Wednesday, July 23, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Foresight: Eye-Net and SoftBank Join Forces with Japanese Automaker to Advance Cellular V2X Technology for Enhanced Road Safety

December 20, 2024
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 6 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Ness Ziona, Israel, Dec. 20, 2024 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”) has entered into a multi-phase agreement with SoftBank Corp. (Tokyo: 9434) (“SoftBank”) and a leading Japanese vehicle manufacturer. The collaboration aims to evaluate Eye-Net’s cutting-edge cellular vehicle-to-everything (C-V2X) technology as a key component in advanced driver assistance systems, potentially setting a new standard for road safety.

Under the terms of the agreement signed earlier this year, Eye-Net is conducting a paid proof of concept (POC) project supported by SoftBank’s cellular network infrastructure. This initiative is designed to explore the integration of Eye-Net’s non-line-of-sight collision avoidance solution into the automaker’s future vehicle systems, addressing critical challenges in real-time situational awareness.

The initial phase of the collaboration consists of an evaluation of Eye-Net™ Sense demonstration kit in a standalone mode. Upon successful evaluation, the parties may engage in the second phase of integrating Eye-Net Sense into the vehicle manufacturer’s infotainment systems. Successful completion of the first two phases could lead to the integration of the Eye-Net Sense solution into the manufacturer’s advanced driver assistance systems, potentially leading to the full commercial deployment in the manufacturer’s vehicles.

“This collaboration marks a significant milestone in our mission to revolutionize road safety through cutting-edge C-V2X technology. By combining Eye-Net’s innovative solutions with SoftBank’s robust infrastructure and the expertise of a leading Japanese automaker, we are taking a vital step toward creating safer roads and protecting millions of lives from non-line-of-sight collisions,” said Dror Elbaz, Chief Executive Office of Eye-Net.

For more information about Eye-Net, please visit http://www.eyenet-mobile.com, or follow the Company’s LinkedIn page, Eye-Net Mobile; X (formerly Twitter), @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.

About Foresight

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions.

Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles, and heavy industrial equipment. Eye-Net’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics.

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit http://www.foresightauto.com, follow @ForesightAuto1 on X (formerly Twitter), or join Foresight Automotive on LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the aims of the collaboration, that a successful completion of the first two phases could lead to the integration of the Eye-Net Sense solution into the manufacturer’s advanced driver assistance systems, potentially leading to full commercial deployment in the manufacturer’s vehicles, the advantages and benefits of Eye-Net Sense and that Eye-Net holds the potential to protect millions of road users across the country from non-line-of-sight collisions. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F for the fiscal year ended December 31, 2023 filed with the Securities and Exchange Commission (“SEC”) on March 27, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third-party websites. 

Investor Relations Contact:
Miri Segal-Scharia
CEO
MS-IR LLC
msegal@ms-ir.com
917-607-8654

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Canoo Inc. Announces 1-for-20 Reverse Stock Split Effective December 24, 2024

Next Post

Micon Global and Silvaco Announce New Partnership

Related Posts

July 2025 Crypto Market Monthly Report: Bitcoin Breaks $65,000, SunnyMining crypto Mining Becomes Investor Focus

In July 2025, the cryptocurrency market continued its upward trend. Bitcoin (BTC) surpassed the $65,000 mark, driven by multiple positive factors, while Ethereum (ETH) maintained steady performance amid expectations of key upgrades. Boosted by the rebound in Bitcoin prices and growing market risk appetite, major altcoins such as XRP, DOGE,...

Read moreDetails

Global Transportation Predictive Analytics and Simulation Market Set for Significant Growth, Projected to Reach USD 3.9 Billion by 2027 Amidst Surging Vehicular Traffic and Urbanization

Transportation Predictive Analytics and Simulation Market The global transportation predictive analytics and simulation market is poised for substantial expansion, with a projected valuation of USD 3,916.6 million by 2027, up from USD 1,550.0 million in 2016. This robust growth trajectory represents a Compound Annual Growth Rate (CAGR) of 8.9% over...

Read moreDetails

From Jaipur to the World: Synarion IT Solutions Delivers Cutting-Edge Mobile Apps Globally

23-July-2025, JaipurIn the heart of Rajasthan, where history and heritage blend seamlessly with innovation and ambition, Synarion IT Solutions has emerged as a dynamic force in the global mobile app development arena. Headquartered in Jaipur, India, Synarion IT Solutions is redefining how digital products are built, delivering bespoke mobile applications...

Read moreDetails

Yoel Yusnarto: Young Visionary from Indonesia’s Outermost Island Revolutionizing Smart Parking Nationwide

"Technology should not replace people - it should empower them to be more professional, dignified, and transparent," said Yoel. arimun, July 23, 2025 - Amid Indonesia's rapid digital transformation, one name has stood out in the urban mobility space: Yoel Liem Yusnarto, the young entrepreneur behind MSM Parking Group (PT...

Read moreDetails

Workspend Launches 2025 Webinar Series Highlighting Women Leaders Driving Workforce Transformation

The New Roles of Women in the Digital Workforce. 10th July, 2025- Las Vegas, Nevada - Workspend, a leading global provider of managed services programs (MSP), today announced its impactful three-part webinar series, 'The New Roles of Women in the Digital Workforce.' This series, commencing August 6, 2025, will feature...

Read moreDetails

AI Historian Shakes Up Global Film Scene with Triple Festival Selection.

Preserving hidden history with AI - honored with three selections at an international film festival. FOR IMMEDIATE RELEASEIndependent Filmmaker Earns Triple Selection at Lift-Off Global Network for Groundbreaking Historical Shorts.July 2025 - New York, NYIndependent filmmaker and historical storyteller Sal Austin has just received three official selections from the prestigious...

Read moreDetails

Dev Technosys Launches Advanced GPS Tracking App Development Services to Enhance Real-Time Location Solutions

Dev Technosys, a leading mobile and web app development company, proudly announces the expansion of its cutting-edge GPS tracking app development services, designed to empower businesses with accurate, real-time location tracking and fleet management capabilities.With growing demand across industries such as logistics, transportation, construction, and field services, Dev Technosys has...

Read moreDetails

What is CDN? How It Works & Why It’s a Game-Changer for Hosting

What is a CDN?A CDN is a geographically distributed network of servers that work together to deliver your website content - like images, CSS, JavaScript, and videos - to users as quickly and efficiently as possible.Instead of serving content from a single origin server, a CDN caches your content on...

Read moreDetails

Retail Banking Market Outlook Reflects Strong Demand for Digital Services Personalized Loans and Financial Inclusion

Retail Banking Market InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Retail Banking Market Size, Share & Trends Analysis Report By Type (Public Sector Banks, Private Sector Banks, Foreign Banks), By Service (Saving & Checking Accounts, Credit & Debit Cards), Region, Market Outlook...

Read moreDetails

Variable Life Insurance Market Top Players – ABB; Bleum; Boston Dynamics; Clearpath Robotics, Inc.; GreyOrange.

Variable Life Insurance Market InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Variable Life Insurance Market Size, Share & Trends Analysis Report By Type (Fixed Premium, Variable Universal Life Insurance), By Components (Death Benefits, Add-On Benefits), By End-User (Agency, Brokers, Bancassurance, Digital And...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    76 shares
    Share 30 Tweet 19
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    42 shares
    Share 17 Tweet 11
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    61 shares
    Share 24 Tweet 15
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    40 shares
    Share 16 Tweet 10
  • 10 Must-Watch Undervalued Cryptos Primed for 2025 Surge

    13 shares
    Share 5 Tweet 3
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • July 2025 Crypto Market Monthly Report: Bitcoin Breaks $65,000, SunnyMining crypto Mining Becomes Investor Focus
  • Global Transportation Predictive Analytics and Simulation Market Set for Significant Growth, Projected to Reach USD 3.9 Billion by 2027 Amidst Surging Vehicular Traffic and Urbanization
  • From Jaipur to the World: Synarion IT Solutions Delivers Cutting-Edge Mobile Apps Globally
  • Yoel Yusnarto: Young Visionary from Indonesia’s Outermost Island Revolutionizing Smart Parking Nationwide
  • Workspend Launches 2025 Webinar Series Highlighting Women Leaders Driving Workforce Transformation

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.