BULLish ratings are mounting for this underfollowed tech company whose recent news has been incredibly encouraging for monstrous growth aheadâ¦.âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â BULLish ratings are mounting for this underfollowed tech company whose recent news has been incredibly encouraging for monstrous growth aheadâ¦. Greetings Investors, There are plenty of tech stocks that move the market including Apple, but finding ones positioned for tremendous upside in the near term is any savvy investorâs top priority. Many tech companies matter for different reasons as they take on various industries and offer solutions or offerings to improve lives. One tech company worth putting high on your radar right now is Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) which in recent months has been releasing extraordinary news. These promising developments could quickly turn NASDAQ: FRSX into a relatively unknown company to another tech giant! Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. What does the Company do?Through its wholly-owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd., and Eye-Net Mobile Ltd., NASDAQ: FRSX develops both âin-line-of-sightâ vision systems and âbeyond-line-of-sightâ accident-prevention solutions. What does all this mean? Autonomous driving technology is transforming the future of transportation and mobility with the help of advanced sensors and obstacle-detection techniques. To achieve the most efficient and accurate perception and detection solutions, companies like NASDAQ: FRSX are leading the way. The companyâs vision solutions include modules of automatic calibration and dense three-dimensional (3D) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobileâs cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. Strong fundamentals⦠Trading around $2 a share, the stock currently holds a âSTRONG BUYâ rating as seen [HERE.]( Additionally, FRSX has a âSTAY LONGâ rating at [AmericanBulls.com.]( One analyst offering [a 12-month price target]( on the stock has $4.62 forecast. This is roughly DOUBLE compared to current levels! Positive news is piling up⦠Not that long ago the company recorded a significant milestone with the signing of its exclusive commercialization agreement with Elbit Systems Land Ltd. (Nasdaq: ESLT). Why is this agreement so important? Because it will put NASDAQ: FRSXâs technology directly in the hands of Elbit customers in the defense, paramilitary, and homeland security industries. This is a pivotal step forward for the company and a validation of its technology by one of the worldâs LEADING DEFENSE SUPPLIERS!To boost, the commercialization agreement may result in revenues of up to $4 million over a five-year contractual period. Could this be the start of more agreements to come in the trillion-dollar defense arena? Additionally, NASDAQ: FRSX has an ongoing strategy of collaborating with global leading Tier One suppliers. The company signed a memorandum of understanding (MOU) with KONEC, a leading South Korean Tier One automotive supplier. This MOU is an important first step as NASDAQ: FRSX enters one of the worldâs most important automotive markets, and it builds off our previous successes working with leading Tier One suppliers in Japan, China, Europe, and the United States. Tier One suppliers value the benefits of the companyâs 3D perception stereo vision solutions, and it expects this widespread interest to convert into paying customers in the coming quarters. And for the crème of the crop... most recently the company announced that it and SoftBank Corp., a Japan-based telecommunications and IT operator, are collaborating! NASDAQ: FRSX has signed an agreement for a [paid proof of concept (POC) project]( with SoftBank Corp. The POC project is part of a multiphase work plan that could potentially lead to commercial deployment of Eye-Netâs solutions in the Japanese market through SoftBankâs multiple business partners, including vehicle manufacturers, third-party applications, local authorities, and insurance companies. âWe are honored to be selected by SoftBank as their preferred V2X solution after undergoing an extensive three-year technological due diligence process. This vote of confidence reaffirms our dedication to providing cutting-edge solutions that enhance the safety of all road users," said Dror Elbaz, CEO of Eye-Net Mobile. "The potential extensive commercial deployment will introduce a new social road safety approach that might allow our accident prediction and prevention solution to protect millions of users in Japan from non-line-of-sight collisions and contribute to a safer mobile society,â Mr. Elbaz concluded. Agreement with a global vehicle manufacturer⦠In mid-August, NASDAQ: FRSX announced that it had also an agreement]( two proof of concept (POC) projects with a leading global vehicle manufacturer. The vehicle manufacturer currently uses stereo cameras in its advanced driver assistance systems (ADAS), enabling 3D depth perception and distance analysis. These features can be used, for example, for adaptive cruise control and lane departure warning, ensuring a safer driving experience. The vehicle manufacturer has chosen to evaluate the companyâs stereo vision solutions to improve safety measures even further. "We believe that our collaboration with another leading global vehicle manufacturer validates the importance of Foresightâs technology in the automotive world and could lead to additional opportunities in the automotive sector. This vote of confidence from an important player in the automotive industry reinforces our commitment to develop advanced software-based vision solutions that will be widely implemented and could save lives by redefining road safety,â said Haim Siboni, NASDAQ: FRSX CEO. In summary⦠With plenty of cash on hand, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) is firing on all cylinders to create lucrative revenue-generating avenues. So many positive developments have happened recently, and it may just be a matter of time before Wall Street catches up to them. With STRONG BUY ratings and a price target about double compared to current prices, this may be the best time to add this emerging tech company to your radar! Copyright 2023 © SCDalerts.com is owned and operated by the owner of SCD Media LLC. Disclaimer and Privacy For more Information please contact info@smallcapsdaily.com This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment. Nothing on this website should be considered personalized financial advice. 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Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and its owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares, we will list the information relevant to the stock and the number of shares here. We do not own any shares in FRSX. We have been currently compensated up to Twenty Five Thousand Dollars Cash ($25,000) via bank wire transfer from a third-party IA Media, LLC for a 1 Day Marketing Program regarding FRSX with a start date of 9/20/2023. SCDâs business model is to receive financial compensation to promote public companies. 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