Foresight: Eye-Net Partners with Industry Leaders to Transform Urban Mobility and Road Safety Across Europe
Foresight Autonomous Holdings (NASDAQ: FRSX) announced that its subsidiary, Eye-Net Mobile, has partnered with Software République, a consortium of global industry leaders, to integrate and test its vehicle-to-everything (V2X) collision avoidance solution in Europe. The collaboration, initially announced on November 27, 2024, will focus on deploying Eye-Net's technology in Bordeaux, France.
The project involves real-time field testing in controlled environments before expanding across the Bordeaux metropolitan area. Upon successful implementation, the solution could be deployed in dozens of European cities. The partnership includes major industry players such as Renault Group, Dassault Systèmes, Orange, Eviden, STMicroelectronics, and Thales Group, along with other stakeholders like Allianz IARD and Bordeaux University.
Eye-Net's V2X technology provides real-time alerts to protect road users within a connected ecosystem, aiming to create safer urban environments for drivers, pedestrians, and cyclists.
Foresight Autonomous Holdings (NASDAQ: FRSX) ha annunciato che la sua sussidiaria, Eye-Net Mobile, ha stretto una partnership con Software République, un consorzio di leader del settore a livello globale, per integrare e testare la sua soluzione di prevenzione delle collisioni veicolo-a-tutto (V2X) in Europa. La collaborazione, annunciata inizialmente il 27 novembre 2024, si concentrerà sul dispiegamento della tecnologia di Eye-Net a Bordeaux, Francia.
Il progetto prevede test sul campo in tempo reale in ambienti controllati prima di espandersi nell'area metropolitana di Bordeaux. Una volta implementata con successo, la soluzione potrebbe essere dispiegata in decine di città europee. La partnership include importanti attori del settore come Renault Group, Dassault Systèmes, Orange, Eviden, STMicroelectronics e Thales Group, insieme ad altri soggetti interessati come Allianz IARD e l'Università di Bordeaux.
La tecnologia V2X di Eye-Net fornisce avvisi in tempo reale per proteggere gli utenti della strada all'interno di un ecosistema connesso, con l'obiettivo di creare ambienti urbani più sicuri per conducenti, pedoni e ciclisti.
Foresight Autonomous Holdings (NASDAQ: FRSX) anunció que su filial, Eye-Net Mobile, se ha asociado con Software République, un consorcio de líderes de la industria a nivel global, para integrar y probar su solución de prevención de colisiones vehículo-a-todo (V2X) en Europa. La colaboración, anunciada inicialmente el 27 de noviembre de 2024, se centrará en implementar la tecnología de Eye-Net en Burdeos, Francia.
El proyecto implica pruebas en tiempo real en entornos controlados antes de expandirse por toda el área metropolitana de Burdeos. Una vez implementada con éxito, la solución podría desplegarse en decenas de ciudades europeas. La asociación incluye a importantes actores de la industria como Renault Group, Dassault Systèmes, Orange, Eviden, STMicroelectronics y Thales Group, junto con otros interesados como Allianz IARD y la Universidad de Burdeos.
La tecnología V2X de Eye-Net proporciona alertas en tiempo real para proteger a los usuarios de la carretera dentro de un ecosistema conectado, con el objetivo de crear entornos urbanos más seguros para conductores, peatones y ciclistas.
포리사이트 오토노머스 홀딩스 (NASDAQ: FRSX)는 자회사인 아이넷 모빌이 글로벌 산업 리더들로 구성된 컨소시엄인 소프트웨어 리퍼블리크와 협력하여 유럽에서 차량-모든 것(V2X) 충돌 회피 솔루션을 통합하고 테스트한다고 발표했습니다. 이 협력은 2024년 11월 27일에 처음 발표되었으며, 프랑스 보르도에서 아이넷의 기술 배포에 초점을 맞출 것입니다.
이 프로젝트는 보르도 대도시 지역으로 확대하기 전에 통제된 환경에서 실시간 필드 테스트를 포함합니다. 성공적인 구현 후, 이 솔루션은 수십 개의 유럽 도시에서 배포될 수 있습니다. 이 파트너십에는 르노 그룹, 다소 솔루션, 오렌지, 에비든, ST마이크로일렉트로닉스, 탈레스 그룹과 같은 주요 산업 선수들과 알리안즈 IARD 및 보르도 대학교와 같은 다른 이해관계자들이 포함됩니다.
아이넷의 V2X 기술은 연결된 생태계 내에서 도로 사용자를 보호하기 위해 실시간 경고를 제공하여 운전자가, 보행자 및 자전거 이용자를 위한 더 안전한 도시 환경을 조성하는 것을 목표로 합니다.
Foresight Autonomous Holdings (NASDAQ: FRSX) a annoncé que sa filiale, Eye-Net Mobile, s'est associée à Software République, un consortium de leaders industriels mondiaux, pour intégrer et tester sa solution de prévention des collisions véhicule-à-tout (V2X) en Europe. La collaboration, annoncée initialement le 27 novembre 2024, sera axée sur le déploiement de la technologie d'Eye-Net à Bordeaux, France.
Le projet implique des tests en temps réel sur le terrain dans des environnements contrôlés avant de s'étendre à la région métropolitaine de Bordeaux. Une fois mise en œuvre avec succès, la solution pourrait être déployée dans des dizaines de villes européennes. Le partenariat comprend des acteurs majeurs de l'industrie tels que le groupe Renault, Dassault Systèmes, Orange, Eviden, STMicroelectronics et le groupe Thales, ainsi que d'autres parties prenantes comme Allianz IARD et l'université de Bordeaux.
La technologie V2X d'Eye-Net fournit des alertes en temps réel pour protéger les usagers de la route au sein d'un écosystème connecté, visant à créer des environnements urbains plus sûrs pour les conducteurs, les piétons et les cyclistes.
Foresight Autonomous Holdings (NASDAQ: FRSX) gab bekannt, dass ihre Tochtergesellschaft, Eye-Net Mobile, sich mit Software République, einem Konsortium von globalen Branchenführern, zusammengeschlossen hat, um ihre Fahrzeug-zu-alles (V2X) Kollisionsvermeidungslösung in Europa zu integrieren und zu testen. Die Zusammenarbeit, die ursprünglich am 27. November 2024 angekündigt wurde, konzentriert sich auf die Einführung der Technologie von Eye-Net in Bordeaux, Frankreich.
Das Projekt beinhaltet Echtzeit-Feldtests in kontrollierten Umgebungen, bevor es auf die Metropolregion Bordeaux ausgeweitet wird. Bei erfolgreicher Implementierung könnte die Lösung in mehreren europäischen Städten ausgerollt werden. Die Partnerschaft umfasst bedeutende Akteure der Branche wie die Renault-Gruppe, Dassault Systèmes, Orange, Eviden, STMicroelectronics und Thales Group, sowie andere Interessengruppen wie Allianz IARD und die Universität Bordeaux.
Die V2X-Technologie von Eye-Net bietet Echtzeitwarnungen, um Verkehrsteilnehmer innerhalb eines vernetzten Ökosystems zu schützen und zielt darauf ab, sicherere städtische Umgebungen für Autofahrer, Fußgänger und Radfahrer zu schaffen.
- Strategic partnership with major European industry leaders including Renault Group, Orange, and Thales Group
- Potential for expansion to dozens of European cities following successful implementation
- Integration into Bordeaux's metropolitan mobility transformation plan indicates market validation
- Initial deployment to controlled environments with no guaranteed timeline for wider implementation
- Success dependent on multiple stakeholders and complex integration requirements
Insights
This strategic partnership represents a pivotal market entry opportunity for Eye-Net Mobile into Europe's burgeoning V2X technology sector. The collaboration with Software République's powerhouse members - including Renault Group, Orange S.A. and STMicroelectronics - provides immediate access to established distribution channels and technical expertise essential for rapid market penetration.
The multi-phase implementation strategy in Bordeaux serves as a important proof-of-concept that could accelerate adoption across European cities. The involvement of diverse stakeholders, from automotive manufacturers to telecommunications providers, suggests a comprehensive approach to market integration that addresses both technical and commercial challenges.
Several key factors enhance the partnership's potential impact:
- Integration with Renault's vehicle ecosystem could provide immediate scale and visibility
- Orange's telecommunications infrastructure offers robust connectivity essential for V2X technology
- STMicroelectronics' hardware expertise can optimize system performance and reliability
- The Bordeaux metropolitan test bed provides real-world validation opportunities
However, investors should note that successful commercialization depends on several factors:
- Technical validation in real-world conditions
- Regulatory approval across different European jurisdictions
- Integration with existing urban infrastructure
- Market adoption by both public and private sector stakeholders
The partnership's strategic value lies in its potential to establish Eye-Net as a leading provider of V2X solutions in Europe's smart mobility sector, which could significantly expand the company's market reach and revenue potential. The involvement of major industry players adds credibility and reduces market entry barriers, though the timeline to meaningful revenue generation may be extended due to the complex nature of urban infrastructure projects.
Ness Ziona, Israel, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator 3D perception systems, announced that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net” or “Eye-Net Mobile”), entered into a groundbreaking collaboration with Software République, a consortium of global industry leaders, to integrate and test Eye-Net’s vehicle-to-everything (“V2X”) collision avoidance solution. This collaboration represents a significant step toward redefining urban mobility and road safety across Europe.
Eye-Net offers a collision-avoidance solution designed to protect road users within a connected ecosystem that provides real-time alerts and information to all road users to create a safer and more predictable road environment.
The collaboration, originally announced on November 27, 2024, focuses on deploying Eye-Net’s advanced digital services in the metropolitan area of Bordeaux, France, as part of Bordeaux Métropole’s comprehensive urban mobility transformation. With Software République’s powerhouse founders, including Renault Group, Dassault Systèmes SE, Orange S.A., Eviden, STMicroelectronics N.V, and Thales Group, alongside other prominent partners, this initiative aims to create safer and more efficient transportation systems, leveraging cutting-edge connected technology.
A Blueprint for Europe-Wide Expansion
The project is a multi-phase initiative that begins with real-time field testing of Eye-Net’s V2X technology in controlled environments. Upon successful evaluation, the solution is set to be deployed across the Bordeaux metropolitan area and could expand to dozens of European cities, enabling widespread commercial adoption.
This agreement aligns with Bordeaux Metropole’s comprehensive mobility plan to promote sustainability, safety, and efficiency in urban transportation. Eye-Net’s technology plays a critical role in connecting road users in real time, providing alerts that reduce non-line-of-sight collisions and create safer urban environments for drivers, pedestrians, and cyclists.
Strategic Collaboration with Visionary Partners
The agreement includes collaboration with a range of industry leaders and public mobility stakeholders, such as Allianz IARD, Bordeaux University, Keolis Bordeaux Métropole Mobilités, and others. This unified approach ensures robust testing and integration of Eye-Net’s technology, demonstrating its ability to address the diverse challenges of modern urban mobility.
Leadership in European Mobility Innovation
“This collaboration positions Eye-Net at the forefront of Europe’s urban mobility transformation,” said Dror Elbaz, Chief Executive office of Eye-Net. “By collaborating with Software République and integrating our cutting-edge V2X solution into real-world applications, we are advancing road safety and paving the way for significant commercial penetration across the European market. This is a breakthrough that can redefine connected transportation and protect millions of road users.”
The Future of Urban Mobility Starts Here
Eye-Net’s V2X technology leverages real-time communication between vehicles and their surroundings to enable smarter, safer, and more predictable transportation systems. With its scalable approach, the collaboration in Bordeaux is poised to act as a launchpad for a Europe-wide revolution in road safety and connected mobility.
For more information about Eye-Net Mobile, please visit 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 Software République
The Software République is an open innovation ecosystem dedicated to intelligent, secure, and sustainable mobility. It was founded in April 2021 by six founding members: Dassault Systèmes SE, Eviden, Orange S.A., Renault Group, STMicroelectronics N.V and Thales Group. In March 2024, JC Decaux joined the ecosystem.
The Software République builds collective businesses focused on the future of mobility through its unique horizontal collaboration model. The ecosystem stands out for its innovative approach, combining established companies and start-ups from different backgrounds to bring to market products and services that meet the new challenges of the connected vehicle, the smart city and energy. These projects are based on the complementary expertise of its partners in data analysis, artificial intelligence, cybersecurity, connectivity, and digital twins, and on the ambition to invent a new model of innovation while keeping people and the environment at the heart of its motivations.
For more information about Software République: https://softwarerepublique.eu/
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 point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles, and heavy industrial equipment. Eye-Net Mobile’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 www.foresightauto.com, follow @ForesightAuto1 on 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 belief that this collaboration represents a significant step toward redefining urban mobility and road safety across Europe, the aims of the initiative, the belief that upon successful evaluation, the V2X solution may be deployed across the Bordeaux metropolitan area and could expand to dozens of European cities, enabling widespread commercial adoption, the belief that this agreement aligns with Bordeaux Metropole’s comprehensive mobility plan to promote sustainability, safety, and efficiency in urban transportation, the belief that the collaboration ensures robust testing and integration of Eye-Net’s technology, which demonstrates an ability to address the diverse challenges of modern urban mobility, the belief that this collaboration positions Eye-Net at the forefront of Europe’s urban mobility transformation, the belief that this collaboration advances road safety and paves the way for significant commercial penetration across the European market, the belief that this collaboration is a breakthrough that can redefine connected transportation and protect millions of road users, and the belief that the collaboration in Bordeaux is poised to act as a launchpad for a Europe-wide revolution in road safety and connected mobility. 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
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