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Rail Vision Advances Strategic Collaboration with Israel Railways Cargo Division
Globenewswire· 2026-02-06 13:32
Core Viewpoint - Rail Vision Ltd. is advancing its collaboration with Israel Railways by deploying its ShuntingYard product, aiming to enhance railway safety and operational efficiency [1][4]. Group 1: Collaboration and Product Development - Israel Railways has successfully installed Rail Vision's MainLine systems on its locomotives, marking a significant step in the evaluation of the ShuntingYard product for potential adoption [2][4]. - The ShuntingYard product is designed for the unique stop-and-go dynamics of rail yards, utilizing electro-optical sensors and real-time AI to improve situational awareness for locomotive drivers [3][5]. Group 2: Pilot Evaluation - Rail Vision and Israel Railways have agreed to conduct a one-month evaluation pilot of the ShuntingYard system, following a successful initial demonstration [4]. - The pilot aims to familiarize the cargo team with the system's performance under local conditions and gather operational feedback [4]. Group 3: Industry Impact and Future Plans - The collaboration is expected to positively impact railway safety in Israel and globally, as stated by the acting CEO of Israel Railways [5]. - Following the pilot, Rail Vision and Israel Railways plan to explore deployment options that could enhance safety, operational efficiency, and reduce maintenance costs [5]. Group 4: Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced AI technology [6]. - The company's solutions aim to save lives, increase efficiency, and reduce costs for railway operators, with the potential to advance autonomous train technology [6].
Rail Vision: Quantum Transportation Unveils Transformer Neural Decoder That Outperforms Classical QEC Algorithms in Simulations
Globenewswire· 2026-02-05 13:28
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 Breakthrough - The first-generation transformer-based neural decoder is a code-agnostic solution designed to improve scalable quantum error correction [1] - The decoder utilizes advanced transformer architectures, demonstrating superior decoding accuracy and efficiency in simulations compared to classical algorithms like Minimum-Weight Perfect Matching (MWPM) and Union-Find [2] Group 2: Collaboration and Future Applications - The breakthrough supports ongoing collaboration between Rail Vision and Quantum Transportation, combining their respective technologies to enhance railway safety and data analysis [3] - The companies are exploring long-term applications of similar data analysis methodologies in Rail Vision's core technology, which focuses on railway safety and efficiency [3] Group 3: Quantum Transportation Overview - Quantum Transportation aims to develop a Quantum Error Correction Simulator powered by a patented Transformer-based Universal Decoder, which generalizes across quantum codes and learns from noise patterns [4] - The patented Deep Quantum Error Correction Transformer (DQECCT) introduces a machine-learning decoder that optimizes error correction across various quantum codes, including Surface, Color, Bicycle, and Product Codes [4] Group 4: Rail Vision Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through AI-based technologies [5] - The company aims to enhance railway safety, increase operational efficiency, and reduce costs for railway operators, with aspirations to advance autonomous train technology [5]
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
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 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
Core Insights - Rail Vision (RVSN) has signed an agreement to acquire 51% ownership of Quantum Transportation Ltd., a company specializing in quantum computing and AI technologies focused on error correction [1] - The acquisition is expected to close between late December 2025 and early January 2026, pending customary closing conditions [1] - Quantum Transportation holds an exclusive sub-license for rail technologies related to a pending patent application in quantum error correction owned by Ramot, the technology transfer company of Tel Aviv University [1] Company Strategy - The acquisition aims to combine Quantum Transportation's quantum-AI intellectual property with Rail Vision's advanced vision and railway safety technologies [1] - The transaction will involve Rail Vision issuing ordinary shares representing approximately 4.99% of its issued and outstanding share capital to certain shareholders of Quantum Transportation in exchange for their full holdings [1] - This strategic move is intended to secure majority control of Quantum Transportation post-closing [1] Technological Impact - The intellectual property and know-how from Quantum Transportation address critical challenges in noisy intermediate-scale quantum devices, enabling efficient real-time decoding of surface code errors [1] - This technology significantly reduces computational overhead compared to traditional methods and supports scalable fault-tolerant quantum computing [1]