Foresight Autonomous Holdings Says Co’s Eye-Net To Start Pilot Project With Leading European Cellular Service Provider

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. ("Eye-Net" or "Eye-Net

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), will begin a pilot project with a leading European cellular service provider.

The cellular provider will test the software development kit (SDK) configuration and the performance of the Eye-Net Protect cellular-based vehicle-to-everything (V2X) accident prevention solution and intends to demonstrate it to its business partners. Upon successful evaluation, the leading cellular service provider may offer the Eye-Net solution to its customers, including municipalities, as part of its 5G cellular network solutions suite.

“We believe this pilot project indicates a growing interest from cellular companies in Eye-Net’s innovative technology, as another European cellular service provider has chosen to evaluate and conduct technological demonstrations of our solution in order to offer it as a use case for 5G cellular networks,” said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. “Our hope is that this pilot will serve as a springboard for offering our solution to smart cities throughout Europe and eventually globally, improving the probability of preventing accidents and saving lives.”

The Eye-Net Protect cellular-based V2X solution is designed to protect the most vulnerable road users in real time—including pedestrians, cyclists, scooter drivers and car drivers—by providing collision alerts when the road users have no direct line of sight. Eye-Net Protect is agnostic to cellular infrastructure and seamlessly adapts to the cellular network generation.

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

Total
0
Shares
Related Posts