Eye-Net Mobile announces large-scale trial of cellular-based Accident Prevention Solution

Foresight Autonomous Holdings Ltd., an innovator in automotive vision, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd., will conduct in Israel a large-scale trial of its Eye-Net cellular-based accident prevention solution for the first time.

This trial marks the result of two-and-a-half years of development activities, and represents an important milestone for the company as it transitions from technology to product. Thousands of users are expected to participate in the five-day trial, which will take place from July 24th until July 29th, 2019. The trial is open to the general public and is limited to the first 30,000 enrolled participants.

Universal Transportation Solutions Ltd. (Avis Israel franchisee) and the Eldan group, two leading global and local car rental and leasing groups; Trade Mobile, a leading trade-in company of leading car importers in Israel; as well as Shagrir Group Vehicle Services Ltd., a leading Israeli provider of towing and roadside assistance services, have expressed willingness to participate in the trial.

Eye-Net is a cellular-based vehicle-to-everything (V2X) accident prevention solution designed to protect the most vulnerable road users in real time—including pedestrians, cyclists, scooter drivers and car drivers—by providing collision alerts when the road users have no direct line of sight. Eye-Net relies on proprietary, cutting-edge technology, a set of sophisticated algorithms and advanced system architecture, and existing cellular infrastructure.