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Ageagle Aerial Systems eBee VISION completes proof-of-concept for DGAMPA

Ageagle Aerial Systems eBee VISION completes proof-of-concept for DGAMPA

Yahoo19-03-2025
AgEagle Aerial Systems (UAVS) announces the recent completion of a successful four-day proof-of-concept demonstration with France's Directorate General for Maritime Affairs, Fisheries, and Aquaculture, DGAMPA, testing eBee VISION's advanced capabilities. AgEagle CEO Bill Irby commented, 'This successful demonstration underscores the potential of the eBee VISION for enhancing maritime security and environmental protection efforts. Multiple flights were carried out in diverse conditions, both day and night. Our eBee VISION demonstrated outstanding performance, operating within a 20 km range and temperatures as low as 5 degrees C, as well as landing smoothly on sand. Throughout the trials, various observation scenarios were tested for maritime control and surveillance, all of which were completed with positive results. This success not only highlights the robust performance of our technology but also validates the potential for growth across various markets.'
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time9 hours ago

  • Yahoo

3 Dirt Cheap Stocks to Buy With $1,000 Right Now

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Yahoo

time20 hours ago

  • Yahoo

American Financial Banks on Renewal Pricing Amid Cost Woes

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Foresight Announces Plan for Reverse Share Split
Foresight Announces Plan for Reverse Share Split

Business Upturn

time20 hours ago

  • Business Upturn

Foresight Announces Plan for Reverse Share Split

Ness Ziona, Israel, Aug. 15, 2025 (GLOBE NEWSWIRE) — Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ('Foresight' or the 'Company'), an innovator in 3D perception systems, announced today that it plans to conduct a reverse share split of the Company's outstanding ordinary shares, no par value per share, at a ratio of 1-for-7 which is expected to be implemented at market open on the Tel-Aviv Stock Exchange on August 24, 2025 and on the Nasdaq Capital Market on August 25, 2025. There will be no change to the existing ratio of the number of ordinary shares represented by the Company's American Depositary Shares ('ADSs'). However, as a result of the reverse share split, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the reverse share split will be equal to or greater than the ADS price on a proportionate basis. 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(Nasdaq and TASE: FRSX) is a technology company developing advanced three-dimensional (3D) perception and cellular-based applications. Through the Company's controlled 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 3D perception systems include modules of automatic calibration and dense 3D point cloud that can be applied to different markets such as automotive, defense, autonomous driving, agriculture, heavy industrial equipment and unmanned aerial vehicles (UAVs). Eye-Net Mobile develops next-generation vehicle-to-everything (V2X) collision prevention solutions and smart automotive systems to enhance road safety and situational awareness for all road users in the urban mobility environment. 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For example, Foresight is using forward-looking statements in this press release when it discusses the expected timing of the reverse share split, its impact on its ADSs and its expectation that the reverse share split will help it maintain compliance with Nasdaq listing requirements. 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, 2024 filed with the Securities and Exchange Commission ('SEC') on March 24, 2025, and in any subsequent filings with the SEC. 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