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”), was one of five winners selected by the Paris2Connect consortium to participate in an urban mobility experiment to take place in Paris’ Urban Innovation District. The Paris2Connect consortium includes Nokia (HEL: NOKIA), ATC France (a subsidiary of American Tower Corporation), Aximum, RATP Group, and Signify N.V. (AMS: LIGHT).
Eye-Net expects to benefit from testing its solution in an operational environment under real conditions along a 3.5-kilometer route in the heart of Paris. The project will test urban solutions that serve citizens while accelerating the development of innovative solutions for the management of public space. Eye-Net will test its collision prediction solution in real-life conditions which is intended to reduce the risk of accidents between micromobility users and public transport systems.
“Eye-Net is honored to have been selected by the Paris2Connect consortium to collaborate with leading European companies to enhance road safety and reduce the rate of road accidents involving vehicles and other vulnerable road users. We believe that Eye-Net offers a unique life-saving accident prevention solution particularly suited to large, active metropolitan areas like Paris. We also believe that having the support of a European technological consortium will help us grow our presence in Europe, an important target market for Eye-Net in the upcoming year,” said Dror Elbaz, COO & Deputy CEO of Eye-Net Mobile.
For more information about Eye-Net Mobile, please visitwww.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.