Foresight: Eye-Net Signs LOI for V2X Pilot Project in Manila

Foresight Autonomous Holdings Ltd. announced that its subsidiary, Eye-Net Mobile Ltd., has entered into a non-binding Letter of Intent (LOI) with the City of Muntinlupa in the Philippines. This LOI signifies an intention to cooperate on smart urban mobility, collision prediction, and road user protection. The pilot project, involving at least 8,000 road users, will test Eye-Net’s vehicle-to-everything (V2X) technology. Successful completion could lead to a binding agreement for integrating Eye-Net’s SDK into a Muntinlupa mobile application, providing collision-avoidance alerts and emergency services. This collaboration marks a potential expansion for Eye-Net into smart-city applications in Southeast Asia, aiming to enhance urban resilience and road safety.