Business UpdateApr 29, 2026, 09:32 AM
FRSX Eye-Net Signs LOI for Large-Scale V2X Pilot in Manila
AI Summary
Foresight Autonomous Holdings Ltd. announced that its subsidiary, Eye-Net Mobile Ltd., has signed a Letter of Intent (LOI) to conduct a large-scale V2X pilot project. This initiative will take place in the Manila Metropolitan area in the Philippines. The project aims to implement Eye-Net's cellular-based V2X accident prevention solution to enhance road safety.
Key Highlights
- Eye-Net Mobile Ltd., a Foresight subsidiary, signed a Letter of Intent (LOI).
- The LOI is for a large-scale V2X pilot project.
- The pilot project will be conducted in the Manila Metropolitan area, Philippines.
- The project aims to implement Eye-Net's cellular-based V2X accident prevention solution.
- The initiative seeks to enhance road safety in the region.
Price Impact
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