Foresight Autonomous Holdings (FRSX) that its wholly owned subsidiary, Eye-Net Mobil, has signed an agreement to join Software Republique. Eye-Net will join the ecosystem of partners through Software Republique’s incubation program. Software Republique is a European innovation ecosystem for intelligent, secure, and sustainable mobility, founded by Dassault Systemes (DASTY), Eviden, Orange S.A. (ORAN), Renault Group (RNLSY), STMicroelectronics (STM) and Thales Group (THLLY). Eye-Net was selected to join the Incubation Program for a project that will deliver an accessible vehicle-to-everything road safety solution for all road users. Software Republique aims to complete the project by 2024, that includes a proof-of-concept in France. Furthermore, with the support of the Incubation Program, Eye-Net’s solution has the potential for commercial deployment across multiple European cities, which, if realized, is set to commence in the beginning of 2025.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on FRSX:
- Foresight: Eye-Net Selected by European Software République Consortium to Take Part in the Road Safety Revolution
- Is FRSX a Buy, Before Earnings?
- Foresight Autonomous announces completion of first phase project with SoftBank
- Foresight: Eye-Net and SoftBank Corp. Successfully Complete First Phase of Cross-Collision Prevention V2X Project in Japan
- Foresight Autonomous provides update on current position, business roadmap
