Foresight Autonomous Holdings Ltd, formerly Asia Development (EDBM) Ltd, is an Israel-based company, which is engaged in the technology sector. The Company is engaged in the design, development and commercialization of three dimensional (3D) multi-camera-based Advanced Driver Assistance Systems (ADAS). Foresight Autonomous Holdings Ltd, though its subsidiary, develops systems for accident prevention, which are designed to provide information about the vehicle’s surroundings while in motion. The Company’s systems are based on 3D technology, algorithms and artificial intelligence. The Company’s platform, namely Eyes-On, is a 3D detection technology for autonomous driving. Foresight Autonomous Holdings Ltd is a subsidiary of Magna BSP Ltd.