Foresight signs Japan ADAS deal with $10.5M revenue potential

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Foresight Moves to Serial Production with $10.5 Million Potential Revenue Pipeline in Japan for ADAS Systems

May 20, 2026 8:26 AM EDT

Revenues are based on a software license model with a high gross margin yield 

NESS ZIONA, Israel, May 20, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (Foresight or the Company), an innovator in 3D perception systems, today announced the signing of a Final Development and Commercialization Agreement with a Japanese in-vehicle AI device manufacturer (the Manufacturer) and Cornes Technologies Limited (Cornes) for the integration and deployment of Foresights proprietary ScaleCam stereoscopic 3D perception software into the Manufacturers flagship in-vehicle AI systems (the Agreement).

The... More