08:48 AM EST, 12/06/2024 (MT Newswires) -- Foresight Autonomous Holdings ( FRSX ) said Friday that it has signed a multi-phase agreement with South Korean electric bus manufacturer Bumhan Motors to develop 3D perception tools for semi- and fully autonomous electric buses.

Financial terms of the agreement were not disclosed.

The partners intend to finalize a commercial agreement by the end of Q1, Foresight said.