Foresight Automotive

Exciting news! 🚀 Foresight has signed a game-changing deal with Excava, a leading Indian Tier-One automotive supplier. This collaboration promises to revolutionize 3D perception systems across multiple sectors in India, including automotive, off-highway, unmanned aerial vehicles (UAVs), defense, railways and logistics, including autonomous and heavy machinery With potential revenues of up to $19.5 million between 2025 and 2029 and plans for a local joint venture, this collaboration is set to drive innovation and growth in the autonomous technology space. As we look to the future of mobility, this collaboration between Foresight and Excava marks a significant milestone in bringing cutting-edge perception solutions to the Indian market. Link in comments 🇮🇳 $FRSX #autonomousdriving #AutonomousTechnology #3Dperception #autonomousmachines #autonomousdrones #InnovationInIndia #FutureOfMobility

שמחנו לארח בפורסייט את תלמידי מחזור 41 של Executive MBA, Coller School of Management, Tel Aviv University ולחשוף אותם לחזון ולטכנולוגיה המתקדמת שלנו בתחום הבטיחות בדרכים. חיים סיבוני, מייסד ומנכ"ל החברה, ריתק את הקהל ושיתף תובנות מניסיונו העשיר והדגיש את חשיבות ההתמדה והאמונה בדרך. סיבוני הדגיש כי בלקסיקון שלו אין מקום למושג "כישלון", אלא רק ל"אי הצלחה זמנית". גישה זו משקפת את רוח החדשנות והנחישות המאפיינת את פורסייט, ומהווה השראה לדור הבא של יזמים ומהנדסים בתעשיית ההייטק הישראלית. המשתתפים זכו להדגמות של הטכנולוגיות המתקדמות שלנו וזכו לראות כיצד חזון הופך למציאות. אנו מאמינים ששיתוף הידע עם הדור הבא הוא חלק מהמחויבות שלנו לקידום החדשנות והבטיחות בתעשיית הרכב. Haim Siboni #ForesightAutomotive #givingback #IsraeliTech #TechCommunity

Excited to share that our subsidiary, Eye-Net Mobile has secured a $2.75 million investment at a $45 million pre-money valuation. The deal involves the sale of 5.8% of Eye-Net's ordinary shares to institutional and private investors. It includes antidilution protections and warrant issuances. $2.1 million of the investment has been completed, with the remainder expected to close by March 13, 2025, subject to customary conditions. Eye-Net plans to use the proceeds for working capital and general corporate purposes, supporting its development of 3D perception systems for the automotive industry. This investment underscores the growing importance of advanced driver assistance systems (#ADAS) and vehicle-to-everything (#V2X) communication in shaping the future of automotive safety and autonomy. Link in comments $FRSX #ForesightAutomotive #EyeNet #investorrelations ##InvestmentNews #AutomotiveTech #AutomotiveInvestment #TechFunding

Foresight Integrates NVIDIA Jetson Orin into Perception Tech for Autonomous Drones 🚁💡 We're thrilled to announce the integration of NVIDIA Jetson Orin platforms into our cutting-edge #3Dperception systems. 🔍 This collaboration enhances our technology for autonomous drones and UAVs, delivering superior real-time obstacle detection across challenging environments. The NVIDIA Jetson Orin Nano and AGX Orin platforms offer robust #AI performance and up to 275 TOPS, perfect for complex environments and diverse applications. Our systems now provide unmatched perception capabilities in extreme weather and low visibility. Looking forward to exploring the vast potential of this collaboration in the years to come.

Despite global challenges, Foresight continues to strengthen its strategic expansion and growth in #China. A recent Calcalist כלכליסט article, "Israel-China Tech Ties Persist Amid Political Tensions," explores how Israeli companies, including Foresight Automotive, are successfully navigating this dynamic market. Our Global COO and CEO of #Foresight Automotive Asia, Oren Bar-on, shares how we established a subsidiary in the China-Israel Changzhou Innovation Park (#CICP) with strong government support. This milestone highlights our commitment to global expansion and innovation in #autonomous 3D #stereovision solutions. Check out the full #article >> https://lnkd.in/dmSrhNNc For more information, visit >> www.foresightauto.com #ForesightAuto #AutonomousVehicles #AI #ChinaTech #Innovation #AutomotiveTech #SmartMobility

🚗💡 Revolutionizing Road Safety: Foresight Partners with Japanese Traffic Management Leader 🇯🇵 Excited to announce our development service agreement with a leading Japanese manufacturer of road traffic and hazard management solutions. This collaboration establishes a framework for future project collaborations and commercialization aimed at enhancing road safety and efficiency through innovative 3D perception technology. Our initial focus: real-time vehicle detection on highway entrances. Future projects include advanced stereo camera systems, combining visible-light and long-wave infrared cameras, for enhanced monitoring, even in challenging conditions, creating safer environments for road workers. We believe this agreement will contribute to accelerating our revenue growth in the coming years! Link in comments $FRSX #ForesightAutomotive #RoadSafety #TrafficManagement #3Dperception #AutomotiveInnovation #SmartRoads #ADAS #AutomotiveSafety

Foresight Honored with Innovation Leadership Award at CICP's 10th Anniversary Celebration 🏆🇨🇳🇮🇱 Excited to share that Foresight Automotive has been recognized with the Innovation Leadership Award at the 10th anniversary event of the China Israel Changzhou Innovation Park (CICP) earlier this week. This prestigious award underscores our commitment to driving technological advancements in the automotive industry. Sapphire Liu, Business Development Manager of Foresight China, delivered an inspiring presentation alongside two other representatives. She highlighted our remarkable journey in China, showcasing the significant milestones we've achieved since establishing our presence there. We're grateful to CICP and our Chinese partners and clients for their continued support. As the first overseas subsidiary of Foresight, established in 2021, we're proud to be part of this groundbreaking initiative - the first of its kind jointly established by Israeli and Chinese governments. $FRSX #ChinaIsraelCollaboration #AutomotiveTech #ForesightAutomotive Israel Jiangsu Center מרכז ישראל ג'יאנגסו

#SLAM and #3D mapping are transforming how machines interact with their surroundings. From real-time localization in drones to path planning for autonomous vehicles, these technologies are making autonomy smarter and safer. At Foresight Automotive, we’re committed to delivering #sensor solutions that power this evolution. Discover how SLAM and 3D mapping are shaping industries like automotive, agriculture, and warehouse automation in our latest blog. Read the full #blog here: https://lnkd.in/dkCkmixP #AutonomousTechnology #SLAM #3DMapping #Innovation #ForesightAuto

Eye-Net Mobile Achieves Perfect Safety Score: 100% Success in Euro NCAP Validation Excited to share that our subsidiary, Eye-Net Mobile, has successfully completed Euro NCAP compliance validation through UTAC for its cellular #V2X solution. The validation confirms Eye-Net's technology's capability to detect potential collision risks with sub-20 millisecond response times. The evaluation by UTAC is part of Eye-Net’s collaboration with Software République in its roadmap to deploy Eye-Net's digital services in France. This technical achievement represents a significant milestone in Eye-Net's product development roadmap, potentially opening opportunities for integration with automotive manufacturers and safety system providers. Link in comments $FRSX #V2XTechnology #CV2x #AutomotiveSafety #RoadSafety #ForesightAutomotive #EyeNetMobile

🚀 Milestone Achieved: Foresight Deploys ScaleCam™ Systems to SUNWAY-AI! Proud to announce that Foresight has delivered its first batch of ScaleCam™ systems to SUNWAY-AI in China, marking a significant milestone in our production and commercialization journey. Our advanced #3Dperception technology will power SUNWAY's autonomous logistics and robotic vehicles, enabling safe navigation in complex environments. This successful delivery showcases our robust manufacturing process and efficient supply chain, positioning us for rapid growth in the autonomous vehicle market. Delivering autonomous solutions that push technological boundaries. Link in comments $FRSX #ForesightAutomotive #AutonomousVehicles #AILogistics #ScaleCam #LogisticsInnovation