Rail Vision(RVSN)
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Rail Vision: Quantum Transportation Delivers First Transformer-Based Neural Decoder for Universal Quantum Error Correction
Globenewswire· 2026-01-15 13:42
Core Insights - Rail Vision Ltd. has announced a significant technical breakthrough through its subsidiary Quantum Transportation, achieving a prototype of a transformer-based neural decoder aimed at enhancing quantum error correction (QEC) [1][3] Group 1: Technical Achievements - The new decoder utilizes advanced transformer architectures, demonstrating superior decoding accuracy and efficiency compared to classical algorithms like Minimum-Weight Perfect Matching (MWPM) and Union-Find [2] - The prototype has shown strong performance in simulations across various quantum error correction codes and realistic noise environments, indicating its generalizability and effectiveness [2][6] Group 2: Strategic Collaboration - The breakthrough supports the collaboration between Rail Vision and Quantum Transportation, combining their respective technologies to enhance railway safety and data analysis capabilities [3][4] - The companies are exploring long-term applications of the decoder's methodologies in Rail Vision's core technology, potentially advancing the concept of autonomous trains [3][5] Group 3: Future Developments - Quantum Transportation plans to develop a Quantum Error Correction Simulator powered by the patented transformer-based universal decoder, which aims to outperform classical decoders in both accuracy and speed [4][6] - The technology is designed to adapt to various quantum codes, including Surface, Color, Bicycle, and Product Codes, and incorporates advanced machine-learning techniques for error prediction and refinement [4][6]
Rail Vision: Quantum Transportation Delivers First Transformer-Based Neural Decoder for Universal Quantum Error Correction
Globenewswire· 2026-01-15 13:42
Achieves superior decoding accuracy and dramatically improved efficiency compared to leading classical algorithms Ra’anana, Israel, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, announced today that its majority owned subsidiary Quantum Transportation Ltd. (“Quantum Transportation”), a quantum computing innovator, has achieved a major ...
Rail Vision Successfully Completes Strategic Acquisition of Majority Stake in Cutting-Edge Quantum Computing Company for Transportation
Globenewswire· 2026-01-14 12:55
Core Viewpoint - Rail Vision Ltd. has completed the acquisition of a 51% ownership interest in Quantum Transportation Ltd., aiming to enhance railway safety and data-related technologies through innovative quantum error correction methods [1][4][3]. Group 1: Acquisition Details - Rail Vision acquired 51% of Quantum Transportation's issued and outstanding share capital, gaining majority ownership and control [4]. - The acquisition involved the issuance of 2,982,710 ordinary shares, representing approximately 4.99% of Rail Vision's total share capital, to former shareholders of Quantum Transportation [5]. - A convertible loan facility of up to $700,000 was extended to Quantum Transportation, with an annual interest rate of 8%, to support its operations and development [6]. Group 2: Technological Synergies - Quantum Transportation holds an exclusive sub-license for rail technologies related to a pending patent application in quantum error correction, which addresses challenges in quantum devices [2]. - The strategic combination of Rail Vision's advanced vision and railway safety technologies with Quantum Transportation's quantum-AI based IP is expected to create significant technological synergies and enhance product lines [3]. - The collaboration aims to accelerate innovation and support long-term value creation for stakeholders in the railway ecosystem [3]. Group 3: Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through AI-based technologies [7]. - The company aims to improve railway safety, efficiency, and reduce operational costs for railway operators, with potential advancements towards autonomous trains [7].
Rail Vision Advances Indian Market Entry with Demonstration for Senior Governmental Officials from Multiple Government Departments
Globenewswire· 2026-01-06 12:32
Core Insights - Rail Vision Ltd. is expanding its activities in India, having commenced a Proof of Concept (POC) for key stakeholders in the Indian Railway industry [1][2][6] - The Indian Railways is one of the largest networks globally, with a route length of 69,181 km and carrying 6.905 billion passengers annually in the 2023-24 fiscal year, generating revenues of approximately US$28.4 billion [3] - The POC aims to demonstrate Rail Vision's Mainline product capabilities under challenging local conditions, which is crucial for potential large-scale adoption [2][6] Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced artificial intelligence technology [7] - The company has developed systems designed to enhance safety, increase efficiency, and reduce costs for railway operators, with aspirations to advance autonomous train technology [7] Market Opportunity - The Indian market presents a significant growth opportunity for Rail Vision, supported by collaboration with local partner Sujan Industries and increasing stakeholder engagement [6][7] - The Indian Railways operates a fleet of over 17,000 locomotives, with a notable shift towards full electrification, indicating a progressive environment for technological advancements [4]
Rail Vision's Advanced Railway Safety Technology to Be Showcased at CES 2026 by Israel Railways
Globenewswire· 2026-01-02 12:39
Core Insights - Rail Vision Ltd. is an early commercialization stage technology company focused on revolutionizing railway safety and the data-related market, with its products to be showcased at CES 2026 through Israel Railways [1][4] Group 1: Company Overview - Rail Vision has developed AI-driven technologies aimed at enhancing railway safety, operational efficiency, and reducing costs for railway operators [4] - The company believes its technology can significantly improve railway safety globally and create value for all stakeholders in the train ecosystem, including passengers and freight companies [4] Group 2: Collaboration and Event Participation - Israel Railways, a long-term client of Rail Vision, will present Rail Vision's technologies at the Israel National Pavilion during CES 2026, highlighting their real-world applications [2][3] - David BenDavid, CEO of Rail Vision, will be present at the event to discuss the company's technologies and explore potential partnerships [3][4] Group 3: Technology Impact - Rail Vision's systems are currently in use by Israel Railways to detect obstacles, enhance safety, and improve operational efficiency on main lines [3] - The company aims to advance the concept of autonomous trains into practical reality through its innovative technologies [4]
Rail Vision Granted Key Patent in Europe for Advanced AI-Based Railway Collision Avoidance System
Globenewswire· 2025-12-15 13:32
Core Insights - Rail Vision Ltd. has been granted a European patent for its innovative railway collision avoidance method and system, enhancing its global intellectual property protection strategy [1][4] - The patented technology utilizes advanced electro-optical imaging and deep learning to detect potential obstacles in real time, significantly improving railway safety [2][3] - The company aims to revolutionize railway operations through AI and big data, with a focus on increasing safety and efficiency while reducing costs for railway operators [5] Technology Overview - The patented system employs a forward-looking single-spectrum or multispectral imaging approach, combined with a unique Convolutional Neural Network (CNN) for railway path determination [2] - A secondary CNN analyzes the vicinity of the identified path to detect hazards such as obstructions and impending end-of-rail effects [3] - The technology provides critical alarms for various hazards, supporting both manned and fully automated train operations [3] Strategic Positioning - The patent reinforces Rail Vision's position as an innovator in the railway sector, building on previous approvals in the United States, Japan, and India [1][4] - The company believes its technology will not only enhance safety but also facilitate the development of autonomous trains, creating significant value for the entire train ecosystem [5]
Rail Vision: Quantum AI Powers Next-Gen Rail Safety Breakthroughs
Globenewswire· 2025-12-12 13:37
Core Viewpoint - Rail Vision Ltd. has announced a strategic acquisition of 51% ownership in Quantum Transportation Ltd., aiming to enhance railway safety and data-related technologies through quantum computing and AI innovations [1][3]. Group 1: Acquisition Details - The acquisition is expected to close between late December 2025 and early January 2026, pending customary closing conditions [1]. - Rail Vision will issue ordinary shares representing approximately 4.99% of its issued and outstanding share capital to certain Quantum Transportation shareholders in exchange for their full holdings [4]. - A convertible loan of up to $700,000 will be extended to Quantum Transportation at an 8% annual interest rate to support its operations and development roadmap for the next 18 months [5]. Group 2: Technology and Innovation - Quantum Transportation holds an exclusive sublicense for a pending patent application in quantum error correction, which addresses challenges in noisy intermediate-scale quantum devices [2]. - The machine learning-based universal decoder technology from Quantum Transportation is expected to significantly improve quantum error correction, making it adaptable across various hardware platforms [6]. - Rail Vision aims to leverage this technology for transportation applications, enhancing capabilities in anomaly detection, predictive maintenance, and autonomous rail operations [7]. Group 3: Strategic Goals - The combination of Rail Vision's advanced vision and railway safety technologies with Quantum Transportation's quantum-AI based IP is anticipated to create technological synergies and accelerate innovation [3]. - The strategic acquisition is positioned to support long-term value creation for stakeholders by enhancing Rail Vision's current and future product lines [3].
Rail Vision acquires 51% interest in Quantum Transportation
Yahoo Finance· 2025-12-02 13:31
Rail Vision (RVSN) “announced the signing of an agreement for a strategic transaction to acquire 51% ownership of Quantum Transportation Ltd., a cutting-edge quantum computing and AI company specializing in error correction technologies. The closing of the Acquisition is expected to close in late December 2025 to early January 2026, subject to the satisfaction of customary closing conditions. Quantum Transportation holds an exclusive sub license, for rail technologies and platforms, for an innovative pendi ...
Rail Vision Enters the Quantum Transportation Market with Strategic Acquisition Agreement
Globenewswire· 2025-12-01 13:19
Ra’anana, Israel, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, today announced the signing of an agreement for a strategic transaction to acquire 51% ownership of Quantum Transportation Ltd. (the “Acquisition” and “Quantum Transportation”), a cutting-edge quantum computing and AI company specializing in error correction technologies. ...
Rail Vision Signs Term Sheet to Boost Growth with Advanced AI Acquisition of 51% Stake in Quantum Transportation
Globenewswire· 2025-10-09 10:55
Core Viewpoint - Rail Vision Ltd. has announced a strategic acquisition to acquire 51% of Quantum Transportation Ltd., aiming to combine quantum computing capabilities with its railway safety technologies, which could create significant synergies and enhance product offerings [1][2]. Acquisition Details - The acquisition involves Rail Vision issuing ordinary shares representing approximately 4.99% of its share capital to select Quantum Transportation shareholders in exchange for their full holdings, ensuring majority control post-closing [3]. - Rail Vision will also extend a convertible loan of up to $700,000 to Quantum Transportation at an 8% annual interest rate, to support ongoing operations and development [3]. Technology and Innovation - Quantum Transportation's patented machine learning-based universal decoder addresses quantum error correction, which is crucial for scalable quantum computing, and is adaptable across various hardware platforms [4]. - The integration of this technology into Rail Vision's operations is expected to enhance capabilities in anomaly detection, predictive maintenance, and autonomous rail operations, tapping into the growing quantum computing market [4]. Transaction Timeline - The transaction is subject to the signing of definitive agreements and key milestones, with an expected closing within the next 60 days, pending regulatory approvals [5]. Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced AI technologies designed for railways, aiming to increase safety and efficiency while reducing costs for railway operators [6].