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Foresight: Eye-Net and SoftBank Corp. Advance Strategic Collaboration in Japan

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Parties are collaborating in a multi-phase plan to assess Eye-Net's collision prevention V2X technol...

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AI Summary

Foresight Autonomous Holdings has expanded its partnership with SoftBank to validate Eye-Net's V2X technology, aiming for enhanced road safety and operational efficiency in Japan. This collaboration builds on previous positive results and indicates potential for new market opportunities, which could significantly impact FRSX's growth and market presence.

Sentiment Rationale

The expansion of the partnership can lead to increased revenues and market expansion, similar to past successful tech partnerships that drove stock appreciation.

Trading Thesis

Invest in FRSX for potential short-term gains as partnership developments progress.

Market-Moving

  • Successful validation with SoftBank may lead to increased investor confidence in FRSX.
  • Expansion of V2X technology into additional markets could boost revenue prospects.
  • Improved safety and efficiency metrics from the technology could enhance FRSX’s market share.

Key Facts

  • Foresight partners with SoftBank to enhance V2X technology.
  • Collaboration aims to improve road safety and efficiency in Japan.
  • Positive previous results led to continued partnership discussions.
  • Focus on real-time location data exchange among road users.
  • Potential for new market introductions based on this initiative.

Companies Mentioned

  • SoftBank Corp. (SFTBY): Strategic collaboration enhances FRSX's potential in Asian markets.

Corporate Developments

This news falls under 'Corporate Developments' as it details a strategic partnership that can influence FRSX's operational landscape and market penetration. The collaboration aligns with the growing trend of connected mobility solutions, emphasizing innovation in road safety technology.

Foresight Partners with SoftBank to Enhance V2X Technology in Japan

Ness Ziona, Israel, Jan. 20, 2026 (GLOBE NEWSWIRE) – Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), a leading innovator in automotive vision solutions, has announced a significant advancement in its partnership with SoftBank Corp. This strategic collaboration focuses on validating Eye-Net’s vehicle-to-everything (V2X) collision prediction and prevention technology, aiming to enhance road safety and operational efficiency in Japan.

Overview of the Collaboration

The multi-phase initiative between Foresight and SoftBank seeks to improve road safety by facilitating real-time information exchange among all road users. This strategic effort builds on the positive outcomes of a prior proof-of-concept project with SoftBank, signifying a continued commitment to developing innovative mobility solutions.

Goals and Future Prospects

As part of this collaboration, the two companies will customize the V2X solutions to meet SoftBank's specific needs while evaluating the potential for introducing this technology into new markets. The partnership reflects their dedication to accelerating the deployment of connected mobility solutions, ultimately aiming to increase situational awareness and decrease traffic-related incidents across Japan and beyond.

About Eye-Net's Technology

Eye-Net, a majority-owned subsidiary of Foresight, specializes in next-generation V2X collision prevention solutions. The company utilizes advanced artificial intelligence (AI) technology and cellular networks to deliver real-time pre-collision alerts to all road users. This innovative approach enhances safety for both vehicles and vulnerable road users, representing a significant advance in urban mobility.

Foresight: Leading the Way in Automotive Solutions

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is at the forefront of developing advanced three-dimensional (3D) perception and cellular-based applications. Through subsidiaries, including Foresight Automotive Ltd. and Foresight Changzhou Automotive Ltd., the company offers “in-line-of-sight” and “beyond-line-of-sight” accident-prevention solutions, catering to diverse markets such as automotive, defense, and autonomous driving.

Forward-Looking Statements

This announcement includes forward-looking statements related to the collaboration between Foresight and SoftBank. Terms such as "expects," "anticipates," and "plans" signify such statements. These are subject to various risks and uncertainties, which may cause actual results to differ significantly from those projected. Investors are encouraged to review Foresight’s annual report on Form 20-F and subsequent filings with the Securities and Exchange Commission (SEC) for further insights into risk factors.

Contact Information

For inquiries, please contact Investor Relations:

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