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FORESIGHT AUTONOMOUS HOLDINGS INVESTOR CONFERENCE
March 2020
NASDAQ/TASE: FRSX
FORWARD LOOKING STATEMENT
2
• This presentation of Foresight Autonomous Holdings Ltd. (the “Company”) contains “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act and other 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 presentation when it discusses the potential of its products, market trends and potential, milestones, sales targets and
sales potential.
• Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which,
by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance
that management’s expectations, beliefs and projections will be achieved and actual results may differ materially from what is expressed in or
indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance
or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties
affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”)
including, but not limited to, the risks detailed in the Company’s registration statement on Form 20-F, filed with the SEC. Forward-looking statements
speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual
results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the
extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that
the Company will make additional updates with respect thereto or with respect to other forward-looking statements. The Company takes no
responsibility for the content of any third parties, including third parties that are referenced in this presentation. All content in this presentation
regarding Rail Vision Ltd. has been prepared by Rail Vision and is the responsibility of Rail Vision.
CONFIDENTIAL
FORESIGHT INTRO
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• Technology company focused on consumer and military vehicle safety using proprietary “line-of-sight”
vision systems and “beyond-line-of-sight” cellular applications.
• Positioning : Best In Class obstacle detection in ordinary and harsh weather using stereo-vision Thermal
IR for passenger, commercial, public and military vehicles, as well as a cellular-based V2X accident
prevention solution.
• Market Traction: Commercial deal with Elbit in military, and sales of prototype systems to major
automotive OEMs and Tier Ones in China, US, EUR; Eye-Net demoing with Mobility tech suppliers
• 2020 will generate expansion of prototype sales, POCs and Commercial Sales and Licenses
• Expect Passenger Vehicle Commercial volumes in 2022
• Total employees: 70 employees, over 50% are R&D (2 Ph.Ds)
• Location: Ness Ziona, ISRAEL
CONFIDENTIAL
STRUCTURE
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23.20% 76.80%
Public
Float
AUTOMOTIVE
100% 24.12% Vision based accident prevention
and autonomous driving systems
Cellular-based V2X system Vision-based systems for railway
safety, security and maintenance
Foresight Autonomous Holdings (FRSX)
100%
AUTOMOTIVE
CONFIDENTIAL
FORESIGHT VALUE PROPOSITION
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Core Technology
• Stereo vision fusing sensing system, using thermal and visible-light cameras
Technology Leadership
• Enable vehicles to operate safely in harsh weather and lighting conditions
Field Proven
• Mature technology adapted from operational surveillance applications
Advanced Technology Readiness
• Automotive-grade, cost-effective solution for a wide range of markets
Customizable Solution
• Meeting the needs of different automotive markets and applications
Patents
• USA – 1 granted and one pending; Europe: 3 pending; China, Israel: 2 pending
CONFIDENTIAL
MARKETS
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Passenger Vehicle Public Transport Military Vehicles
Heavy Machinery Vehicles Commercial Vehicles
Cornell University Research (April 2019) - “Researchers found that accuracy of a stereo camera is superior and can be a viable and low-cost alternative to LiDAR”
CONFIDENTIAL
LEVELS OF DRIVING TECHNOLOGY FOCUSING ON LEVELS 2-3 NOW AND 4-5 AS MARKET MATURES
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Source: https://www.sae.org/news/2019/01/sae-updates-j3016-automated-driving-graphic
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FORECAST BY LEVELS OF DRIVING TECHNOLOGY
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Source: Imaging for automotive 2019 , Yole Development June 2019
Level 0 Level 1 Level 2 Level 3
Level 4 Level 5 Robotic cars produced Robotic cars cumulated
CONFIDENTIAL
QUADSIGHT® FOR AUTOMOTIVE
9 CONFIDENTIAL
QUADSIGHT® CAPABILITIES – THERMAL ADVANTAGE
10 CONFIDENTIAL
QUADSIGHT® CAPABILITIES - FUSION
11 CONFIDENTIAL
ENGAGEMENT IN AUTOMOTIVE
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• Real time demonstrations in USA, Europe and Japan with global OEMs and Tier One suppliers to
understand QuadSight® superiority over competing technologies
• Feedback - impressed by the combination of software/algorithm and the true image displayed by 2 sets of
stereoscopic cameras (visible and IR)
• To date, 8 prototypes systems were sold worldwide to different automotive verticals
• Moving towards proof of concept (POC) with vehicle manufacturers and Tier One suppliers
CONFIDENTIAL
BUSINESS HIGHLIGHTS TO DATE
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• Commercial agreement with Elbit Systems
• Technological agreement with a Chinese partner
• Distribution agreement with Cornes Technologies (Japan)
• Prototype sales:
• 8 QuadSight® prototype systems sold OEMs and Tier One suppliers from different market segments worldwide (Defense, Commercial, Passenger, Electrical vehicles)
CONFIDENTIAL
MAIN AGREEMENTS
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Technological Agreement with Chinese Tier One (June 2019)
• Chinese Tier One supplier develops automated safety solutions for Chinese automotive OEMs
• Aim to integrate QuadSight® into 2 existing projects of the supplier
• Agreement includes sale of a QuadSight ® prototype system
• Foresight and supplier have applied for Israel-China bilateral governmental funding programs
First Commercial Agreement – Elbit Systems (June 2019)
Agreement highlights:
• Software license – ($Ks per license) starts Q4 2020/Q1 2021
• Support & maintenance for additional $
• Modifications entail additional $
• Exclusive rights in Israel and globally
Milestones ahead:
• Expecting additional orders for generic prototypes for Elbit’s end customers 2020
• Expecting a development tailored prototype order for Elbit’s end customers 2020
CONFIDENTIAL
GEO TARGETS
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NORTH
AMERICA
ASIA EUROPE
JAPAN
AFRICA
SOUTH
AMERICA
CONFIDENTIAL
Award-Winning Technology
CES Innovation Awards (2019)
Edison Awards
Gold Winner (2019)
AWARDS
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CES Innovation Awards (2019)
New Mobility World Lab18 Startup Challenge
(2018)
Edison Awards Gold Winner
(2019)
BIG Innovation Awards (2020)
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ABOUT EYE-NET MOBILE
• Engaged in development of a revolutionary V2X cellular-based smartphone safety platform
• Relies on existing cellular infrastructures and requires no hardware or special certification
• Dozens of successful demos (municipalities, telecommunication companies, Automotive OEMs) (USA,
Europe, Israel)
• Revenue model includes licenses and user fees
• Patents – one pending PCT (international Patent Cooperation Treaty) + pending applications in the USA &
ISR.
• 4 Trials / Integrations – 2 local municipalities + 1 integration (CSP) + 1 large-scale trial in Israel
• 20 employees (FTE)
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18 18
34%
23%
3%
22%
18%
Americas
48%
11% 5%
27%
9%
Europe
40%
9%
4%
40%
7%
Africa
39%
15%
2%
34%
10%
Eastern Mediterranean
16%
43%
2%
14%
25%
South East Asia
22%
36%
6%
22%
14%
Western Pacific 29%
28% 3%
23%
17%
?
World Health Organization , 2018
World
DISTRIBUTION OF DEATH BY ROAD USER TYPE BY REGION
Other
CONFIDENTIAL
19 19
HOW IT WORKS
Each of the installed
mobile devices is
aware of its location
and constantly
transmits it to Eye-
Net™ servers
1
The Eye-Net™
servers send the
location of other
devices in the vicinity
to each device,
effectively making
devices aware of the
road users around it
The Eye-Net™
application constantly
searches for
potentially dangerous
conditions or
collisions
Once a potential
collision is detected,
immediate visual
and audio alerts are
sent out to all users
involved
2 3 4
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EYE-NET SOLUTIONS & BUSINESS MODEL
!
Protect
Integrated real-time alerts to user’s
smartphones of vulnerable
conditions
App driven real-time alerts and
notifications, enhanced map
information and automatic e-call
service
Safety trends and actionable insights
based on state-of-the-art artificial
intelligence system
Analyze Predict
Offering Mobile SDK
Revenue model Free or License
• 3
rd party Apps
• Mobile Carrier Apps
• Car OEMs
• Infotainment systems
Availability Q1-2020
Offering Standalone App
Revenue model License
Availability Q4-2020
Offering • Data as service
• Dashboard
Revenue model License / Per API
Availability Q2-2021
• Car OEMs
• Leasing & rental Cos
• Infotainment systems
• City planners • Statutory authorities • Auto tech developers • Mapping companies • Research groups
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FORECAST OF SMARTPHONE-BASED DRIVER SAFETY SERVICES
Source : (Based on) Ovum TMT intelligence | Grabbing the Attention of Distracted Drivers, The opportunity for MNOs in driver safety initiatives | 12 Feb 2019
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EYE-NET ACHIEVEMENTS AND PLANNED MILESTONES
Achievements
Sep-16 • Project initiation
Mar-18 • Multi-participants trial
May-18 • Eye-Net Mobile establishment
• Smart infrastructure integration trial
Aug-18 • Integration with local CSP
Feb-19 • Smart transportation trial
Jul-19 • Large scale trial
Jan-20 • SDK version
Partner Program Milestones
Euro Partners
• OEM Connected Car Divisions (in process)
• Scooter / Fleet Management Company (primary
negotiations)
• Telco (primary negotiations)
Goals
• System & Specs Validation
• Consolidate Final Product design requirements
• Business Engagement for Large-scale deployment
• Case study for edge computing and 5G
infrastructure
CONFIDENTIAL
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ABOUT RAIL VISION
• Technology company engaged in the design, development and manufacture of the first cognitive vision and
safety system for the railway industry
• State-of-the-art long-range obstacle detection system:
• Revolutionize train operational safety
• Provide condition-based maintenance
• Generate analyzed data for security, maintenance and environmental applications
• Direct sales to railway operators
• Strategic marketing cooperation with railway integrators
• FRSX share of Rail – 24.12%
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RAIL - MAIN HIGHLIGHTS
• March 2019 - $10 million strategic investment by Knorr-Bremse (KB) – Leading Tier One in railway
industry
• Advanced Negotiations with Leading European Train Operator for First Commercial Agreement
(a 3M euro deal with an option for additional 3.5M euro)
• 2020 as the first year for sales – sale potential of over 1000 of systems in 2020/21
• R&D:
• Switch Yard (SY – 200 meters) – Final stages
• Main Line (ML – 1000 meters) – Q3 2020
• Light Rail Vehicle (LRV) – Q3 2020
• Image-based navigation (IBN) – Q2 2020
CONFIDENTIAL
FORESIGHT MILESTONES 2020
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Initiate a POC project with a passenger OEM/ Tier One supplier
Initiate a POC project with leading heavy machinery vehicle manufacturer
Expecting additional orders for generic prototypes for Elbit’s end customers
Expecting a development tailored prototype order for Elbit’s end customers
Commercial agreement with an Elbit end-customer to use QuadSight®
SDK development completion for Eye-Net
Cooperation/integration with leading mobility application
First commercial agreement with a leading train operator (6.5M euro potential)
POC with a leading train operator
CONFIDENTIAL
BALANCE SHEET & CAPITALIZATION
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Cash & Short-term deposits $10,060
Marketable equity securities $23
Other Current Assets $613
Total Current Assets $10,696
Long-term Assets $8,638
Total Assets $19,334
Current Liabilities $2,039
Long-term Liabilities $1,007
Total Liabilities $3,046
Total Equity $16,288
Total Liabilities & Equity $19,334
Balance Sheet 12/31/19 (Thousands) Cap Table Highlights
Common Stock Outstanding 154.6M
American Depositary Shares $0.88*
Market Cap $27.2M
Options Outstanding 16.41M
Weighted Average Exercise Price
$0.63
RSUs Outstanding -
Warrants Outstanding 40.98M
Fully Diluted Shares (Treasury Method)
212M
*As of 03/07/20
CONFIDENTIAL
