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Foresight Signs POC Agreement with Zeda Korea for Danger-Zone Intrusion Detection System, Creating Up to $21.5 Million Commercial Opportunity Over a Five-Year-Period
GlobeNewswire Inc.·
Foresight Autonomous Holdings Ltd. announced a Proof-of-Concept agreement with Zeda Korea Ltd. to integrate its ScaleCam visible-light stereoscopic vision system for danger-zone intrusion detection. Upon successful completion, the parties plan to enter a Joint Development and Commercialization Agreement in Q4 2026, with potential forecasted revenues of up to $21.5 million between 2027-2031. This collaboration strengthens Foresight's presence in the Asian road safety market.
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