Foresight Autonomous Signs Proof-Of-Concept Agreement With Zeda Korea To Integrate Foresight’s ScaleCam Visible-Light Stereoscopic Vision System With Zeda’s Applications To Detect Threats

Foresight Autonomous Holdings Ltd Sponsored ADR

Foresight Autonomous Holdings Ltd Sponsored ADR

FRSX

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Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in 3D perception systems, announced today that it entered into a Proof-of-Concept (POC) Agreement (the "POC Agreement") with Zeda Korea Ltd. ("Zeda"), a Korean integrator of specialized road management, bridge inspection, and road safety support equipment. The agreement governs the integration of Foresight’s ScaleCam™ visible-light stereoscopic vision system with Zeda’s various applications for danger-zone intrusion detection and alerting in real-time applications.