Foresight Autonomous has announced an additional sale of a prototype of its QuadSight four-camera vision system targeted for the semi-autonomous and autonomous vehicle market.
The prototype system was ordered by the American division of an unnamed South Korean vehicle manufacturer.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Revenue from the prototype system sale is expected to total tens of thousands of dollars.
This is the second prototype system sale which resulted from technological demonstrations carried out in the Silicon Valley and Detroit in July, 2019.
"The sales validate the importance of the company's strategy to perform real-time demonstrations of the QuadSight system to vehicle manufacturers and Tier One suppliers," said a Foresight statement.
The supplier expects to receive prototype orders from additional potential customers as a result of recent technological demonstrations completed in Japan, France, the US and Germany.
"By selling additional prototypes, Foresight intends to increase awareness of its solutions, address potential customers and expand its presence with vehicle manufacturers and Tier One automotive suppliers," added the supplier.
"Foresight believes closer evaluation of the technology by potential customers may lead to future collaboration in research and development, integration, production and other areas."
