Rail Vision Announces First-Ever Commercial Installation of its AI-Driven Systems in a National Railways Line
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: GlobeNewswire
This commercial installation follows the purchasing of 10 Rail Vision Main Line Systems for $1.4 million Ra’anana, Israel, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, today announces the first ever commercial installation of its AI-driven Main Line Systems in a national railways line, marking a significant milestone in the Company's journey towards revolutionizing railway safety and efficiency. A successful evaluation process resulted the purchase of ten Rail Vision Main Line Systems for $1.4 million by Israel Railways. Leveraging advanced artificial intelligence (AI) algorithms and cognitive vision sensors, Rail Vision's Main Line Systems offer unparalleled capabilities in real-time threat detection, predictive maintenance and operational optimization. "We are thrilled to announce the commercial deplo
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News
- Rail Vision score major US order advancing railway safety using its AI technology [Yahoo! Finance]Yahoo! Finance
- Rail Vision Seeks to Expand US Market Reach with AI- Driven Safety Systems Through Distribution EngagementGlobeNewswire
- Rail Vision gets $1 mln order out of contract valued at up to $5 mln [Seeking Alpha]Seeking Alpha
- Rail Vision Received $1 Million Order out of a Contract Valued at Up to $5 Million with Leading US-Based Rail and Leasing Services Company [Yahoo! Finance]Yahoo! Finance
- Rail Vision Received $1 Million Order out of a Contract Valued at Up to $5 Million with Leading US-Based Rail and Leasing Services CompanyGlobeNewswire
RVSN
Sec Filings
- 4/24/24 - Form EFFECT
- 4/12/24 - Form F-3
- 4/11/24 - Form 6-K
- RVSN's page on the SEC website