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Stock impact report

Rail Vision Announces Fourth Quarter and Full Year 2023 Financial Results

Rail Vision Ltd. - Ordinary Shares (RVSN) 
Company Research Source: GlobeNewswire
RA’ANANA, Israel, March 28, 2024 (GLOBE NEWSWIRE) --  Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), a development stage technology company seeking to revolutionize railway safety and the data-related market, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. “In 2023, while we faced challenges and were presented with new business opportunities, it was a year marked by significant progress and milestones for Rail Vision. We sold our first systems, demonstrating the market’s confidence in our technology and laid the groundwork for future success. At the beginning of 2024, we secured a fundraising that strengthens our cash position, enabling us to execute our business plans,” commented Shahar Hania, CEO of Rail Vision.  “Since then, we have expanded our footprint in the U.S., forged partnerships with industry leaders like Nvidia, and secured additional purchase orders from U.S.-based railway companies, as we take the fi Show less Read more
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