Foresight: Eye-Net Collaborates with Leading Japanese Insurance Company Aiming to Reduce Accident Rate Through Connected Dashcams
Ness Ziona, Israel, April 01, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its wholly owned subsidiary, Eye-Net Mobile Ltd. (“Eye-Net”), has signed a three-way agreement for a proof-of-concept (POC) project with leading Japanese technology and insurance companies to assess the integration benefits of Eye-Net’s technology with dashboard cameras (dashcams) manufactured by the technology company. This strategic collaboration aims to empower drivers with tools that prevent accidents, to reduce insurance costs and to improve road safety.
- This strategic collaboration aims to empower drivers with tools that prevent accidents, to reduce insurance costs and to improve road safety.
- The technology company plans to evaluate, and potentially integrate, Eye-Net’s technology into its dashcams.
- Dashcams serve as unbiased observers, recording live footage of the road and anything that occurs within its field of view.
- Looking ahead, insurance companies may potentially offer discounted premiums as an incentive for customers who use connected dashcams equipped with Eye-Net’s advanced technology.