Rail Vision Wins US Order Advancing Railway Safety with AI Technology
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: GlobeNewswire
The customer is a large Class 1 freight rail company in the US Ra’anana, Israel, April 09, 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, recently announced its latest achievement: securing an order for its innovative AI-powered Switch Yard System from a Class 1 freight rail company in North America. This order, previously announced, represents a significant vote of confidence in Rail Vision’s technology and a milestone in the company's expansion into the North American market, setting a new precedent for safety and efficiency in rail operations. The freight rail company, which is one of the largest in North America, will install and use the system on its locomotive for evaluation and testing different scenarios related to safety. Shahar Hania, CEO of Rail Vision, said: "We believe that this new order marks a significant milestone for Rail Visi
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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