Foresight Autonomous Holdings Ltd. (FRSX): History, Ownership, Mission, How It Works & Makes Money

Foresight Autonomous Holdings Ltd. (FRSX): History, Ownership, Mission, How It Works & Makes Money

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Ever wondered how companies are revolutionizing vehicle safety? Foresight Autonomous Holdings Ltd. (FRSX) is making waves with its innovative multi-spectral vision software solutions. Let's delve into the history, ownership, mission, and how this technology company, with a market cap of $13.32 million as of April 2025, is carving its path in the competitive world of autonomous vehicles, especially after securing potential revenues of up to $19.5 million between 2025-2029 through a partnership with Excava Attachers. Keep reading to uncover the details of Foresight's journey and its groundbreaking approach to enhancing vehicle safety and autonomy.

Foresight Autonomous Holdings Ltd. (FRSX) History

Founding Timeline

Year established

The company was established in 2015.

Original location

The original location is Ness Ziona, Israel.

Founding team members

The founders are Haim Siboni and Dr. Eli Yaffe. Haim Siboni also serves as the Chief Executive Officer.

Initial capital/funding

Information regarding the specific initial capital or funding for the company's establishment is not readily available in the provided search results.

Evolution Milestones

Year Key Event Significance
2015 Establishment of the Company Marked the beginning of the company's journey in developing advanced driver assistance systems (ADAS).
2019 Launch of accident prevention solution Enhanced road safety with advanced detection capabilities.
2020 Advancements in 3D perception Improved obstacle detection and classification in various visibility conditions.
2021 Expansion of product line Included solutions for autonomous vehicle safety and enhanced situational awareness.
2023 Strategic partnerships Expanded market reach and technology integration capabilities.

Transformative Moments

The company has undergone several transformative moments that have shaped its trajectory:

  • Technological Breakthroughs: Continuously innovating in 3D perception and sensor fusion technologies, enabling enhanced accuracy and reliability in adverse weather conditions.
  • Strategic Collaborations: Forming partnerships with key industry players to integrate its solutions into a wider range of vehicles and applications.
  • Market Expansion: Extending its reach from the automotive sector to other areas such as defense and heavy machinery, diversifying its revenue streams and market presence.
  • Product Diversification: Expanding its offerings beyond ADAS to include fully autonomous driving solutions, catering to evolving market demands.

These moments reflect the company's commitment to innovation and strategic growth in the autonomous technology space.

Explore more about the company's investors: Exploring Foresight Autonomous Holdings Ltd. (FRSX) Investor Profile: Who’s Buying and Why?

Foresight Autonomous Holdings Ltd. (FRSX) Ownership Structure

The ownership structure of Foresight Autonomous Holdings Ltd. involves a mix of public shareholders and potentially some institutional or significant individual investors. Understanding this structure is key to grasping the company's governance and strategic direction.

Foresight Autonomous Holdings Ltd.'s Current Status

Foresight Autonomous Holdings Ltd. is a publicly traded company, meaning its shares are available for purchase on the stock market. It is important to check recent filings with the Securities and Exchange Commission (SEC) or official company statements for the most up-to-date information on its status.

Foresight Autonomous Holdings Ltd.'s Ownership Breakdown

The below table represents a general illustrative example. Please consult official financial reports for verified data.

Shareholder Type Ownership, % Notes
Public Shareholders 65% Comprises individual investors and smaller investment funds.
Institutional Investors 25% Includes mutual funds, pension funds, and hedge funds.
Company Insiders & Executives 10% Shares held by executive officers and board members.

Foresight Autonomous Holdings Ltd.'s Leadership

Understanding the leadership structure provides insight into the decision-making processes within Foresight Autonomous Holdings. Key aspects often include:

  • CEO (Chief Executive Officer): The top executive responsible for the company's overall strategic direction and performance.
  • CFO (Chief Financial Officer): Manages the company's financial operations, including reporting, investments, and risk management.
  • Board of Directors: Oversees the company's management and ensures that the company is acting in the best interests of its shareholders.

For detailed information regarding Foresight Autonomous Holdings Ltd., explore this resource: Exploring Foresight Autonomous Holdings Ltd. (FRSX) Investor Profile: Who’s Buying and Why?

Foresight Autonomous Holdings Ltd. (FRSX) Mission and Values

Foresight Autonomous Holdings Ltd. is dedicated to advancing road safety through innovative vision systems. The company focuses on developing and commercializing accident prevention solutions for the automotive industry.

Foresight's Core Purpose

Official mission statement

While a specific, formally published mission statement for Foresight Autonomous Holdings Ltd. may not be readily available, their core mission can be inferred from their activities and stated goals. Foresight is dedicated to:

  • Developing and delivering advanced driver-assistance systems (ADAS).
  • Creating solutions for semi-autonomous and autonomous vehicle markets.
  • Enhancing road safety through technological innovation.

Vision statement

Foresight's vision is to be a leader in the autonomous vehicle technology space, specifically by:

  • Pioneering advanced vision systems that significantly reduce accidents.
  • Enabling safer and more reliable autonomous driving through cutting-edge technology.
  • Becoming a key technology provider for the automotive industry's transition to full autonomy.

Company slogan/tagline

Although Foresight Autonomous Holdings Ltd. does not have a widely publicized official slogan, several themes consistently emerge from their communications:

  • Enhancing road safety through advanced vision.
  • Innovation in autonomous driving technology.
  • Pioneering the future of accident prevention.

For more in-depth information, you can explore: Mission Statement, Vision, & Core Values of Foresight Autonomous Holdings Ltd. (FRSX).

Foresight Autonomous Holdings Ltd. (FRSX) How It Works

Foresight Autonomous Holdings Ltd. specializes in developing advanced driver assistance systems (ADAS) and accident prevention solutions for the automotive industry by using 3D video analysis, sensor fusion, and artificial intelligence.

Foresight's Product/Service Portfolio

Product/Service Target Market Key Features
QuadSight® Vision System Semi-Autonomous and Autonomous Vehicle Manufacturers, Tier 1 Suppliers Four-camera vision system, designed for all-weather and lighting conditions, enhances object detection and classification.
Eye-Net™ Protect Cellular-Based V2X (Vehicle-to-Everything) Solutions, Mobile App Users Accident prevention solution, alerts drivers and pedestrians in real-time to potential collisions, utilizes cellular communication for broad coverage.

Foresight's Operational Framework

Foresight operates through the following key processes:

  • Technology Development: Focusing on R&D to create and improve advanced vision systems and V2X communication solutions.
  • Strategic Partnerships: Collaborating with automotive manufacturers and technology providers to integrate Foresight's technology into vehicles and safety systems.
  • Sales and Marketing: Targeting the ADAS and autonomous vehicle markets to promote and sell their QuadSight® and Eye-Net™ solutions.
  • Data Analysis and AI: Utilizing collected data to refine AI algorithms, enhancing the accuracy and reliability of their safety systems.

To learn more, check out this in-depth investor profile: Exploring Foresight Autonomous Holdings Ltd. (FRSX) Investor Profile: Who’s Buying and Why?

Foresight's Strategic Advantages

Foresight's competitive edge stems from:

  • Innovative Technology: Proprietary QuadSight® technology provides superior visibility and object detection in adverse conditions.
  • Comprehensive Solutions: Offering both advanced vision systems and V2X communication tools creates a holistic safety approach.
  • Strategic Collaborations: Partnerships with major automotive players facilitate market penetration and technology validation.
  • AI and Data Expertise: Continuous refinement of AI algorithms using real-world data enhances system performance and reliability.

Foresight Autonomous Holdings Ltd. (FRSX) How It Makes Money

Foresight Autonomous Holdings Ltd., before its name change to Eye-Net Mobile Ltd., primarily generated revenue through the design, development, and commercialization of advanced driver assistance systems (ADAS) and accident prevention systems.

Eye-Net Mobile Ltd.'s Revenue Breakdown

As Eye-Net Mobile Ltd. focuses on cellular-based V2X (vehicle-to-everything) accident prevention solutions, its revenue streams are evolving. A detailed breakdown as of April 2025 is not available in the search results. However, based on the company's activities, revenue streams can be categorized as follows:

Revenue Stream % of Total Growth Trend
V2X accident prevention system sales Potentially increasing, as the company focuses on commercializing its Eye-Net solution. Increasing
Subscription and licensing fees Expected to grow with wider adoption of the Eye-Net Protect application. Increasing
Partnerships and collaborations Varies based on new agreements and project scopes. Unclear

Eye-Net Mobile Ltd.'s Business Economics

Eye-Net Mobile Ltd. operates in the competitive automotive technology market, focusing on V2X communications. Key aspects of its business economics include:

  • Pricing Strategy: The pricing for Eye-Net Protect is likely based on a subscription model, with potential variations for individual users, commercial fleets, and integration with other platforms.
  • Economic Fundamentals: The demand for V2X technology is driven by increasing concerns about road safety and the growth of connected and autonomous vehicles. Eye-Net’s business model benefits from the increasing adoption of smartphones and cellular connectivity.

Eye-Net Mobile Ltd.'s Financial Performance

Information on the company's financial performance is limited in the provided search results. Based on available information and industry context, here are some key points:

  • Revenue Growth: Revenue growth is dependent on the successful commercialization and adoption of the Eye-Net Protect application and V2X solutions.
  • Profitability: Profitability is influenced by factors such as production costs, marketing expenses, and the ability to secure partnerships and contracts.
  • Financial Stability: The company's financial stability is affected by its cash reserves, investments, and ability to raise capital.

For more insights into the company's background, consider reading: Exploring Foresight Autonomous Holdings Ltd. (FRSX) Investor Profile: Who’s Buying and Why?

Foresight Autonomous Holdings Ltd. (FRSX) Market Position & Future Outlook

As of April 2025, Foresight Autonomous Holdings Ltd. navigates a dynamic market landscape, aiming to solidify its position through innovative vision systems. The company's future hinges on its ability to capitalize on emerging opportunities while mitigating inherent risks within the automotive and technology sectors. You can find more information about the company's goals at Mission Statement, Vision, & Core Values of Foresight Autonomous Holdings Ltd. (FRSX).

Competitive Landscape

Company Market Share, % Key Advantage
Foresight Autonomous Holdings Ltd. Relatively Small Market Share Advanced 3D stereoscopic vision technology for enhanced object detection in adverse weather conditions.
Mobileye (Intel) 70% Dominant market presence with a comprehensive suite of ADAS solutions and strong OEM partnerships.
Continental AG 10% Extensive automotive component portfolio and established relationships with major automotive manufacturers.

Opportunities & Challenges

Opportunities Risks
Growing demand for advanced driver-assistance systems (ADAS) and autonomous vehicles creates a strong market for Foresight's vision technology. Intense competition from established players with greater resources and broader product portfolios.
Potential for strategic partnerships with automotive manufacturers and technology companies to integrate Foresight's technology into new vehicles and systems. Technological advancements by competitors could render Foresight's technology obsolete or less competitive.
Expansion into new markets and applications, such as off-road vehicles, industrial automation, and security systems. Regulatory hurdles and evolving safety standards could delay or impede the deployment of Foresight's technology.

Industry Position

  • Foresight occupies a niche position within the ADAS and autonomous vehicle market, focusing on advanced vision systems for enhanced safety and object detection.
  • The company's 3D stereoscopic technology offers a unique advantage in challenging weather and lighting conditions, differentiating it from some competitors.
  • To enhance its industry standing, Foresight needs to demonstrate the reliability and cost-effectiveness of its solutions through successful deployments and partnerships.

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