Benzinga | Nov 15, 2021 11:15AM EST

Foresight Autonomous Holdings Says Co's Eye-Net To Start Pilot Project With Leading European Cellular Service Provider

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. ("Eye-Net" or "Eye-Net Mobile"), will begin a pilot project with a leading European cellular service provider.

The cellular provider will test the software development kit (SDK) configuration and the performance of the Eye-Net Protect cellular-based vehicle-to-everything (V2X) accident prevention solution and intends to demonstrate it to its business partners. Upon successful evaluation, the leading cellular service provider may offer the Eye-Net solution to its customers, including municipalities, as part of its 5G cellular network solutions suite.

"We believe this pilot project indicates a growing interest from cellular companies in Eye-Net's innovative technology, as another European cellular service provider has chosen to evaluate and conduct technological demonstrations of our solution in order to offer it as a use case for 5G cellular networks," said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile. "Our hope is that this pilot will serve as a springboard for offering our solution to smart cities throughout Europe and eventually globally, improving the probability of preventing accidents and saving lives."

The Eye-Net Protect cellular-based V2X solution is designed to protect the most vulnerable road users in real time--including pedestrians, cyclists, scooter drivers and car drivers--by providing collision alerts when the road users have no direct line of sight. Eye-Net Protect is agnostic to cellular infrastructure and seamlessly adapts to the cellular network generation.

For more information about Eye-Net Mobile, please visit www.eyenet-mobile.com, or follow the Company's LinkedIn page, Eye-Net Mobile; Twitter, @EyeNetMobile1; and Instagram channel, Eyenetmobile1, the contents of which are not incorporated into this press release.