Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
May 08 2024 - 7:59AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
under
the Securities Exchange Act of 1934
For
the month of: May 2024
Commission
file number: 001-38094
FORESIGHT
AUTONOMOUS HOLDINGS LTD.
(Translation
of registrant’s name into English)
7
Golda Meir
Ness
Ziona 7403650 Israel
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
CONTENTS
Attached
hereto and incorporated herein is Foresight Autonomous Holdings Ltd.’s (the “Registrant”) press release issued on May
8, 2024, titled “Foresight Leverages NVIDIA Jetson Orin to Introduce Novel 360-degree 3D Perception Solution.”
The
press release is incorporated by reference into the Registrant’s Registration Statements on Form F-3 (File No. 333-276709) and
Form S-8 (Registration Nos. 333-229716, 333-239474 and 333-268653), filed with the Securities and Exchange Commission, to be a part thereof
from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
Foresight
Autonomous Holdings Ltd. |
|
(Registrant) |
|
|
|
Date:
May 8, 2024 |
By: |
/s/
Eli Yoresh |
|
Name:
|
Eli
Yoresh |
|
Title: |
Chief
Financial Officer |
Exhibit
99.1
Foresight
Leverages NVIDIA Jetson Orin to Introduce Novel 360-degree 3D Perception Solution
NVIDIA
Jetson AGX Orin system-on-module is used to accelerate autonomous agriculture and heavy machinery projects
Ness
Ziona, Israel – May 8, 2024 - Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”),
an innovator in automotive vision solutions, has announced a major breakthrough with the development of Dragonfly Vision™, its
cutting-edge 360-degrees 3D perception solution, based on the NVIDIA Jetson AGX Orin platform, designed for power-optimized autonomous
machines.
By
using the significant artificial intelligence (AI) computing power of the NVIDIA Jetson AGX Orin platform, Foresight can create
an all-around obstacle detection solution, including the detection of non-classified objects. The NVIDIA Jetson AGX Orin module supports
up to six stereo channels to achieve complete coverage around any type of vehicle.
Through
advanced algorithms and AI, Dragonfly Vision enables unprecedented accuracy and road surface coverage, offering groundbreaking, cost-effective
solutions compared to traditional LiDAR systems. This innovative obstacle detection solution has the potential to revolutionize safety
and efficiency across a wide range of industries, ranging from the automotive industry to heavy machinery and agricultural equipment.
Delivering
a ground-breaking performance of 275 trillion operations per second (TOPS) and achieving an impressive 8x multiple performance leap over
the previous generation, Jetson Orin modules are ideally suited for the evolving landscape of autonomous machines, such as industrial
and heavy equipment vehicles.
About
Foresight
Foresight
Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) is a technology company developing smart multi-spectral vision software solutions and
cellular-based applications. Through the Company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive
Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight”
accident-prevention solutions.
Foresight’s
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 Mobile’s 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.
For
more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.foresightauto.com, follow @ForesightAuto1
on Twitter, or join Foresight Automotive on LinkedIn.
Forward-Looking
Statements
This
press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,”
“plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such
words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release
when it discusses its ability to create an all-around obstacle detection solution that enables unprecedented accuracy and road surface
coverage, that its obstacle detection solution has the potential to revolutionize safety and efficiency across a wide range of industries,
and the belief that NVIDIA Jetson AGX Orin modules are ideally suited for the evolving landscape of autonomous machines. Because such
statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties,
and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements
in this press release.
The
forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed
under the heading “Risk Factors” in Foresight’s annual report on Form 20-F for the fiscal year ended December 31, 2023
filed with the Securities and Exchange Commission (“SEC”) on March 27, 2024, and in any subsequent filings with the SEC.
Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to
websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this
press release. Foresight is not responsible for the contents of third-party websites.
Investor
Relations Contact:
Miri
Segal-Scharia
CEO
MS-IR
LLC
msegal@ms-ir.com
917-607-8654
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