Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
0.3199
-0.0001 (-0.03%)
NASDAQ · Last Trade: Aug 22nd, 8:59 AM EDT
Detailed Quote
Previous Close
0.3200
Open
-
Bid
0.3200
Ask
0.3400
Day's Range
N/A - N/A
52 Week Range
0.3100 - 2.630
Volume
1,115
Market Cap
227.83M
PE Ratio (TTM)
-16.00
EPS (TTM)
-0.0
Dividend & Yield
N/A (N/A)
1 Month Average Volume
536,791
Chart
About Foresight Autonomous Holdings Ltd. - American Depositary Shares (FRSX)
Foresight Autonomous Holdings Ltd is a technology company that specializes in the development of advanced driver assistance systems and autonomous vehicle technologies. The company focuses on enhancing vehicular safety and efficiency through innovative solutions, including its proprietary vision-based systems that utilize infrared and other sensing technologies. With a commitment to addressing critical challenges in transportation, Foresight aims to provide next-generation technologies that improve collision avoidance and enhance the overall driving experience, particularly in the context of smart transportation and autonomous systems. Read More
Foresight Autonomous announces successful Euro NCAP compliance for its Eye-Net Mobile Ltd. V2X safety solution. After rigorous testing by UTAC, Eye-Net's technology demonstrated emergency braking accuracy in real-world simulations, preventing collisions.
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) has partnered with NVIDIA (NASDAQ: NVDA) to integrate Jetson Orin platforms into its 3D vision systems. This collaboration aims to enhance autonomous drones and UAVs by providing powerful AI capabilities for improved environmental awareness.
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, announced Friday that it had signed a multi-phase collaboration agreement with BuilderX Inc. BuilderX is a Chinese developer of artificial intelligence (“AI”) tele-operations equipment for heavy machinery, designed primarily for operation in hazardous industrial and mining environments.
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has inked a multiphase strategic cooperation agreement with China Design Group Co. Ltd. (“CDG”). According to the agreement, CDG, a $1-billion annual revenue Chinese tech company, will leverage its expertise to lead the marketing and sales efforts of the intelligent traffic systems in mainland China and Foresight will oversee these efforts in international territories, including Japan, South Korea, Europe and the United States. Foresight anticipates that this agreement will leverage its 3D-perception technology as well as its Internet of Things (“IoT”), cloud computing and edge computing platforms.
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has received notice from the NASDAQ Stock Market LLC that its closing bid price for its American Depositary Shares (“ADSs”) was below $1 per share for the last 30 consecutive business days, meaning the company is not in compliance with a NASDAQ listing rule. As a result, Foresight has a 180-calendar day compliance period (until March 3, 2025) to regain compliance. Regaining compliance would mean FRSX’s closing ADSs bid price must meet or exceed $1 per share for at least 10 consecutive business days during the 180-calendar day compliance period; a second 180-day calendar compliance period may be granted if that price per share standard is not met under certain circumstances.
Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is reporting its financial results and company update for the second quarter of 2024. Highlights of the report include a collaboration agreement with Korean Tier-One KONEC, a contract to supply advanced systems for SUNWAY-AI autonomous logistics vehicles, and a follow-up order from a leading Japanese manufacturer, to name a few.
