystem participants. This initiative integrates Eye-Net’s vehicle-to-everything (“V2X”) collision-prevention technology into a public transit network via a mobile platform, testing real-world readiness and interoperability with existing mobility systems as a key step toward commercial deployment of our smart mobility solutions. In February 2026, we announced the successful completion of the live trial and active commercial discussions to pursue joint commercialization of our technology. Eye-Net Investment at $55 Million Valuation In early December 2025, Eye-Net secured $3 million in gross proceeds from institutional investors based on $55 million pre-money valuation of Eye-Net. The financing, whic...

Following a very successful collaboration, the parties are in active commercial discussions to pursue joint commercialization of the solution Ness Ziona, Israel, March 13, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its majority-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), together with Renault Group, Orange S.A. (“Orange”) and other participants, recently announced the successful completion of a large-scale live trial of the SafeCycloMove “Collision Prevention” project in the city of Bordeaux, France. The initiative is a part of Eye-Net’s ongoing collaboration with Software République to advance smart mobility innovation and support efficient urban transportation in France and across Europe. The live trial demonstrated positive technical performance across all key parameters, including positioning accuracy, ultra-low latency, stable real-time communication, and full scalability under heavy load. These results confirm the real-world readiness of Eye-Net’s vehicle-to-everything (“V2X”) collision-prevention technology in a live public-transportation environment involving buses and cyclists. Led by the Lab TBMouv, Bordeaux Métropole and Keolis Bordeaux Métropole Mobilités, during the trial, Eye-Net’s Software development kit was integrated into several different applications at the same time, including an app by Orange, Keolis’ TBM app for cyclists, and the Atos app installed inside buses, all in collaboration with Renault Group, Allianz, Atos SE and the Bordeaux INP. The trial took place across Bordeaux’s public transportation network. Eye-Net’s alerting system was integrated into the TBM Mobility App, a public transit navigation platform, enabling real-time data exchange between buses and cyclists to help prevent collisions with vulnerable road users, particularly in areas with obstructed visibility. The trial evaluated the performance and reliability of cooperative collision-prevention alerts, collected feedback from real users, and assessed technical readiness and user acceptance to support broader deployment across transportation networks. About Eye-Net Eye-Net develops next-generation V2X collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all road users in the urba...

Following a very successful collaboration, the parties are in active commercial discussions to pursue joint commercialization of the solution Ness Ziona, Israel, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its majority-owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), together with Renault Group, Orange S.A. (“Orange”) and other participants, have successfully completed the previously announced large-scale live trial of the SafeCycloMove “Collision Prevention” project in the city of Bordeaux, France. The initiative is a part of Eye-Net’s ongoing collaboration with Software République to advance smart mobility innovation and support efficient urban transportation in France and across Europe. The live trial demonstrated positive technical performance across all key parameters, including positioning accuracy, ultra-low latency, stable real-time communication, and full scalability under heavy load. These results confirm the real-world readiness of Eye-Net’s vehicle-to-everything (“V2X”) collision-prevention technology in a live public-transportation environment involving buses and cyclists. “We are extremely satisfied with the results of this large-scale trial and the successful collaboration with our strategic partners for this trial, including Renault Group and Orange,” said Haim Siboni, Chief Executive Officer of Eye-Net. “We believe that these strong results have paved the way for ongoing advanced commercial discussions with our key partners to explore the next phases of implementation and commercialization.” Led by the Lab TBMouv, Bordeaux Métropole and Keolis Bordeaux Métropole Mobilités, during the trial, Eye-Net’s Software development kit was integrated into several different applications at the same time, including an app by Orange, Keolis’ TBM app for cyclists, and the Atos app installed inside buses, all in collaboration with Renault Group, Allianz, Atos SE and the Bordeaux INP. The trial took place across Bordeaux’s public transportation network. Eye-Net’s alerting system was integrated into the TBM Mobility App, a public transit navigation platform, enabling real-time data exchange between buses and cyclists to help prevent collisions with vulnerable road users, particularly in areas with obstructed visibility. The...

NESS ZIONA, Israel, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today reported financial results for the second quarter and first half of 2025. Second Quarter Corporate Highlights Commercial Agreement with Zhejiang StreamRail - On May 19, 2025, Foresight signed a $12 million revenue potential commercialization agreement with Zhejiang StreamRail Intelligent Control Technology Co., Ltd., a Chinese rail technology company. The collaboration targets the integration of Foresight’s 3D perception systems into urban rail transit, with commercial deployment expected in 2026. Tier-One Automotive Collaboration - On May 14, 2025, the Company announced a collaboration with a global Tier-One automotive supplier to deploy Foresight’s 3D perception technology to improve bus safety. A proof-of-concept phase is undergoing during the second half of 2025. Strategic Collaboration for Industrial Drones in India - On April 10, 2025, Foresight signed a memorandum of understanding with a leading Indian drone manufacturer under the India-Israel Industrial research and development and Technological Innovation Fund (I4F) program. The collaboration focuses on rugged autonomous industrial drones equipped with multi-spectrum sensing, targeting a projected $32 million revenue by 2031. On August 4, 2025, the Company announced the funding approval from I4F for its joint development and commercialization project with Big Bang Boom Solutions Pvt. Ltd., a leading Indian drone manufacturer. With a budget of $5 million, the project is scheduled to begin in September 2025 and will span a 24-month period. The goal of the project is to gradually introduce a variety of mass production drone solutions. First Half 2025 Corporate Highlights Eye-Net Mobile Funding Round - On March 7, 2025, Eye-Net Mobile Ltd. (“Eye-Net”) raised approximately $2.75 million in private and institutional financing, supporting product development and commercialization efforts. The investment round valued Eye-Net at approximately $45 million pre-money. Technological Upgrades with NVIDIA Jetson Orin Platforms - Foresight enhanced its perception systems in early 2025 by integrating NVIDIA Jetson Orin Nano and AGX platforms, significantly boosting AI processing capabilities for both its automotive and drone appl...

NESS ZIONA, Israel, March 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd., (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, today reported financial results for the fourth quarter and full year ended December 31, 2024. Foresight had revenues of $436,000 for the year ended December 31, 2024 and ended the year 2024 with $7.2 million in cash, cash equivalent and restricted cash. Since the beginning of 2025, the Company has secured an additional $4.75 million in financing, mainly through the sale of securities in Eye-Net Mobile Ltd. (“Eye-Net”), which we believe has strengthened the Company’s financial position. For the year ended December 31, 2024, the Company reported a U.S. generally accepted accounting principles (“GAAP”) net loss of $11.1 million, a 39.5% decrease from a GAAP net loss of $18.4 million reported for the same period in 2023. Foresight reported a GAAP net loss of $3.1 million for the fourth quarter 2024, compared to $3.6 million for the fourth quarter of 2023, and a non-GAAP net loss of $2.8 million for the fourth quarter of 2024, compared to $3.3 million for the fourth quarter of 2023. A reconciliation between GAAP net loss and non-GAAP net loss is provided in the financial statements that are part of this release. "The fourth quarter of 2024 was a transformative period for Foresight, marked by significant strategic agreements and technological advancements across multiple industries,” commented Haim Siboni, Chief Executive Officer of Foresight. “From launching our cutting-edge stereoscopic sensor kits to securing major collaborations in autonomous tractors, smart parking, and artificial intelligence-driven mobility solutions, we have reinforced our leadership in 3D perception technology.” “We are pleased to report progress in our strategic collaboration with KONEC Co. Ltd. (“KONEC”) in South Korea. Our ongoing co-development efforts have established a strong foundation for commercializing our advanced 3D perception solutions. We anticipate substantial revenue opportunities from this collaboration and are committed to contributing to South Korea's continued technological leadership in the autonomous vehicle sector.” “Additionally, Eye-Net, Foresight’s wholly owned subsidiary, made important strides in the European market through its agreement with Software République, with key playe...