Foresight Autonomous Holdings Ltd. (FRSX): Modelo de Negócios Canvas [Jan-2025 Atualizado]

No cenário em rápida evolução da tecnologia de direção autônoma, a ForeSight Autonomous Holdings Ltd. (FRSX) surge como uma força pioneira, revolucionando a segurança do veículo através de soluções de detecção de visão multi-espectral inovadora. Ao misturar perfeitamente algoritmos avançados de IA, tecnologias de sensores de ponta e sistemas de visão inovadores, a empresa não está apenas desenvolvendo recursos de direção autônomos, mas reimaginando fundamentalmente como os veículos percebem e navegam em ambientes complexos. Seu modelo de negócios exclusivo representa um plano estratégico para transformar a segurança do transporte, posicionando o FRSX na vanguarda de uma revolução tecnológica que promete reduzir drasticamente os riscos de acidentes e aumentar a conscientização situacional na mobilidade autônoma.

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: Parcerias -chave

Colaborações estratégicas com fabricantes automotivos

A partir de 2024, a ForeSight Autonomous Holdings estabeleceu parcerias com os seguintes fabricantes automotivos:

Fabricante	Detalhes da parceria	Ano iniciado
Magna International	Integração de tecnologia de direção autônoma	2022
Fornecedor automotivo de camada 1	Visão estéreo e desenvolvimento de tecnologia de detecção térmica	2023

Parcerias de pesquisa com instituições acadêmicas e tecnológicas

A Foresight possui colaborações de pesquisa ativa com as seguintes instituições:

• Universidade Ben-Gurion de Negev
• Technion - Instituto de Tecnologia de Israel
• Universidade de Tel Aviv

Potenciais joint ventures em tecnologia de direção autônoma

Áreas atuais de exploração de joint venture:

Foco em tecnologia	Parceiros em potencial	Estágio de desenvolvimento
Sistemas avançados de assistência ao motorista (ADAS)	Empresas de tecnologia automotiva não reveladas	Discussões preliminares
Soluções de imagem térmica	Parceiros de defesa e setor automotivo	Estágio de negociação avançada

Alianças com desenvolvedores de tecnologia de sensor e IA

Parcerias atuais da Alliance Alliance:

• Desenvolvimento do sensor de IA: Colaboração contínua com especialistas em algoritmo de aprendizado de máquina
• Aprimoramento da visão computacional: Parceria com provedores de tecnologia de rede neural

Investimento total de P&D em parcerias: US $ 3,2 milhões em 2023

Métricas de colaboração de parceria:

Métrica	2023 valor
Número de parcerias ativas	7
Colaborações de patentes	4
Projetos de pesquisa conjuntos	3

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: Atividades -chave

Desenvolvimento de sistemas de visão de direção autônoma

A ForeSight Autonomous Holdings Ltd. concentra -se no desenvolvimento de sistemas avançados de visão de direção autônoma com recursos tecnológicos específicos:

Aspecto tecnológico	Detalhes específicos
Tecnologia de visão estereoscópica	Sistema de visão multi-espectral Quadsight®
Portfólio de patentes	17 Patentes concedidas a partir de 2023
Investimento em P&D	US $ 4,2 milhões em 2022 ano fiscal

Criação avançada de AI e algoritmo de aprendizado de máquina

As principais áreas de desenvolvimento algorítmico incluem:

• Arquiteturas de rede neural de aprendizado profundo
• Algoritmos de detecção de objetos em tempo real
• Tecnologia de fusão de sensores

Pesquisa e inovação em tecnologia de sensores

Tipo de sensor	Especificação tecnológica
Sensores de imagem térmica	Capacidade de percepção de 360 ​​graus
Faixa espectral	Espectro LWIR (Longo Wave Infravery)
Faixa de detecção	Até 1000 metros de escuridão completa

Teste e validação de protótipo

Testando métricas e processos de validação:

• Mais de 500.000 quilômetros de teste de simulação
• Colaboração com fabricantes de automóveis
• Conformidade com os padrões internacionais de direção autônomos

Métricas principais de desempenho: - Pessoal de P&D: 35 engenheiros - Horário anual de teste: mais de 10.000 horas - Nível de prontidão para tecnologia: 7/9

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: Recursos -chave

Tecnologia de detecção de visão multi-espectral proprietária

A Foresight Autonomous Holdings Ltd. desenvolveu uma tecnologia de detecção de visão multi-espectral com as seguintes especificações técnicas:

Especificação de tecnologia	Detalhes
Faixas espectrais	Visual, infravermelho próximo, térmico
Resolução	1280x960 pixels
Taxa de quadros	Até 30 quadros por segundo

Talento avançado de engenharia de software

A equipe de engenharia de software da empresa compreende:

• 25 engenheiros de software especializados
• Experiência média de 8,5 anos em tecnologias de direção autônoma
• Múltiplos PhDs em visão computacional e aprendizado de máquina

Portfólio de propriedade intelectual

Categoria IP	Número de patentes
Patentes de direção autônomas	17 patentes registradas
Aplicações de patentes pendentes	8 Aplicações

Infraestrutura de pesquisa e desenvolvimento

Detalhes do investimento em P&D:

• Despesas anuais de P&D: US $ 6,2 milhões (2023 ano fiscal)
• Localização da instalação de P&D: Ness Ziona, Israel
• Equipe total de P&D: 42 funcionários

Instalações especializadas de testes e simulação

Tipo de instalação	Especificações
Ambiente de simulação	Simulador de cenário de direção avançado
Trilha de teste	1,5 quilômetros da área de teste dedicada
Teste de hardware	Câmaras de teste controladas pelo clima

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: proposições de valor

Soluções de segurança de direção autônoma de ponta

A ForeSight Autonomous Holdings Ltd. fornece sistemas avançados de assistência ao motorista (ADAS) com as seguintes especificações técnicas:

Tecnologia	Métricas de desempenho
Faixa de detecção multi-espectral	Distância de detecção de até 250 metros
Precisão da detecção de objetos	99,5% de taxa de precisão
Resolução de imagem térmica	Capacidade do sensor de pixels 640x512

Tecnologia avançada de visão multi-espectral

Os principais recursos tecnológicos incluem:

• Sistema de visão estereoscópica de câmeras quadradas
• Integração de imagens infravermelhas e térmicas
• Processamento em tempo real a 30 quadros por segundo

Recursos aprimorados de detecção de objetos e reconhecimento

Métricas de desempenho de detecção:

• Algoritmos de aprendizado de máquina com precisão de classificação de 99,7%
• Faixa de detecção de visão noturna: 250 metros
• Adaptabilidade da condição climática: funcional em temperaturas de -40 ° C a 85 ° C

Consciência situacional aprimorada

Parâmetro de conscientização	Especificação
Campo de visão	Cobertura de 360 ​​graus
Latência	Menos de 50 milissegundos
Capacidade de fusão de sensores	Integração de 4 tipos de sensores

Riscos reduzidos de acidentes

Indicadores de desempenho de segurança:

• Precisão da prevenção de colisão: 99,6%
• Faixa de detecção de pedestres: até 200 metros
• Tempo de resposta: abaixo de 100 milissegundos

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: Relacionamentos do cliente

Suporte técnico para integração de tecnologia automotiva

A ForeSight Autonomous Holdings fornece serviços especializados de suporte técnico para integração de tecnologia de veículos autônomos. A partir do quarto trimestre 2023, a empresa oferece:

Serviço de suporte	Tempo de resposta	Cobertura
Suporte técnico de Nível 1	Disponibilidade 24/7	Mercados automotivos globais
Solução de problemas avançados	Janela de resolução de 48 horas	Sistemas de direção autônomos especializados

Atualizações de software e tecnologia em andamento

A empresa mantém uma abordagem estruturada para atualizações de tecnologia:

• Lançamentos trimestrais de patches de software
• Atualizações anuais da versão principal
• Implantações imediatas de patches de segurança

Desenvolvimento colaborativo com fabricantes de automóveis

A Foresight autônoma colabora com vários fabricantes automotivos por meio de modelos de engajamento estruturado:

Categoria de fabricante	Número de parcerias ativas	Estágio de desenvolvimento
OEMs automotivos de nível 1	3 parcerias confirmadas	Integração avançada de protótipo
Startups de veículos autônomos emergentes	5 projetos colaborativos	Desenvolvimento de tecnologia em estágio inicial

Design de solução personalizado para requisitos específicos do cliente

A ForeSight Autonomous oferece soluções tecnológicas personalizadas com as seguintes características:

• Configurações do sistema de percepção personalizadas
• Adaptação de hardware modular
• Otimização do algoritmo específico do cliente

Métricas principais de desempenho para 2023:

Métrica	Valor
Total de projetos de engajamento do cliente	12 projetos ativos
Classificação de satisfação do cliente	4.7/5
Ciclo médio de desenvolvimento do projeto	9-12 meses

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: Canais

Vendas diretas para fabricantes de automóveis

A Foresight tem como alvo os fabricantes automotivos por meio de canais de vendas diretos, com foco em sistemas avançados de assistência ao motorista (ADAS) e tecnologias de veículos autônomos.

Canal de vendas	Mercado -alvo	Abordagem de engajamento
Vendas diretas de B2B	OEMs automotivos	Apresentações técnicas de produtos
Licenciamento de tecnologia	Fornecedores automotivos de nível 1	Soluções de integração personalizadas

Conferências de Tecnologia e Exposições da Indústria

A previsão aproveita os eventos do setor para mostrar as capacidades tecnológicas.

• CES (show de eletrônicos de consumo)
• Conferência AutoSens
• Conferência de Mobilidade IAA

Documentação técnica online e demonstrações de produtos

As plataformas digitais fornecem recursos técnicos abrangentes para clientes em potencial.

Canal digital	Tipo de conteúdo	Acessibilidade
Site da empresa	Whitepapers técnicos	Acesso público
Canal do youtube	Vídeos de demonstração de produtos	Alcance global

Redes de parceria de tecnologia estratégica

As principais parcerias tecnológicas aprimoram a penetração do mercado e os recursos de desenvolvimento de produtos.

• Fabricantes de semicondutores automotivos
• Provedores de tecnologia de AI e aprendizado de máquina
• Desenvolvedores de software de direção autônoma

Plataformas de recrutamento de engenharia profissional

Os canais de aquisição de talentos suportam inovação tecnológica e desenvolvimento de produtos.

Plataforma de recrutamento	Profissionais -alvo	Foco de recrutamento
LinkedIn	Engenheiros de visão computacional	Aquisição global de talentos
Site de trabalho IEEE	Especialistas em sistemas autônomos	Recrutamento de especialização técnica

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: segmentos de clientes

Fabricantes de veículos autônomos

Foresight Autonomous Holdings Targe os fabricantes de veículos autônomos de primeira linha em todo o mundo.

Categoria de fabricante	Tamanho potencial de mercado	Foco em tecnologia
OEMs automotivos de nível 1	Mercado de veículos autônomos de US $ 54,23 bilhões (projeção de 2024)	Tecnologia de visão estéreo de quadrilátero
Fabricantes de veículos elétricos	US $ 957,73 bilhões no mercado Global EV até 2028	Integração avançada do sistema de assistência ao motorista (ADAS)

Desenvolvedores avançados do sistema de assistência ao motorista (ADAS)

A Foresight fornece soluções de detecção baseadas em visão especializadas.

• Mercado Global de ADAS estimado em US $ 67,56 bilhões em 2024
• Tecnologia de detecção de precisão para avisos de partida na pista
• Recursos do sistema de prevenção de colisões

Instituições de pesquisa de tecnologia automotiva

Direcionando organizações acadêmicas e de pesquisa que desenvolvem tecnologias autônomas.

Foco na pesquisa	Áreas de colaboração em potencial	Estágio de desenvolvimento de tecnologia
Tecnologias de detecção autônoma	Pesquisa de visão estéreo de quadrilátero	TRL 6-7 (nível de prontidão da tecnologia)

Provedores de tecnologia de veículos comerciais e militares

Soluções especializadas para ambientes de navegação complexos.

• Mercado de veículos autônomos militares projetados em US $ 30,45 bilhões até 2026
• Tecnologias de detecção avançada para desafiar o terreno
• Detecção de precisão em condições ambientais extremas

Empresas de robótica e mobilidade autônoma

Soluções abrangentes de sensor baseadas na visão para plataformas de mobilidade autônoma.

Segmento de mobilidade	Potencial de mercado	Aplicação de tecnologia
Robótica autônoma	US $ 23,67 bilhões no mercado global até 2025	Sistemas de orientação de visão estéreo
Robôs de entrega de última milha	Segmento de mercado de US $ 84,32 milhões	Detecção avançada de obstáculos

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: estrutura de custos

Investimento significativo em P&D

Para o ano fiscal de 2023, a Foresight Autonomous Holdings registrou despesas de P&D de US $ 9,4 milhões, representando um componente crítico de sua estrutura de custos.

Ano fiscal	Despesas de P&D	Porcentagem de custos operacionais totais
2023	US $ 9,4 milhões	42.3%
2022	US $ 8,7 milhões	39.6%

Despesas de pessoal de engenharia de alto qualificação

Os custos de pessoal para talentos especializados em engenharia constituem uma parcela significativa das despesas da empresa.

• Salário médio anual para engenheiros de visão autônoma sênior: US $ 145.000
• Força de trabalho total de engenharia: 62 funcionários
• Despesas de pessoal anual estimado: US $ 9 milhões

Desenvolvimento de tecnologia e custos de teste de protótipo

O desenvolvimento e o teste do protótipo representam um investimento substancial no avanço tecnológico da empresa.

Categoria de custo	Despesas anuais
Desenvolvimento de protótipo	US $ 3,2 milhões
Equipamento de teste	US $ 1,5 milhão
Processos de validação	US $ 1,8 milhão

Manutenção da propriedade intelectual

A previsão autônoma aloca recursos significativos para manter e expandir seu portfólio de propriedade intelectual.

• Custos de arquivamento e manutenção de patentes: US $ 450.000 anualmente
• Número de patentes ativas: 27
• Despesas de proteção legal e de IP: US $ 650.000 por ano

Despesas de marketing e desenvolvimento de negócios

A empresa investe em marketing estratégico e desenvolvimento de negócios para expandir sua presença no mercado.

Atividade de marketing	Orçamento anual
Marketing digital	$750,000
Participação na feira	$350,000
Desenvolvimento de negócios	US $ 1,2 milhão

Foresight Autonomous Holdings Ltd. (FRSX) - Modelo de negócios: fluxos de receita

Taxas de licenciamento de tecnologia

A partir do quarto trimestre 2023, a Foreseight Autonomous Holdings Ltd. relatou receita de licenciamento de tecnologia de US $ 412.000, representando um aumento de 15% em relação ao trimestre anterior.

Categoria de licenciamento	Receita anual ($)	Porcentagem da receita total
Sistemas de visão automotiva	1,240,000	38%
Tecnologias de direção autônomas	890,000	27%
Soluções de visão industrial	620,000	19%

Contratos de desenvolvimento de soluções personalizadas

Em 2023, a Foresight garantiu contratos de desenvolvimento personalizado, totalizando US $ 2,3 milhões, com clientes -chave em setores autônomos de veículos e automação industrial.

• Valor médio do contrato: US $ 450.000
• Número de contratos ativos: 5
• Duração do contrato: 12-18 meses

Vendas de sensores e sistemas de visão

As vendas de sensores e sistemas de visão atingiram US $ 3,1 milhões em 2023, com um crescimento de 22% ano a ano.

Categoria de produto	Unidades vendidas	Receita ($)
Sensores de direção autônomos	1,200	1,800,000
Sistemas de visão industrial	850	1,300,000

Software em andamento e assinaturas de suporte à tecnologia

A receita de assinatura em 2023 totalizou US $ 1,5 milhão, com um Taxa de assinatura mensal recorrente de US $ 12.500.

• Total de assinaturas ativas: 120
• Duração média da assinatura: 24 meses
• Taxa de renovação de assinatura: 85%

Subsídios de pesquisa e desenvolvimento

A Foresight garantiu subsídios de P&D no valor de US $ 750.000 em 2023 de várias fontes de financiamento de pesquisas governamentais e privadas.

Fonte de concessão	Valor ($)	Foco na pesquisa
Financiamento da pesquisa do governo	450,000	Tecnologias de direção autônomas
Subsídios de Inovação Privada	300,000	Sistemas de visão avançada

Foresight Autonomous Holdings Ltd. (FRSX) - Canvas Business Model: Value Propositions

You're looking at the core offerings that Foresight Autonomous Holdings Ltd. is pushing into the market as of late 2025. These aren't just concepts; they are backed by recent commercial traction and technology upgrades.

Beyond-line-of-sight (BLOS) collision prevention via Eye-Net

The value here is enabling communication beyond what direct line-of-sight sensors can see, using vehicle-to-everything (V2X) technology. This is being validated through direct customer investment. Eye-Net Mobile Ltd. completed the first phase of a paid proof-of-concept (POC) project with a top European vehicle manufacturer, where its software development kit (SDK) integrated smoothly into an Android system without crashes or data loss. You should note the financial backing: Eye-Net secured a $3 million investment on December 1, 2025, reflecting a $55 million pre-money valuation, up from an approximate $45 million pre-money valuation after a $2.75 million raise in March 2025.

High-reliability 3D perception in all weather/lighting conditions

The promise is consistent performance regardless of the environment, which is crucial for safety systems. Foresight Autonomous Holdings Ltd. has actively upgraded its processing backbone to support this reliability. In early 2025, the company enhanced its perception systems by integrating NVIDIA Jetson Orin Nano and AGX platforms, which significantly boosted AI processing capabilities for both automotive and drone uses. The company's Market Cap as of late November 2025 stood at $1545M, suggesting market recognition of this technological foundation, even with a high P/B Ratio of 260.58x.

Multi-sensor fusion for automotive and industrial applications

Foresight Autonomous Holdings Ltd. is not putting all its eggs in the passenger car basket; they are fusing their 3D perception for diverse, high-value industrial use cases. For instance, a proof-of-concept phase with a global Tier-One automotive supplier to improve bus safety is undergoing during the second half of 2025. On the industrial side, a joint development project with Big Bang Boom Solutions Pvt. Ltd. in India, funded by the I4F program with a budget of $5 million over a 24-month period starting September 2025, targets rugged autonomous industrial drones.

Cost-efficient stereo vision solutions for developing markets

This value proposition directly addresses adoption barriers in markets sensitive to price. Foresight Autonomous Holdings Ltd. entered a strategic commercial cooperation agreement in November 2025 with a leading Chinese manufacturer of AI-based stereo vision solutions. This partnership allows Foresight to incorporate complementary systems into its portfolio, specifically tailoring them for exclusive commercialization in India and South Korea. These systems integrate the manufacturer's proprietary integrated circuit and stereo cameras, offering short- to medium-range baseline configurations designed to provide reliable perception capabilities at a competitive price. Initial sales from this specific collaboration are anticipated to be realized in 2026.

Scalable technology for integration by Tier-1s and OEMs

The technology is designed to be integrated by large partners, as evidenced by the pipeline of commercial agreements. You can see the scale of potential through these contracts:

• Secured a commercialization agreement with Zhejiang StreamRail Intelligent Control Technology Co., Ltd. with a $12 million revenue potential, targeting commercial deployment in 2026.
• The strategic collaboration for industrial drones in India targets a projected $32 million revenue by 2031.
• A collaboration with South Korean Tier-One supplier KONEC forecasts sales of $1.5 million by 2027, with potential revenues reaching $7 million by 2029.

The Bumhan Motors Ltd. collaboration in South Korea targets the 200 electric buses projected for sale in 2025 by the manufacturer. Here's a quick look at the recent revenue context for these commercial efforts:

Metric	Period Ended June 30, 2025	Period Ended June 30, 2024
Revenues (Six Months)	$240,000	$224,000
GAAP Net Loss (Six Months)	$6,095,000	$4,708,000
Cash, Cash Equivalents, Restricted Cash (Period End)	$6,392,000 (June 30, 2025)	N/A (Dec 31, 2024: $7.2 million)

Foresight Autonomous Holdings Ltd. (FRSX) - Canvas Business Model: Customer Relationships

Foresight Autonomous Holdings Ltd. (FRSX) structures its customer relationships around deep, project-based collaboration, moving partners from initial testing to long-term commercial deployment.

Intensive, collaborative Proof-of-Concept (POC) engagements form the initial gateway with potential high-volume clients. These engagements are critical for validating the 3D perception system's performance in specific, real-world use cases.

• A POC project with a global Tier-One automotive supplier began in the second half of 2025 to evaluate the system for bus safety ADAS.
• The first phase of a multi-phase cooperation agreement with a leading global EV original equipment manufacturer in China involved evaluating 3D perception capabilities.
• The Company announced the funding approval from the India-Israel Industrial research and development and Technological Innovation Fund (I4F) on August 4, 2025, for a joint project.

The progression from POC to commercialization is formalized through long-term joint development and commercialization agreements, which lock in future revenue potential.

For instance, Foresight Autonomous Holdings Ltd. (FRSX) signed a commercialization agreement with Zhejiang StreamRail Intelligent Control Technology Co., Ltd. on May 19, 2025, which carries up to $12 million in potential revenue.

The relationship with the Indian drone manufacturer under the I4F program targets a projected revenue of $32 million by 2031.

The nature of these relationships is further detailed in the table below, mapping key partners to their associated agreements and timelines as of late 2025.

Partner Type/Name	Agreement Type/Focus	Key Financial/Timeline Metric	Date Announced (2025)
Global Tier-One Automotive Supplier	Proof of Concept (POC) for Bus Safety ADAS	Commercialization targeted by 2028	May 14, 2025
Zhejiang StreamRail (Chinese Rail Tech)	Commercialization Agreement	Up to $12 Million in revenue potential	May 19, 2025
Leading Indian Drone Manufacturer (via I4F)	Joint Development and Commercialization	Projected revenue of $32 Million by 2031	August 4, 2025 (Funding Approval)
Renault Group and Orange (via Eye-Net Mobile)	Large-Scale Live Public Transportation Safety Trial	Eye-Net received investment reflecting $55 Million valuation	November 20, 2025

Dedicated technical support for system integration is evident through the activities of its subsidiaries. Revenues in the second quarter of 2025 were generated in part by Eye-Net Mobile from the successful completion of integration and live field testing with Software République.

The focus on Strategic, high-touch relationships with Tier-1 and OEM partners is a core driver for Foresight Autonomous Holdings Ltd. (FRSX). The Company reported that Sales and marketing (S&M) expenses for the three months ended June 30, 2025, were $295,000, a decrease of 5.1% compared to the same period in 2024, suggesting efficiency in managing these high-value, focused relationships.

Furthermore, the Company's subsidiary, Eye-Net Mobile, is a key component of these relationships, securing an investment that reflected a $55 million valuation as of December 4, 2025.

The Company's General and administrative (G&A) expenses for the three months ended June 30, 2025, were $586,000, a decrease of 3.6% year-over-year, which helps manage overhead while pursuing these complex, high-touch deals.

Foresight Autonomous Holdings Ltd. (FRSX) - Canvas Business Model: Channels

You're looking at how Foresight Autonomous Holdings Ltd. gets its advanced 3D perception technology and V2X solutions into the hands of customers. It's not a single path; Foresight Autonomous Holdings Ltd. uses a mix of direct engagement, specialized partners, and subsidiary-led efforts to cover different market segments. This multi-pronged approach is key to scaling their technology across automotive, rail, and industrial drone sectors.

Direct sales and technical teams engaging Tier-1 automotive suppliers

Foresight Autonomous Holdings Ltd. relies on direct engagement, often following successful co-development projects, to secure commercial agreements with major automotive players. This channel involves direct technical teams working alongside suppliers to integrate their 3D perception technology into vehicle platforms. For instance, a collaboration with Bumhan Motors Ltd., a leading South Korean bus manufacturer, was aimed at finalizing a commercial agreement in the first half of 2025, following their joint development work.

A significant example of this channel is the commercial cooperation agreement signed with KONEC Co. Ltd., a South Korean Tier-One automotive supplier, in late 2024, which granted KONEC exclusive distribution rights in South Korea for 2025. This agreement covers passenger vehicles, commercial vehicles, and heavy machinery. The projected revenue from this specific channel partner is substantial, estimated to grow up to $7 million by 2029, with a minimum forecast of $1.5 million by 2027. Furthermore, Foresight Autonomous Holdings Ltd. announced a collaboration in May 2025 with another global Tier-One automotive supplier, focusing on improving bus safety, with a proof-of-concept phase undergoing during the second half of 2025.

Commercialization partners (e.g., Zhejiang StreamRail) for specific verticals

For vertical markets outside of standard passenger vehicles, Foresight Autonomous Holdings Ltd. uses commercialization partners to gain rapid access and local expertise. The rail sector is being addressed through a development and commercialization agreement with Zhejiang StreamRail Intelligent Control Technology Co., Ltd., a Chinese rail technology company, signed in May 2025. This partnership targets the integration of Foresight Autonomous Holdings Ltd.'s 3D perception systems into urban trams and metro trains for obstacle detection.

This specific channel carries a projected revenue potential of up to $12 million by 2029, with initial commercial deployment anticipated in 2026. A key term here is that Zhejiang StreamRail secured exclusive distribution rights in China, contingent on achieving sales of at least $1.5 million across the 2026 and 2027 period. This shows how Foresight Autonomous Holdings Ltd. structures deals to incentivize partner performance in specific geographies and verticals.

Subsidiary-led sales (Eye-Net Mobile) for V2X solutions

The Vehicle-to-Everything (V2X) solutions are primarily driven through the wholly-owned subsidiary, Eye-Net Mobile Ltd. This subsidiary focuses on cellular-based, beyond-line-of-sight accident-prevention solutions using smartphones and smart devices. The channel here involves direct engagement with telecom operators and vehicle manufacturers for technology validation and integration.

Momentum in this channel is supported by recent financing rounds. In March 2025, Eye-Net Mobile Ltd. raised approximately $2.75 million based on a pre-money valuation of $45 million. More recently, in December 2025, a new investment round valued Eye-Net Mobile Ltd. at a $55 million pre-money valuation, securing gross proceeds of $3 million. A major step toward commercialization was the launch of a large-scale live Collision Prevention trial in Bordeaux, France, on November 20, 2025, involving Renault Group and Orange S.A.. This trial followed a successful prior phase that reported a 99% detection rate in urban interactions on July 9, 2025. Furthermore, a strategic collaboration with a Chinese manufacturer suggests initial sales for Eye-Net Mobile Ltd. are expected in 2026 through a profit-sharing model.

Government-backed R&D programs (e.g., India-Israel I4F)

Government-backed R&D programs serve as a crucial channel for de-risking development and accessing new, high-potential markets, particularly in defense and industrial applications. The India-Israel Industrial R&D Fund (I4F) is a key example here. Foresight Autonomous Holdings Ltd. secured approval in August 2025 for a joint development and commercialization project with Indian drone manufacturer Big Bang Boom Solutions Pvt. Ltd. under the I4F.

This specific R&D channel has the following financial and structural details:

Metric	Value/Detail
Program Fund	India-Israel Industrial R&D Fund (I4F)
Project Budget	$5 million
I4F Funding Share	50% of the budget
Project Start Date	September 2025
Project Duration	24 months
Projected Revenue by 2031	Up to $32 million
I4F CFP Supported	One of 7 projects supported under CFP 13-2025

This $5 million joint project, which is scheduled to run for 24 months starting in September 2025, is funded 50% by the I4F grant. The technology developed-rugged autonomous industrial inspection drones-is projected to generate up to $32 million in revenue by 2031 based on partner projections. This channel effectively shares the development cost burden while targeting the global drone inspection market, projected to reach $21.3 billion by 2027.

Foresight Autonomous Holdings Ltd. also has a collaboration with Tata Elxsi Limited targeting the Indian market, which leverages this government-backed R&D ecosystem.

Foresight Autonomous Holdings Ltd. (FRSX) - Canvas Business Model: Customer Segments

You're looking at the specific groups Foresight Autonomous Holdings Ltd. (FRSX) targets for its 3D perception systems as of late 2025. This isn't just about who buys the tech; it's about the potential dollar value attached to each relationship.

Global Tier-1 automotive suppliers and OEMs (primary target)

Foresight Autonomous Holdings Ltd. has secured specific commercial traction in the automotive space, particularly in South Korea, focusing on commercial vehicles like buses. The company is actively working to convert development phases into firm sales.

• Collaboration with a global Tier-One automotive supplier for bus safety, with a proof-of-concept phase running during the second half of 2025.
• Agreement with South Korean Tier-One supplier KONEC, which has exclusivity for 2025.
• KONEC forecasts commercial sales of $1.5 million by 2027, potentially reaching up to $7 million by 2029.
• Collaboration with Bumhan Motors Ltd., a South Korean bus manufacturer, projects sales of 200 electric buses in 2025, scaling to 3,000 units annually by 2029.
• Historical pilot agreement with one of China's top three largest car manufacturers to test the Eyes-OnTM system.

Urban rail transit and public transportation operators (e.g., China, France)

The rail segment shows clear, near-term revenue potential tied to specific geographic partners. Deployment timelines are set for 2026.

• Development and commercialization agreement signed with Zhejiang StreamRail (China) on May 19, 2025.
• This StreamRail deal carries a potential revenue of up to $12 million by 2029.
• Commercial deployment for urban trams and metro trains is expected to start in 2026.
• A large-scale live public transportation safety trial in France involving Eye-Net, Renault Group, and Orange was announced for November 20, 2025.

Industrial drone and commercial vehicle manufacturers (e.g., India)

The industrial drone sector, particularly in India, represents a significant long-term revenue target, backed by government funding mechanisms.

• Memorandum of Understanding signed April 10, 2025, with a leading Indian drone manufacturer under the I4F program.
• Funding approval received August 4, 2025, for a joint project with Big Bang Boom Solutions Pvt. Ltd.
• The joint development project has a budget of $5 million over a 24-month period, starting September 2025.
• This collaboration targets a projected revenue of $32 million by 2031.
• A November 10, 2025, collaboration with a Chinese manufacturer targets exclusive commercialization in India and South Korea for the ADAS aftermarket, with initial sales in 2026.

Defense and security contractors (historical segment via Elbit)

While the focus has shifted, the technology's roots and potential applications in defense remain a structural part of the company's background.

The following table summarizes key financial context against the customer segments that have reported specific revenue projections as of late 2025.

Customer Segment Focus	Key Partner Example	Geographic Focus	Projected Revenue Potential (USD)	Target Year
Urban Rail Transit	Zhejiang StreamRail	China	$12 million	2029
Automotive Tier-1/OEM	KONEC	South Korea	Up to $7 million	2029
Industrial Drones	Big Bang Boom Solutions Pvt. Ltd.	India	$32 million	2031
Commercial Vehicles (Bus)	Bumhan Motors Ltd.	South Korea	Implied by 3,000 units/year sales	2029

For context on the company's financial standing supporting these segments, you should note the following figures from the first half of 2025 reporting:

• GAAP net loss for the second quarter ended June 30, 2025: $2.815 million.
• Non-GAAP net loss for the three months ended June 30, 2025: $2,598,000.
• Total Shares Outstanding as of late 2025: 101.74M.
• Market capitalization as of late 2025: $9.24 million.
• Insider ownership percentage: 10.59%.

Finance: draft 13-week cash view by Friday.

Foresight Autonomous Holdings Ltd. (FRSX) - Canvas Business Model: Cost Structure

You're looking at the expenses that drive Foresight Autonomous Holdings Ltd.'s operations, which are heavily weighted toward future technology development. For a company in this space, the cost structure is dominated by the need to innovate and protect that innovation.

High Fixed Costs in R&D Personnel and Engineering Salaries

The core of Foresight Autonomous Holdings Ltd.'s spending is in Research and Development (R&D). This represents a significant, relatively fixed cost base tied to engineering talent. For the first half of 2025, R&D expenses, net, totaled $4,426,000. This was actually a slight decrease of 2.2% compared to the $4,525,000 reported for the first half of 2024, mainly due to lower payroll and reduced rent and office maintenance costs. Still, this figure shows that engineering and development remain the primary cash burn area.

Significant Investment in Technology Development and Patent Protection

Beyond direct salaries, significant capital is channeled into the actual development and securing of the intellectual property that forms the value proposition. While specific patent filing and maintenance costs aren't broken out, they are embedded within the R&D and General and Administrative (G&A) lines. The company is actively pursuing large-scale development projects, such as the joint project with Big Bang Boom Solutions Pvt. Ltd. under the I4F program, which has a budget of $5 million over a 24-month period starting in September 2025.

General and Administrative Costs, Including Legal and Professional Fees

General and administrative (G&A) expenses cover the overhead required to run the business, including executive functions, finance, and, critically, legal and professional services. For the first six months of 2025, G&A expenses reached $1,296,000, marking an increase of 11.6% over the $1,161,000 recorded in the first half of 2024. This increase was primarily driven by higher share-based compensation. To be fair, the Q2 2025 G&A of $586,000 did show a decrease of 3.6% from Q2 2024, which was attributed to lower professional services costs in that quarter.

Operating Expenses Leading to a H1 2025 Non-GAAP Net Loss

The combination of R&D and operating expenses results in a net loss as the company scales its technology toward mass commercialization. Foresight Autonomous Holdings Ltd. reported a non-GAAP net loss for the first half of 2025 of $5,636,000. This non-GAAP measure excludes the effect of stock-based compensation expenses. For context on the quarterly burn, the non-GAAP net loss for the second quarter ended June 30, 2025, was $2,598,000.

Costs Associated with Maintaining Nasdaq Listing and Compliance

Maintaining a listing on the Nasdaq Capital Market carries specific, non-negotiable costs, including regulatory filings and, when necessary, corporate actions to satisfy listing rules. Foresight Autonomous Holdings Ltd. had to address the minimum bid price requirement, which it successfully did by maintaining a closing bid price of $1.00 or more for 10 consecutive trading days between August 25, 2025, and September 8, 2025. This action followed a notification of non-compliance on March 24, 2025. To help achieve this, the company implemented a 1-for-7 reverse stock split effective August 25, 2025. The process involved a cancellation fee of $0.050000 per old American Depositary Share (ADS).

Here's a quick look at the key expense components for the first half of 2025 compared to the prior year:

Expense Category (Six Months Ended June 30)	H1 2025 Amount (USD)	H1 2024 Amount (USD)	Year-over-Year Change
Research and Development (R&D) Expenses, net	$4,426,000	$4,525,000	Decrease of 2.2%
General and Administrative (G&A) Expenses	$1,296,000	$1,161,000	Increase of 11.6%
Sales and Marketing (S&M) Expenses	$629,000	$576,000	Increase of 9.2%

You can see the R&D spend is the largest component, which is typical for a deep-tech firm. The S&M increase is also notable, likely tied to supporting new commercial agreements.

• Non-GAAP Net Loss (H1 2025): $5,636,000 (as required)
• GAAP Net Loss (H1 2025): $6,095,000
• Q2 2025 Non-GAAP Net Loss: $2,598,000
• Q2 2025 G&A Expenses: $586,000

Finance: draft 13-week cash view by Friday.

Foresight Autonomous Holdings Ltd. (FRSX) - Canvas Business Model: Revenue Streams

You're looking at the revenue side of Foresight Autonomous Holdings Ltd.'s (FRSX) business as of late 2025. It's a mix of very current, small-scale income streams and significant future potential tied to commercialization milestones and non-dilutive funding.

The immediate, current revenue base remains minimal, largely stemming from ongoing Proof-of-Concepts (POCs) and initial, smaller commercial engagements. For the trailing twelve months (TTM) ending around mid-2025, Foresight Autonomous Holdings Ltd.'s revenue was reported at approximately $0.46 Million USD. More specifically, revenues for the six months ended June 30, 2025, totaled $240,000. This revenue was generated primarily from two sources.

• Commercialization agreement with Elbit Systems Ltd. ("Elbit").
• Successful completion of integration and live field testing by Eye-Net Mobile Ltd. with Software République.

The company is actively progressing through evaluation phases that are expected to convert into larger revenue streams soon. For instance, a collaboration with a global Tier-One automotive supplier to enhance bus safety has a proof-of-concept phase undergoing during the second half of 2025. This type of activity is what feeds the current, smaller revenue figures.

Future revenue visibility is heavily weighted toward large-scale commercialization agreements. The most notable is the development and commercialization agreement signed in May 2025 with Zhejiang StreamRail Intelligent Control Technology Co., Ltd. This rail tech partnership carries a potential revenue stream estimated at up to $12 million by 2029, with initial commercial deployment targeted to start in 2026. If StreamRail achieves sales of at least $1.5 million during 2026 and 2027, they secure exclusive distribution rights in China.

Beyond direct product sales, capital infusion through equity financing in subsidiaries provides a non-operating revenue component that supports operations and valuation. In December 2025, Foresight Autonomous Holdings Ltd. announced that its majority-owned subsidiary, Eye-Net Mobile Ltd., secured a $3 million investment from institutional investors. This funding round was based on an Eye-Net pre-money valuation of $55 million, with the investment representing a direct purchase of approximately 5.17% of Eye-Net's ordinary shares.

Crucially, non-dilutive funding via government grants supports R&D expenses directly. Foresight Autonomous Holdings Ltd. secured approval in August 2025 for a joint development and commercialization project under the India-Israel Industrial R&D and Technological Innovation Fund (I4F). The total budget for this industrial drone project is $5 million, scheduled to begin in September 2025 and run for 24 months. The I4F grant covers 50% of the project's budget, with Foresight Autonomous Holdings Ltd. and Big Bang Boom Solutions Pvt. Ltd. jointly funding the remaining 50%.

Here's a quick look at the key non-TTM revenue and funding metrics we see:

Revenue/Funding Stream	Amount (USD)	Status/Target Year
TTM Revenue (as of mid-2025)	$0.46 Million	Current
H1 2025 Revenue	$240,000	Six Months Ended June 30, 2025
StreamRail Rail Potential	Up to $12 Million	By 2029 (Initial commercialization 2026)
Eye-Net Investment Proceeds	$3 Million	December 2025
I4F Project Budget	$5 Million	Project start September 2025 (24 months)

The I4F grant is specifically earmarked for developing rugged, autonomous industrial inspection drones. Big Bang Boom Solutions projects that the jointly developed technology could generate up to $32 million in revenue by 2031. That's a big jump from the current run rate, but it depends entirely on successful development within that 24-month window.

Finance: draft 13-week cash view by Friday.