Foresight and RH Electronics sign strategic alliance for vision system development

Foresight Autonomous Holdings and RH Electronics signed a non-binding Development and Investment Agreement for a multi-phase project to develop chip-based FPGA and ASIC solutions for Foresight's QuadSight vision system. RH plans to invest USD 1 million in Foresight and purchase approximately 1% of its shares.

“We are very excited about this important strategic alliance with RH that aims to enable us to achieve important future technological milestones.”sec.gov

• 1 source
• sec.govDec 17, 2018

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