PartnershipJul 27, 2026, 08:54 AM
Foresight Signs POC with Zeda Korea for ScaleCam
AI Summary
Foresight Autonomous Holdings Ltd. announced a Proof-of-Concept (POC) Agreement with Zeda Korea Ltd. to integrate its ScaleCam™ visible-light stereoscopic vision system for real-time danger-zone intrusion detection. The three-month POC, if successful, is expected to lead to a Joint Development and Commercialization Agreement in Q4 2026, with potential forecasted revenues of up to $21.5 million between 2027 and 2031. This collaboration further strengthens Foresight's presence in the Asian road safety market.
Key Highlights
- Foresight signed a Proof-of-Concept (POC) Agreement with Zeda Korea Ltd.
- The agreement integrates Foresight’s ScaleCam™ system for danger-zone detection.
- The POC phase is expected to last approximately three months.
- Successful completion aims for a Joint Development and Commercialization Agreement in Q4 2026.
- Potential forecasted revenues of up to $21.5 million from 2027 to 2031.
- Strengthens Foresight's penetration into the Asian road safety market.
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