Thread by @Folken911

Part 2 $FRSX April 2019,#FRSX received a notice of allowance for its 1st patent application:
It involves a running vehicle alerting system which detects traffic lights or traffic signs. The system generates a collision avoiding alert signal when the distance to these lights or 👇

signs is shorter than a threshold safe braking distance in order to avoid endangering other vehicles and pedestrians.This patent combines features of QuadSight vision system with Eye-Net Mobile’s cellular-based V2X accident prevention solution.
Full here : mediafire.com/file/3xgjdy6yd…

In May 2019, FRSX sign exclusive agreement with Cornes Technologies (CTL) in Japan market !🔥
Cornes Technologies will have exclusive rights to promote and sell Foresight’s QuadSight system in Japan. CTL establishing & developing commercial & trade between Japan and rest of the🌍

- CTL is a big name in the industry, look at it, the holdings is in Japan but they got a subsidiary in US
cornestech.com/cornes-technol…
cornestech.com/background/
They have plenty of companies in the group, but two are quite interesting here👉 Cornes Motors 🔥
cornesmotors.com

- And E&C Engineering K.K.
They got a lot of products related to automotive and aerospace/defense (Not forgot 5G, we know that 5G will be linked in the future👀)
ece.co.jp/en/products/
From OICA stat, Japan is the 3rd larger vehicle manufacturer in the🌍
oica.net/wp-content/upl…

June 2019, Forensight signs a commercial agreement with Elbit systems.
Elbit Systems designs, develops and supplies integrated defense systems. The Company also develops, manufactures, markets and supports military electronic systems and products.👇
bloomberg.com/profile/compan…

"This commercial agreement follows a successful evaluation of the QuadSight system prototype purchased by Elbit on March 4, 2019. Elbit thoroughly tested the QuadSight system in comparison with other solutions and chose it for its outstanding performance."

Few days later, FRSX announced the signing of a multi-phase technological cooperation agreement with a Chinese Tier One supplier to develop smart mobility solutions for the Chinese automotive industry, and specifically for two Chinese OEMs.
(China 1st car maker in the 🌍)

Mid july, they received 2 big contracts (US & Japan)
- Japan = The prototype system was ordered by a leading Japanese Tier One automotive supplier. Revenue from the prototype system sale is expected to total tens of thousands of dollars. 👀
(Japan 3rd largest manufacturer🌍)

- US = The prototype system was ordered by the American subsidiary of a leading global Tier One automotive supplier. Revenue from the prototype system sale is expected to total tens of thousands of dollars. 👀
(US is the 2nd largest manufacturer in the 🌍)

Let me make this clear, they got OEM and Tier one automotive supplier from all the big markets (China,US,Japan, and they got some contrats in EU)
IT's fucking HUGEEEEEE !!! 🔥🔥🔥🔥

September 2019, Foresight announced the signing of a strategic cooperation agreement with Wuhan Guide Infrared Co Ltd. Guide Infrared through its subsidiary Global Sensor Technology, develops, manufactures and markets infrared thermal imaging systems. 👇

The parties will cooperate in the development, marketing and distribution of QuadSight, incorporating Guide Infrared’s solutions, to potential customers in Greater China. For the purposes of such cooperation, the parties will consider establishing a JV in China👇

Leveraging each party’s competitive strengths. The parties intend to determine other material terms of collaboration in a future agreement. Furthermore, pursuant to the agreement, Guide Infrared will consider a strategic investment in Foresight.
guideinfrared.com

Do you remember one month ago?🤔
"Foresight to Enable Mass Screening for Detection of COVID-19 Pandemic Symptoms Using Thermal Cameras and Artificial Intelligence Expertise"

https://twitter.com/ForesightAuto1/status/1274991757185486848

End of 2019, Foresight announced an additional sale of its QuadSight. The system was ordered by the American division of a leading South Korean vehicle manufacturer. Revenue of the sale is expected to total tens of thousands of dollars.
bloomberg.com/press-releases…

In 2020 now, they were in the CES to show the significant advanced features that they added for its four-camera QuadSight vision system +
Eye-Net Mobile will present the SDK configuration of its Eye-Net Protect accident prevention solution for the first time at CES 2020

February 2020, FRSX announced an additional sale of it's QuadSight. The prototype system was ordered by one of the top global vehicle manufacturers -a multi-billion dollar Japanese company.
businesswire.com/news/home/2020…

Late march, Eye-Net Mobile Ltd., has signed a collaboration agreement with NoTraffic Ltd. NoTraffic developed a proprietary ATMP solution that solves today’s traffic challenges while unlocking mobility benefits for traffic agencies👇
notraffic.tech

"The platform enables cities for the 1st time to intelligently implement their traffic policy in a seamless way and operate autonomously in order to maximize traffic flow, reduce congestion, prioritize different types of vehicles, and prevent accidents."

"Following the completion of joint development, the companies will promote integration & commercialization of the combined solution with various municipalities in North America and throughout the world.The commercialization terms & conditions will be agreed upon in the future"🔥

April, Forensight and Flir announced a ground breaking agreement with FLIR Systems Inc. FLIR is the world’s largest and leading commercial company specializing in the design and production of thermal imaging cameras, components, and imaging sensors.
flir.com

According to the agreement, the parties will establish a strategic cooperation plan for the development, marketing and distribution of Foresight’s QuadSight, combined with FLIR Systems’ infrared cameras, to a wide range of prospective customers.

FRSX will exclusively purchase its thermal cameras from FLIR for all systems to be commercialized worldwide
Foresight will include the FLIR brand on its products. Current “Thermal By FLIR” partners include Panasonic, Bullitt Group, Blackview and other multinational companies. 👀

END of part2 @yatesinvesting @KamBigStocks @StockLizardKing @RealtorStarShar @ProfessorFinte1 @TheLioncom @StanTradingMan

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