Foresight Autonomous (FRSX) announced that its wholly owned subsidiary, Eye-Net Mobile, announced the successful completion of the first phase of a multi-phase project with SoftBank (SFTBY). SoftBank confirmed the successful completion of the initial phase of the multi-phase project. SoftBank is anticipating Eye-Net’s deployment of its innovative location service within SoftBank’s multi-access edge computing infrastructure. The eventual potential integration of Eye-Net’s location service is expected to significantly improve the field of connectivity and collision prevention. Successful completion of this integration is a prerequisite for the deployment of Eye-Net’s solutions in the Japanese market.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FRSX:
- 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
- Foresight Leverages on Success to Focus on Defense, Industrial Vehicles and Eye-Net Mobile Initiatives in the Short Term
- Foresight receives notice of allowance for 3D image analysis system patent
- Foresight Receives Notice of U.S. Patent Allowance for 3D Image Analysis System and Calibration Technology
