Foresight Autonomous Holdings Ltd., a leading developer of advanced driver assistance systems, has signed another agreement for a pilot project to test its Eyes-On advanced driver assistance system with one of China’s top three largest car manufacturers.

This is the third pilot agreement the company has entered into with leading Chinese car manufacturers in recent months.

The objectives of the pilot project are to demonstrate the performance of Foresight’s accident prevention systems, which is based on 3-D technology, and to further study Chinese drivers’ requirements for driver assistance systems, taking into consideration local weather, infrastructure and common driving conduct.

The pilot project will be financed by the manufacturer, except for production, shipping and system installation costs of Foresight’s Eyes-On system. Moreover, the manufacturer will provide the company with the resources required for conducting the pilot project. The agreement defines the test procedure, its requirements and the criteria for its success in a quantitative manner. Eyes-On will be tested in controlled and uncontrolled environments, in varying speeds and against both predefined and incidental targets.

The parties will consider entering into a future commercial agreement based on the results of the pilot project.

The manufacturer is owned by the Chinese government and has a production capacity of millions of vehicles annually, including commercial vehicles, military vehicles and replacement parts for the automotive industry. In addition, the manufacturer has an investment arm specializing in locating technologies for the vehicle market.