Foresight Autonomous Holdings (FRSX) announced that Elbit Systems (ESLT) will commercially deploy the Company’s cutting-edge software solution to a key customer in the defense industry, who will install it in its fully autonomous defense vehicles. This marks the first time Foresight’s 3D image processing software will be commercially licensed to one of Elbit’s end-customers. The Company believes this initial commercial deployment will lead to additional orders of software licenses from the same customer in the near future.
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