The cooperation targets defense, robotics and unmanned systems opportunities in South Korea, Japan, India, Singapore and global markets

NESS ZIONA, Israel, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) ("Foresight" or the "Company"), an innovator in 3D perception systems, today announced that it has entered into a Strategic Cooperation Agreement with VisionWave Holdings, Inc. (NASDAQ:VWAV) ("VisionWave") to jointly advance next-generation autonomous defense and unmanned ground vehicle technologies.

The strategic cooperation establishes a framework to integrate Foresight’s advanced stereoscopic 3D perception and computer vision technology, utilizing visible-light and infrared cameras and advanced image-processing algorithms, into VisionWave’s VARAN™ modular autonomous unmanned ground vehicle (UGV) platform.

The collaboration is designed to advance the development of intelligent autonomous defense systems capable of enhanced environmental perception, object detection, distance measurement and three-dimensional situational awareness, including in challenging weather, poor visibility and low-light operating environments.

Under the agreement, Foresight and VisionWave intend to jointly develop an autonomy-enabled VARAN UGV incorporating Foresight’s advanced perception technology, combining VisionWave’s modular autonomous ground platform with Foresight’s sensing and machine-vision capabilities, subject to the negotiation and execution of one or more definitive agreements.

The companies expect the strategic cooperation to encompass technology development and integration, autonomous systems, advanced sensing, defense robotics, demonstrations, proof-of-concept programs, customer evaluations, business development, potential serial production and commercialization opportunities.

The agreement establishes a coordinated business development framework targeting defense and military applications.

Foresight will allocate business development resources to promote VisionWave’s VARAN UGV platform across Asia, initially focusing on South Korea, Japan, India and Singapore. VisionWave will have the right to promote military-oriented solutions incorporating Foresight technology globally, subject to mutually approved opportunities and applicable regulatory requirements.

The companies will also cooperate on demonstrations, technical briefings, proof-of-concept activities and customer engagements designed to introduce the integrated autonomous platform to prospective defense customers, integrators and strategic partners.

A joint steering committee has been established to coordinate technology development and business development activities, including the identification and advancement of potential customer opportunities.