4. Continue Reading for Our Disclosure Notice... Haim Siboni, CEO Mr. Haim Siboni Mr. Siboni is the founder of Foresight and has served as Foresight’s Chief Executive Officer and Director since December 2015. Mr. Siboni, a passionate entrepreneur, has extensive Marketing and Business Management experience in the fields of electronics, video, TV, multimedia, computerizes systems, line and wireless telecommunication, design and development of systems and devices, including electro-optic radar systems. Mr. Siboni is also the founder & CEO of Magna B.S.P, a leading innovator in the field of homeland security surveillance solutions. Eli Yoresh, CFO Mr. Yoresh Mr. Yorseh is a seasoned executive with over 15 years of executive and financial management experience, mainly with companies from the financial, technology and industrial sectors. Prior to joining Foresight, Mr. Yoresh served as the CEO of Tomcar Global Holdings Ltd. Mr. Yoresh holds a BA in Management and Accounting and MA in Law studies. Levy Zruya, Chief Technology Officer Mr. Levy Zruya has served as our Chief Technology Officer since January 2019. Mr. Zruya is also the co-founder and Chief Technology Officer of Magna B.S.P Ltd., Foresight’s major shareholder. Mr. Zruya has extensive experience in the fields of electro-optics, electronics, software and communication, and was closely involved in several projects with the IDF and Israel Aerospace Industries (IAI), dealing with night vision systems, IR sensor simulations and target detection. Mr. Zruya holds a B.SC. in Engineering from the Technion - Israel Institute of Technology. Doron Cohadier, VP Business Development Mr. Doron Cohadier is an entrepreneurial, highly motivated, strategic Business Development VP with managerial experience in large global companies. In addition, Mr. Cohadier has held a rich variety of senior managerial positions ranging from Project Management, Supply Chain Management and Logistics, topped with the relevant educational background (BSc in Engineering, followed by an Executive MBA). David Lempert, VP R&D Mr. David Lempert has over 12 years of research and development global project management. From 2014 to 2017, Mr. Lempert served as the chief executive officer and co-founder of Led-Swim Ltd. a start-up company developing technology for swimming workout monitoring. From 2012 to 2014 Mr. Lempert served as project manager and QA team leader in IronSource Ltd. an advertising technology company focuses on developing technologies for app monetization. Mr. Lempert holds a B.Sc. in Computer Science from the MLA college in Israel and an MBA in Financing and Risk Management. Oren Bar-On, VP Operations & Business Strategy Mr. Oren Bar-On has more than 15 years of executive experience in the fields of Global Operations, Supply Chain, Business Excellence and Information Technology. Mr. Bar-On has served in various global management positions in high growth public companies and has been responsible for the management and execution of Supply Chain and Manufacturing best practices. Oren holds a BSC in Industrial Engineering Management and an MBA (graduated with Honors).
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2. Go-to-Market Stra tegy To date, the Firm has sold and delivered 14 prototype systems . To boost sales and visibility, Foresight is organizing technological demonstrations where they demonstrate the QuadSight system’s capabilities under real-world conditions to auto OEMs and Tier One suppliers on the customers’ premises. To date, Foresight has performed technological demonstrations in the United States, Europe, and the Far East. Foresights Automatic Calibration software, allows the flexible placement of sensors while improving detection capabilities to hundreds of meters with greater detection accuracy. In addition, this solution is suitable for different levels of autonomy and can be deployed even on vehicles equipped with level 1 or level 2 autonomy levels, as well as within existing vehicles equipped with stereo vision sensors. The Company has also developed “evaluation kits,” which are essentially QuadSight prototypes (i.e., 2 pairs of stereo visible-light cameras and long-wave infrared (IR) cameras running on a PC) that allow potential customers to test Foresight’s technology under real-world conditions. Flexibility and Tailored Solutions: Depth Map Visible Cams Any Object Detection (Classified or Unclassified) Partners and Customers: Technology — Foresight’s powerful and mature proprietary stereoscopic technology is derived from its major shareholder Magna B.S.P’s field-proven security technology that has been deployed worldwide fo r almost two decades and is IP-protected by patents. Commercialization — Foresight continues to seek and sign commercial agreements with companies and countries worldwide. In June 2019, Foresight signed a first commercial agreement with Elbit Systems Ltd. to integrate Foresight’s image processing software into its products, systems and solutions. Product Pipeline — Foresight’s revolutionary QuadSight® vision system, and Eye-Net Mobile’s cellular- based V2X accident prevention solution Industry Recognition — Foresight received the BIG Innovation Award in 2020, the Edison Gold and CES Innovation Awards in 2019, and the TechCode Award in 2018, affirming the company’s status and technology as among the world’s best. Management — Foresight’s executive team brings extensive experience in developing innovative technological solutions in a variety of industry sectors in addition to leading small-cap companies and larger organizations. Focus on Safety — Safety is the foundation of Foresight’s vision. The safety vision is realized through QuadSight and Eye-Net in the automotive world, and through a 19% holding in Rail Vision – a leading provider of cognitive vision sensor technology to increase safety in the railway industry In A Nut-Shell Continue Reading for Recent News , Management Background and Our Disclosure ...
3. Continue Reading for Management Background & Our Disclosure ... Recent News • FRSX prototype sale to leading Japanese Agriculture and Heavy Equipment Manufacturer • Foresight Enters Drone Market w/ Wonder Robotics • Foresight Completes first phase of POC project w/ European Vehicle Manufacturer • Foresight Begins POC w/ Chinese Vehicle Manufacturer • Chery, Foresight, Guide Infrared Sign MOU For Business Cooperation; Chery To Consider Strategic Investment In Foresight • Foresight Received Notice of U.S. Patent Allowance for All Weather and Lighting Conditions Vision System • Foresight: Eye-Net Launches 4th Pilot Project With Multinational Japanese Company • Foresight: Eye-Net to Start Pilot Project With V-tron for European Fleets • Foresight chose by leading EU car manufacturer for joint POC project • Foresight expands presence in the autonomous agricultural equipment market with its Quadsight prototype sale. • Foresight to present at Sidoti Virtual investor conference • FRSX- Eye-Net to pursue potential Nasdaq listing • Foresight Chosen by Leading European Car Manufacturer for Joint POC Project • Railvision files draft prospectus for IPO • Railvision sign agreement to supply a prototype to Rio Tinto Railway Network (Australia) • Eye-Net Signs Commercial Agreement with SaverOne to Integrate and Commercialize Eye- Net Protect: • Eye-Net Conducts Technological Demonstrations with Multinational European Cellular Provider Over 5G Network: • Eye-Net Partners with Wunder Mobility to Commercialize Eye-Net Solution in Mobility Tech Applications • Foresight Receives Chinese Patent Notice of Allowance: • Foresight Exhibits at CES 2021 Virtual Conference: • Foresight: Eye-Net Partners with WebSIA for Exclusive Distribution in Sao Paulo, Brazil • Foresight Engages Leading Global Manufacturer of Automotive Stereo Vision Systems for QuadSight® Sale Market Traction (so far): First commercial agreement with Elbit System 14 Prototype kits delivered to OEM/Tier 1’sworldwide Dozens of leads with OEMs/Tier 1’s First paid POC with leading European OEM Strategic cooperation agreements with key industry players Investor Presentation:
1. AMP Quick Facts Foresight Autonomous Holdings (NASDAQ: FRSX ) November 2021 Nasdaq: FRSX Price: $ 3.09 Date: 10/27/2021 Fiscal Year: 12/31 MKT Cap: ~ 1.99.73 M C.O.H*: ~ 52.3 M Institutional Ownership: ~ 11.85 % Inside Ownership: ~N/A% S/O*: ~ 64.53 M Float: ~ 57.33 M AVG Vol.: ~ 1.39 M For More Information Please Call : Victor Rios 941.208.3923 Foresight Autonomous Holdings (NASDAQ and TASE: FRSX) , is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Foresight Autonomous Holdings, has two wholly owned subsidiaries, Foresight Automotive Ltd . and Eye-Net Mobile Ltd. Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident prevention solutions. Company Highlights : Foresight’s vision solutions include : modules of a utomatic calibration, sensor fusion and dense 3D point cloud that can be applied to diverse markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides: real-time (pre-collision) alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. Quadsight: • Foresight Automotive’s breakthrough QuadSight system sets a new bar for autonomous vehicle vision – it features near 100% obstacle detection with near zero false alerts, under all weather and lighting conditions ( including: complete darkness, rain, haze, fog, and glare ). • The QuadSight system (a first of its kind, quad-camera multi- spectral vision solution), is driven by advanced and proven image processing algorithms . The system is a seamless fusion of 4 cameras – 2 sets of stereoscopic long-wave infrared (thermal) and visible-light cameras , enabling highly accurate and reliable obstacle detection. • Foresight has developed a groundbreaking automatic calibration software solution designed to ensure that the sensors remain calibrated regardless of their configuration or position on a vehicle. Industry: "Industrial & Consumer Technology" The QuadSight system is tested in different predefined scenarios on the customer premises. To date, the system has successfully achieved 100% obstacle detection in all simulated scenarios including fog, rain, and extreme lighting conditions. Continue Reading for More Information, Recent News , Management Background & Our Disclosure ... Acorn Management Partners, LLC