Foresight Autonomous Holdings Ltd. announced that its majority-owned subsidiary, Eye-Net Mobile Ltd. ("Eye-Net"), has advanced its strategic collaboration in Japan with SoftBank Corp. ("SoftBank") to further validate Eye-Net's vehicle-to-everything ("V2X") collision prediction and prevention solutions technology. The joint initiative aims to enhance road safety and operational efficiency by enabling seamless, real-time exchange of location information among surrounding road users.
This development represents a continued collaboration based on the positive results of the proof-of-concept project with SoftBank reported previously by the Company. The parties will work together to tailor the solution to SoftBank's needs and evaluate its potential for introduction into new markets. The collaboration underscores a shared commitment to accelerating the deployment of connected mobility solutions, ultimately contributing to improved situational awareness and reduced traffic-related incidents in Japan and beyond.
