Following successful POC project completion, the parties will develop and commercialize AI tele-operations solutions for heavy machinery to improve safety in hazardous industrial environments.

Ness Ziona, Israel, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ('Foresight” or the 'Company”), an innovator in automotive vision systems, announced today the signing of multi-phase collaboration agreement with BuilderX Inc. ('BuilderX”), a Chinese developer of artificial intelligence (AI) tele-operations equipment for heavy machinery, designed primarily for operation in hazardous industrial and mining environments. BuilderX's products enable real-time remote operation and monitoring of heavy machinery through remote controlled consoles, utilizing multiple cameras mounted on the heavy machinery.