[Company Overview & Highlights](index=1&type=section&id=Company%20Overview%20%26%20Highlights) Rail Vision reported strong revenue growth and significant operational progress for the full year 2024, driven by key orders and market expansion [Executive Summary](index=1&type=section&id=Executive%20Summary) Rail Vision achieved strong revenue growth and operational progress in 2024, securing over **$34 million** in funding and transforming its business model to a comprehensive railway safety and analytics ecosystem - 2024 was a transformative year for Rail Vision, securing over **$34 million in funding**, delivering key orders to global industry leaders, and strengthening its U.S. market presence[2](index=2&type=chunk) - The company is moving beyond hardware to a complete railway safety and analytics ecosystem by expanding fleet management, data services, and cloud integration[2](index=2&type=chunk) [About Rail Vision Ltd.](index=5&type=section&id=About%20Rail%20Vision%20Ltd.) Rail Vision is an AI-based technology company revolutionizing railway safety and data, aiming to enhance efficiency and advance autonomous train operations - Rail Vision is a development stage technology company seeking to revolutionize railway safety and the data-related market with cutting-edge, artificial intelligence-based technology[13](index=13&type=chunk) - The company's railway detection and systems are designed to save lives, increase efficiency, dramatically reduce expenses for railway operators, and potentially advance autonomous trains[13](index=13&type=chunk) [Operational & Strategic Progress](index=1&type=section&id=Operational%20%26%20Strategic%20Progress) Rail Vision achieved significant commercial milestones in 2024-2025, securing new orders, completing national rail installations, and entering the Indian market [Commercial Execution & Global Expansion](index=1&type=section&id=Commercial%20Execution%20%26%20Global%20Expansion) Rail Vision achieved significant commercial milestones in 2024-2025, securing new orders, completing national rail installations, and entering the Indian market - Received a purchase order from a Central American freight operator for its MainLine system in early 2025[4](index=4&type=chunk) - Completed the first deliveries of MainLine systems related to a **$1.4 million** order from Israel Railways in 2024, marking the first-ever national rail installation of the Company's AI-based tech[4](index=4&type=chunk) - Secured an initial **$1 million** order in January 2024 from a leading U.S.-based rail services company, followed by a **$200,000** follow-on order in June 2024[4](index=4&type=chunk) - Entered the Indian market through a non-binding MOU with Sujan Ventures, targeting thousands of locomotives operated by Indian Railways[4](index=4&type=chunk) [Product Innovation](index=1&type=section&id=Product%20Innovation) The company advanced its product portfolio by launching an Active Control System for semi-autonomous train operation and introducing D.A.S.H., a proprietary SaaS platform designed to provide real-time operational insights and enhance safety - Launched an Active Control System enabling semi-autonomous train operation in collaboration with a U.S. rail company[4](index=4&type=chunk) - Introduced D.A.S.H., a proprietary SaaS platform delivering real-time operational insights and enhanced safety[4](index=4&type=chunk) [Milestones and IP Protection](index=2&type=section&id=Milestones%20and%20IP%20Protection) Rail Vision gained regulatory approval for its MainLine System, triggering a **$300,000** payment, and strengthened IP with new patents in the U.S. and Japan - Gained regulatory approval from Israel Railways for its MainLine System, unlocking a **$300,000** milestone payment[5](index=5&type=chunk) - Secured a U.S. patent and received a notice of allowance in Japan for its AI-powered obstacle detection system[5](index=5&type=chunk) [Financial Performance & Position](index=2&type=section&id=Financial%20Performance%20%26%20Position) Rail Vision's financial performance in 2024 showed significant revenue growth, but also a widened GAAP net loss primarily due to revaluation expenses, while its cash position substantially improved from financing activities [Full Year 2024 Financial Results](index=2&type=section&id=Full%20Year%202024%20Financial%20Results) FY2024 revenues surged **815%** to **$1.3 million**, operating loss decreased **21%**, but GAAP net loss widened **175.5%** to **$30.7 million** due to revaluation expenses Full Year 2024 Key Financials (in thousands) | Metric | FY2024 | FY2023 | Change (%) | | :-------------------------------- | :----- | :----- | :--------- | | Revenues | $1,300 | $142 | 815.5% | | Research & Development Expenses | $5,279 | $7,145 | -26.1% | | General & Administrative Expenses | $4,175 | $4,339 | -3.8% | | Operating Loss | $(9,004) | $(11,403) | -21.0% | | Revaluation of derivatives and warrants liabilities | $(20,181) | $0 | N/A | | Other financial expenses (income), net | $(1,523) | $255 | N/A | | GAAP Net Loss | $(30,708) | $(11,148) | 175.5% | | GAAP Loss Per Share | $(1.85) | $(4.30) | -57.0% | | Non-GAAP Net Loss | $(10,129) | $(10,875) | -6.9% | | Non-GAAP Loss Per Share | $(0.61) | $(4.20) | -85.5% | [Second Half 2024 Financial Results](index=3&type=section&id=Second%20Half%202024%20Financial%20Results) H2 2024 revenues grew **380%** to **$539,000**, operating loss decreased **11.1%**, but GAAP net loss widened **20.2%** to **$6.4 million** due to revaluation expenses Second Half 2024 Key Financials (in thousands) | Metric | H2 2024 | H2 2023 | Change (%) | | :-------------------------------- | :------ | :------ | :--------- | | Revenues | $539 | $142 | 279.6% | | Research & Development Expenses | $2,821 | $3,463 | -18.5% | | General & Administrative Expenses | $2,059 | $2,036 | 1.1% | | Operating Loss | $(4,819) | $(5,418) | -11.1% | | Revaluation of derivatives and warrants liabilities | $(1,346) | $0 | N/A | | Financial expenses (income), net | $(219) | $155 | N/A | | GAAP Net Loss | $(6,384) | $(5,313) | 20.2% | | GAAP Loss Per Share | $(0.30) | $(1.77) | -83.0% | | Non-GAAP Net Loss | $(4,736) | $(5,204) | -9.0% | | Non-GAAP Loss Per Share | $(0.23) | $(1.74) | -86.8% | [Balance Sheet Highlights](index=3&type=section&id=Balance%20Sheet%20Highlights) As of December 31, 2024, Rail Vision's cash and cash equivalents significantly increased to **$17.5 million** from **$3.3 million** at the end of 2023, primarily driven by proceeds from various financing activities Cash and Cash Equivalents (in millions) | Metric | As of Dec 31, 2024 | As of Dec 31, 2023 | Change | | :---------------------- | :----------------- | :----------------- | :----- | | Cash and cash equivalents | $17.5 | $3.3 | +$14.2M | [Cash Position and Financing Activities](index=3&type=section&id=Cash%20Position%20and%20Financing%20Activities) Rail Vision secured over **$34 million** in gross proceeds during 2024 and Q1 2025 through a private placement, warrant exercises, and the establishment of an equity line facility. This funding significantly bolstered the company's cash position - Secured over **$34 million** in gross proceeds during 2024 and the first quarter of 2025 to fuel its business through various financing transactions, including a private placement, warrant exercises, and an equity line facility[9](index=9&type=chunk) - Established an equity line facility in October 2024 (amended in February 2025) with the right to sell up to **$30.0 million** of ordinary shares over 36 months[9](index=9&type=chunk) - As of the report date, the Company has issued **22,210,892** ordinary shares for aggregate gross proceeds of approximately **$18.3 million** under the equity line facility[9](index=9&type=chunk) [Use of Non-GAAP Financial Results](index=4&type=section&id=Use%20of%20Non-GAAP%20Financial%20Results) Rail Vision presents non-GAAP net loss, excluding stock-based compensation and derivative revaluation, to provide clearer operational insights, emphasizing its use alongside GAAP measures - The company's earnings release contains non-GAAP financial measures of net loss that exclude stock-based compensation expenses and revaluation of derivative warrant liabilities[11](index=11&type=chunk) - Management believes non-GAAP information is useful for investors' understanding and assessment of ongoing operations and uses both GAAP and non-GAAP internally[11](index=11&type=chunk) - Non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP measures, and investors are encouraged to review reconciliations to GAAP[11](index=11&type=chunk) [Consolidated Financial Statements](index=6&type=section&id=Consolidated%20Financial%20Statements) This section presents Rail Vision's audited consolidated financial statements, including balance sheets, statements of comprehensive loss, changes in shareholders' equity, and cash flows, providing a detailed view of the company's financial position and performance [Balance Sheets](index=6&type=section&id=BALANCE%20SHEETS) The balance sheets present Rail Vision's financial position as of December 31, 2024, and 2023. Key changes include a substantial increase in cash and cash equivalents, total current assets, and total shareholders' equity, reflecting successful financing activities Balance Sheet Summary (U.S. dollars in thousands) | Metric | As of Dec 31, 2024 | As of Dec 31, 2023 | | :-------------------------- | :----------------- | :----------------- | | Cash and cash equivalents | $17,238 | $3,066 | | Total current assets | $19,703 | $4,602 | | Total assets | $20,597 | $5,921 | | Total liabilities | $2,895 | $3,134 | | Total shareholders' equity | $17,702 | $2,787 | [Statements of Comprehensive Loss](index=7&type=section&id=STATEMENTS%20OF%20COMPREHENSIVE%20LOSS) This statement details the company's revenues, expenses, and net loss for the full year and second half ended December 31, 2024. It shows significant revenue growth but also a substantial increase in net loss, primarily driven by the revaluation of derivatives and warrants liabilities Statements of Comprehensive Loss Summary (U.S. dollars in thousands) | Metric | Year ended Dec 31, 2024 | Year ended Dec 31, 2023 | Six months ended Dec 31, 2024 | Six months ended Dec 31, 2023 | | :-------------------------------- | :---------------------- | :---------------------- | :---------------------------- | :---------------------------- | | Revenues | $1,300 | $142 | $539 | $142 | | Cost of revenues | $(850) | $(61) | $(478) | $(61) | | Gross profit | $450 | $81 | $61 | $81 | | Research and development expenses | $(5,279) | $(7,145) | $(2,821) | $(3,463) | | General and administrative expenses | $(4,175) | $(4,339) | $(2,059) | $(2,036) | | Operating loss | $(9,004) | $(11,403) | $(4,819) | $(5,418) | | Revaluation of derivatives and warrants liabilities | $(20,181) | $0 | $(1,346) | $0 | | Other financing income (expenses), net | $(1,523) | $255 | $(219) | $105 | | Net loss for the period | $(30,708) | $(11,148) | $(6,384) | $(5,313) | | Basic and diluted loss per share | $(1.85) | $(4.30) | $(0.30) | $(1.77) | | Weighted average number of shares outstanding | 16,625,543 | 2,587,290 | 20,984,913 | 2,998,278 | [Statements of Changes in Shareholders' Equity](index=8&type=section&id=AUDITED%20STATEMENTS%20OF%20CHANGES%20IN%20SHAREHOLDERS'%20EQUITY) The audited statements of changes in shareholders' equity for 2023 and 2024 show a significant increase in total shareholders' equity, primarily driven by substantial increases in additional paid-in capital from new share issuances and warrant exercises, despite a growing accumulated deficit from net losses Changes in Shareholders' Equity (U.S. dollars in thousands) | Metric | As of Jan 1, 2023 | As of Dec 31, 2023 | As of Dec 31, 2024 | | :-------------------------- | :---------------- | :----------------- | :----------------- | | Ordinary Shares (Number) | 1,987,005 | 2,998,278 | 37,943,891 | | Ordinary Shares (USD) | $46 | $68 | $0 | | Additional paid in capital | $63,033 | $68,681 | $114,372 | | Accumulated deficit | $(54,814) | $(65,962) | $(96,670) | | Total shareholders' equity | $8,265 | $2,787 | $17,702 | - During 2024, significant increases in additional paid-in capital resulted from the issuance of shares and pre-funded warrants (**$1,404k**), exercise of warrants (**$25,561k**), and issuance of ordinary shares related to the SEPA (**$12,117k**)[21](index=21&type=chunk) [Statements of Cash Flows](index=9&type=section&id=STATEMENTS%20OF%20CASH%20FLOWS) The statements of cash flows highlight that while the company continued to use cash in operating and investing activities, significant cash was provided by financing activities, leading to a substantial increase in cash, cash equivalents, and restricted cash at the end of 2024 Cash Flow Summary (U.S. dollars in thousands) | Metric | Year ended Dec 31, 2024 | Year ended Dec 31, 2023 | Six months ended Dec 31, 2024 | Six months ended Dec 31, 2023 | | :-------------------------------- | :---------------------- | :---------------------- | :---------------------------- | :---------------------------- | | Net cash used in operating activities | $(9,682) | $(10,518) | $(5,087) | $(5,109) | | Net cash used in investing activities | $(30) | $(152) | $(24) | $(15) | | Net cash provided by financing activities | $23,918 | $5,397 | $12,644 | $(63) | | Increase (Decrease) in cash, cash equivalents and restricted cash | $14,179 | $(5,203) | $7,562 | $(5,117) | | Cash, cash equivalents and restricted cash at the end of the period | $17,468 | $3,289 | $17,468 | $3,289 | [Reconciliation of GAAP to Non-GAAP Results](index=11&type=section&id=UNAUDITED%20RECONCILIATION%20OF%20GAAP%20TO%20NON-GAAP%20RESULTS) This section provides an unaudited reconciliation of GAAP net loss to non-GAAP net loss, adjusting for stock-based compensation expenses and revaluation of derivative warrant liabilities. The non-GAAP net loss was lower than the GAAP net loss for both the full year and second half of 2024, offering an alternative view of operational performance GAAP to Non-GAAP Net Loss Reconciliation (U.S. dollars in thousands) | Metric | Year ended Dec 31, 2024 | Year ended Dec 31, 2023 | Six months ended Dec 31, 2024 | Six months ended Dec 31, 2023 | | :---------------------------------------- | :---------------------- | :---------------------- | :---------------------------- | :---------------------------- | | GAAP operating loss | $(9,004) | $(11,403) | $(4,819) | $(5,418) | | Stock-based compensation in R&D expenses | $120 | $62 | $102 | $34 | | Stock-based compensation in G&A expenses | $126 | $212 | $48 | $75 | | Non-GAAP operating loss | $(8,758) | $(11,129) | $(4,669) | $(5,309) | | GAAP Revaluation of derivatives and warrants liabilities expenses | $(20,181) | $0 | $(1,346) | $0 | | Revaluation of derivative warrant liabilities | $20,181 | $0 | $1,346 | $0 | | Non-GAAP Revaluation of derivatives and warrants liabilities expenses | $0 | $0 | $0 | $0 | | GAAP Other financing income (expenses), net | $(1,523) | $255 | $(219) | $105 | | Revaluation of derivative warrant liabilities (adjustment) | $152 | $0 | $152 | $0 | | Non-GAAP Other financing income (expenses), net | $(1,371) | $255 | $(67) | $105 | | GAAP net loss | $(30,708) | $(11,148) | $(6,384) | $(5,313) | | Stock-based compensation expenses | $398 | $273 | $302 | $109 | | Revaluation of derivative warrant liability expenses | $20,181 | $0 | $1,346 | $0 | | Non-GAAP net loss | $(10,129) | $(10,875) | $(4,736) | $(5,204) | | GAAP Basic and diluted loss per share | $(1.85) | $(4.30) | $(0.30) | $(1.77) | | Non-GAAP Basic and diluted loss per share | $(0.61) | $(4.20) | $(0.23) | $(1.74) | | Weighted average number of shares outstanding | 16,625,543 | 2,587,290 | 20,984,913 | 2,998,278 | [Other Information](index=4&type=section&id=Other%20Information) This section provides supplementary information including details on SEC filings, forward-looking statements, and company contact information [SEC Filings](index=4&type=section&id=SEC%20Filings) Rail Vision's annual report on Form 20-F for the year ended December 31, 2024, has been filed with the U.S. Securities and Exchange Commission and is available on the company's investor relations website. Shareholders can request a hard copy free of charge - A copy of Rail Vision's annual report on Form 20-F for the year ended December 31, 2024, has been filed with the U.S. Securities and Exchange Commission and posted on Rail Vision's investor relations website[10](index=10&type=chunk) - Rail Vision will deliver a hard copy of its annual report, including its complete audited consolidated financial statements, free of charge, to its shareholders upon request[10](index=10&type=chunk) [Forward-Looking Statements](index=5&type=section&id=Forward-Looking%20Statements) This standard disclaimer indicates the press release contains forward-looking statements subject to risks and uncertainties, with no obligation to update except as required by law - This press release contains 'forward-looking statements' based on management's current expectations, beliefs, and projections, many of which are inherently uncertain[14](index=14&type=chunk) - Actual results may differ materially from forward-looking statements due to risks and uncertainties detailed in the Company's reports filed with the SEC, including its annual report on Form 20-F[14](index=14&type=chunk) - The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or changes in assumptions, except as required by applicable securities laws[14](index=14&type=chunk) [Contacts](index=5&type=section&id=Contacts) This section provides contact information for Rail Vision Ltd.'s Chief Executive Officer, Shahar Hania, and for Investor Relations inquiries - Contact information for Shahar Hania, Chief Executive Officer, and Michal Efraty for Investor Relations is provided[15](index=15&type=chunk)

Core Insights - Rail Vision Ltd. reported significant revenue growth of 815% for the year ended December 31, 2024, reaching $1.3 million compared to $142,000 in 2023, driven by installations for a leading global mining company and other key orders [6][8][24] - The company secured over $34 million in funding during 2024, enhancing its market presence in the U.S. and expanding its product offerings beyond hardware to a complete railway safety and analytics ecosystem [2][12] - Rail Vision achieved several milestones, including the first-ever national rail installation of its AI-based technology with Israel Railways and entry into the Indian market through a non-binding MOU [7][12] Financial Performance - For the year ended December 31, 2024, the operating loss decreased to $9 million from $11.4 million in 2023, reflecting improved operational efficiency [11][24] - GAAP net loss for the year was $30.7 million, or $1.85 per ordinary share, compared to a net loss of $11.1 million, or $4.30 per share in 2023 [11][24] - Non-GAAP net loss for the year was $10.1 million, or $0.61 per ordinary share, compared to a non-GAAP net loss of $10.9 million, or $4.20 per share in 2023 [11][24] Operational Highlights - The company completed multiple installations in 2024, including with a Class 1 U.S. freight operator and a leading Latin American mining company [7][8] - Rail Vision launched an Active Control System for semi-autonomous train operation and introduced a proprietary SaaS platform, D.A.S.H., for real-time operational insights [7][12] - The company gained regulatory approval for its MainLine System from Israel Railways, unlocking a $300,000 milestone payment [7] Cash Position and Financing - As of December 31, 2024, cash and cash equivalents increased to $17.5 million from $3.3 million in 2023, primarily due to proceeds from a private placement and credit facility [9][12] - The company established an equity line facility allowing it to sell up to $30 million of its ordinary shares over a 36-month period, with gross proceeds of approximately $18.3 million from shares issued [12][9] Research and Development - Research and development expenses decreased to $5.3 million for the year ended December 31, 2024, from $7.1 million in 2023, mainly due to a reduction in workforce [11][24] - General and administrative expenses slightly decreased to $4.2 million in 2024 from $4.3 million in 2023, reflecting cost-cutting measures [11][24]

Core Insights - Rail Vision Ltd. has signed a binding Memorandum of Understanding (MOU) with Sujan Ventures to enhance railway safety in India by installing advanced technologies on thousands of locomotives [1][4] - The collaboration aims to position Rail Vision's innovative safety systems for inclusion in future tenders and ongoing projects, particularly focusing on accident avoidance in adverse weather conditions [4][8] - Sujan Ventures will lead local efforts to introduce Rail Vision's systems, starting with a trial to demonstrate capabilities before moving to a definitive agreement [2][3] Financial and Operational Aspects - Sujan Ventures will make an initial upfront payment to Rail Vision and additional payments upon reaching specific milestones during the collaboration [3] - The partnership is expected to create a substantial market opportunity for Rail Vision, as Indian Railways operates one of the largest rail networks globally, with approximately 15,000 locomotives [1][4] Strategic Goals - The collaboration supports the 'Make in India' initiative, allowing Indian Railways to deploy advanced, locally-sourced safety systems while maintaining global standards [5] - Rail Vision aims to leverage this partnership to penetrate the Indian rail market, potentially elevating its position in the rail safety and technology sector [5][8]

Core Viewpoint - Rail Vision Ltd. has regained compliance with Nasdaq's minimum bid price requirement, allowing its shares to continue being listed and traded on the Nasdaq Capital Market [1][3]. Compliance with Nasdaq Requirements - Rail Vision was previously notified on July 22, 2024, for failing to meet the minimum bid price rule, as its shares did not close at $1.00 or more for 30 consecutive business days [2]. - To regain compliance, the company needed to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which it achieved from December 27, 2024, to January 14, 2025 [3]. Company Overview - Rail Vision is a technology company focused on revolutionizing railway safety and the data-related market through artificial intelligence-based technology [4]. - The company's technology aims to enhance railway safety, increase efficiency, and reduce costs for railway operators, with potential applications in autonomous trains [4].

Core Insights - Rail Vision Ltd. has received a purchase order for its MainLine product from a leading freight operator in Central America, aimed at supporting a proof of concept to enhance rail safety and operational efficiency [1][5] - The freight operator is known for its commitment to safety and has invested significantly in upgrading its infrastructure and adopting advanced safety protocols [2] - Rail Vision's MainLine product utilizes advanced AI and long-range vision sensors for real-time object detection and classification, aligning with the freight operator's safety standards and operational goals [3] - This purchase order adds to Rail Vision's established track record with major freight and Class 1 rail operators in the Americas [4] Company Overview - Rail Vision is a technology company focused on revolutionizing railway safety and the data-related market through AI-based technology designed specifically for railways [5] - The company's technology aims to save lives, increase efficiency, and reduce expenses for railway operators, with the potential to advance autonomous train concepts [5]

Core Viewpoint - Rail Vision Ltd. has signed a binding Memorandum of Understanding (MOU) with Sujan Ventures to introduce advanced railway safety technologies in India, targeting the outfitting of thousands of locomotives with state-of-the-art systems [1][4]. Group 1: Collaboration Details - Sujan Ventures will lead local efforts to introduce Rail Vision's safety systems, starting with a trial at customer facilities to demonstrate capabilities [2]. - The MOU includes an initial upfront payment from Sujan Ventures, with additional payments tied to milestone completions, and grants Sujan exclusive rights to negotiate distribution agreements in India [3]. Group 2: Market Opportunity - The collaboration aims to position Rail Vision's technologies for inclusion in future tenders, enhancing rail safety by equipping locomotives with advanced systems for accident avoidance, especially in adverse weather [4]. - Indian Railways operates one of the largest rail networks globally, with approximately 15,000 locomotives, creating a substantial market opportunity for Rail Vision [1]. Group 3: Company Vision and Impact - Rail Vision is focused on revolutionizing railway safety and efficiency through cutting-edge, AI-based technology designed to save lives and reduce operational costs for railway operators [6]. - The partnership supports the "Make in India" initiative, allowing Indian Railways to deploy advanced, locally-sourced safety systems while maintaining global standards [5].

This achievement aims to support Israel Railways future volume procurement The approval also triggers an immediate $300,000 payment Ra'anana, Israel, Dec. 27, 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 the achievement of a critical project and regulatory milestone: certification approval for the installation of its MainLine Systems on Israel Railways' passenger l ...

The TCCO committee operates under the auspices of the American Association of Railroads (AAR), with its Technology Roadmap Program managed by MxV Rail Ra’anana, Israel, Dec. 24, 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 joined MxV Rail’s Technology Roadmap Program, a distinguished body responsible for formulating minimum interoperable requirements and su ...

The TCCO committee operates under the auspices of the American Association of Railroads (AAR), with its Technology Roadmap Program managed by MxV Rail Ra'anana, Israel, Dec. 24, 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 joined MxV Rail's Technology Roadmap Program, a distinguished body responsible for formulating minimum interoperable requirements and sup ...

The designated SaaS platform is a new offering by the Company for its existing and future customers Ra’anana, Israel, Dec. 04, 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 announces its new Software as a Service (SaaS) platform called D.A.S.H. — an innovative approach to rail safety and operational efficiency. D.A.S.H., which stands for Discover, Analyze, Secure, and Harnes ...