Foresight Autonomous Holdings reported the signing of a strategic cooperation agreement with Wuhan Guide Infrared Co., a $2.7 billion Chinese corporation traded on the Shenzhen Stock Exchange. According to the agreement, the parties will cooperate in the development, marketing and distribution of Foresight's QuadSight vision system, incorporating Guide Infrared's solutions, to potential customers in Greater China. According to the agreement, Guide Infrared will connect Foresight to the company's network of Chinese vehicle manufacturers (OEMs), Tier One suppliers, and commercial vehicles and heavy machinery customers.

In addition, Guide Infrared will promote the QuadSight system through exhibitions, conferences and technological demonstrations, and will position Foresight as its official business partner and Tier One customer within Greater China. Both companies will cooperate to optimize the performance of Guide Infrared solutions incorporated into Foresight's QuadSight system by developing technical hardware and software solutions to cope with all weather and lighting conditions; and developing optical safety solutions targeting Chinese automotive market requirements.