Brief: Foresight Leverages On Success To Focus On Defense, Industrial Vehicles And Eye-Net Mobile Initiatives In The Short Term

Foresight Autonomous Holdings

01/11/2023 12:27

Nov 1 (Reuters) - Foresight Autonomous Holdings Ltd
 FRSX.TA :
    * FORESIGHT LEVERAGES ON SUCCESS TO FOCUS ON DEFENSE,
INDUSTRIAL
VEHICLES AND EYE-NET MOBILE INITIATIVES IN THE SHORT TERM
    * FORESIGHT AUTONOMOUS HOLDINGS LTD - ACTIVELY PURSUING
ONGOING
PROJECTS IN AUTOMOTIVE INDUSTRY, EXPECTED TO MATERIALIZE IN BOTH
MEDIUM AND LONG TERM
    * FORESIGHT AUTONOMOUS HOLDINGS LTD - EXPERIENCED NO
IMMEDIATE
MATERIAL IMPACT ON ITS OPERATIONS FROM ISRAEL CONFLICT
    * FORESIGHT AUTONOMOUS HOLDINGS LTD - DECIDED TO REALLOCATE
RESOURCES AND REDUCE EXPENSES WHILE EXTENDING COMPANY'S CASH
RUNWAY
    * FORESIGHT AUTONOMOUS HOLDINGS LTD - CORE ACTIVITIES AND
RESEARCH
AND DEVELOPMENT EFFORTS REMAIN UNIMPACTED

Source text for Eikon:  ID:nGNXb8Lcrf 
Further company coverage:  FRSX.TA 

 ((Reuters.Briefs@thomsonreuters.com;))