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Why Foresight Autonomous Holdings Stock Jumped Friday

Author Bio Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead. What happened Shares of Foresight Autonomous Holdings (NASDAQ:FRSX) spiked as much as 18% Friday morning before paring some of those gains. As of 11:30 a.m. EST today, shares were still 12% higher than Thursday s closing price. 

Foresight Autonomous Holdings Ltd : Foresight: Eye-Net Partners with Wunder Mobility to Commercialize Eye-Net s Solution in Mobility Tech Applications

(2) Eye-Net Protect will be available at Wunder Marketplace to micro-mobility and EV operators in more than 900 cities worldwide 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., has signed an agreement with WunderCar Mobility Solutions, a German-based software, vehicles and service provider that enables companies and cities worldwide to launch and scale new mobility services. As the urban use of micro-mobility vehicles such as electric bikes and electric scooters expands, safety solutions for all road users become increasingly important. According to the agreement, Eye-Net will be included in Wunder Mobility s Marketplace online platform and will introduce its Eye-Net Protect accident prevention solution to potential global corporate customers seeking mobility tech-focused applications. Wunder Mobility has partners in more than 900 cities around the globe

Foresight: Eye-Net Partners with Wunder Mobility to Commercialize Eye-Net s Solution in Mobility Tech Applications

Foresight: Eye-Net Partners with Wunder Mobility to Commercialize Eye-Net s Solution in Mobility Tech Applications 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., has signed an agreement with WunderCar Mobility Solutions, a German-based software, vehicles and service provider that enables companies and cities worldwide to launch and scale new mobility services. As the urban use of micro-mobility vehicles such as electric bikes and electric scooters expands, safety solutions for all road users become increasingly important. According to the agreement, Eye-Net will be included in Wunder Mobility s Marketplace online platform and will introduce its Eye-Net™ Protect accident prevention solution to potential global corporate customers seeking mobility tech-focused applications. Wunder Mobility has partners in more than 900 cities around the globe who use its p

FRSX Stock Is a Bet on Autonomous Cars, But Against Lidar

Why Foresight Autonomous Stock Is Surging Today

Shares of Foresight Autonomous Holdings (NASDAQ:FRSX) were trading higher on Friday. The stock is continuing to draw attention from investors after the company said on Wednesday that it has begun a pilot project with a major global automaker.  As of 10:45 a.m. EST today, Foresight s shares were up about 11.6% from Thursday s closing price. So what Foresight is an Israel-based maker of sensor systems for automotive applications, specifically advanced driver-assist systems (ADAS) and prototype autonomous-vehicle programs. The company has two subsidiaries: Foresight Automotive focuses on machine-vision systems for vehicles; the other, Eye-Net Mobile, is working to develop cellular-based V2X (for vehicle-to-everything) connected-car systems. 

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