Rail Vision Received Approval from Alstom to Install the AI Main Line system on its Locomotives
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: GlobeNewswire
Alstom is a French multinational rolling stock manufacturer that operates in rail transport markets worldwide Ra’anana, Israel, March 26, 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, today announced it has received an approval from Alstom SA, a global leading rolling stock manufacturer, to install the Company's AI-driven Main Line system on Alstom's locomotives. The approval is a part of the previously announced first commercial installation of the Company with a national railways line, Israel Railways. Israel Railways, has purchased ten Rail Vision Main Line system to be installed on Alstom’s locomotives. Alstom's confirmation serves as a testament to the exceptional quality of the Main Line system, which has surpassed the rigorous standards of its locomotive systems. This approval solidifies the system's reliability, safety and overall performance.
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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