NEW YORK, July 18, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – JGR Capital, an independent equity research firm, distributes an update note on Foresight Autonomous (NASDAQ:FRSX), a development-stage technology company that develops powerful and mature proprietary stereoscopic technology.

The full report can be found here:

Foresight Autonomous (“Foresight,” “FRSX” or the “Company”) is a development-stage technology company that develops stereoscopic technology derived from the field-proven security technology of its major shareholder, Magna BSP. The stereoscopic technology is an image processing concept that uses synchronized cameras to mimic human depth perception and obtain a 3D view. FRSX’s systems create and analyze 3D images to foresee possible collisions in roadway environments while providing real-time alerts with the lowest rates of false alerts. ​The Company’s proprietary stereoscopic and quad-camera technology is based in part on intellectual property that it has transferred from Magna BSP. Magna’s field-proven security technology has been deployed for almost two decades in critical facilities worldwide, including borders, nuclear plants and airports.

In June, the Company announced its first sale of a prototype of its QuadSight system for the semi-autonomous and autonomous vehicle market, which was sooner than expected. Additionally, for the Eye-Net V2X system, the Company completed a successful trial in collaboration with the City of Ashdod and NoTraffic Ltd.

 Key Report Highlights

  • The Company entered into a strategic merger agreement with Tamda for its Eye-Net subsidiary.
  • In late June, the company raised $12.4 million in capital from private placement.
  • Foresight Autonomous announced the first sale of its QuadSight prototype and MoU of sales for the Eyes-On ADAS System.

Disclosures pertaining to this Foresight Autonomous report can be found at

About Foresight Autonomous

Foresight Autonomous is an Israel-based automotive technology company engaged in the design, development, and commercialization of stereo/quad-camera vision systems based on three-dimensional (3D) video analysis, advanced algorithms and artificial intelligence for image processing and sensor fusion. FRSX develops systems for accident prevention, which are designed to provide real-time information about a vehicle’s surroundings while in motion. The Company targets two vertical markets, advanced driver assistance systems (ADAS) and autonomous/semi-autonomous vehicles, with its two key products of Eyes-On and QuadSight respectively. FRSX also develops and owns a cellular-based accident prevention system named Eye-Net. The Company is headquartered in Ness Ziona, Israel.

About JGR Capital

JGR Capital is an independent equity research firm with a focus on small-cap and pre-IPO companies under $2 billion in market cap. JGR Capital leverages a tech-forward approach to help these companies navigate the market by increasing visibility through equity research. With three locations worldwide, JGR Capital offers analyst coverage via a tech-forward, data-driven approach. Because our reports are based on facts, not recommendations, we are a reputable, trusted resource for investors. For more information, visit


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