Rail Vision(RVSN)
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Rail Vision(RVSN) - 2024 Q2 - Quarterly Report
2024-08-29 20:17
Exhibit 99.2 U.S. DOLLARS IN THOUSANDS (Except share and per share data) (UNAUDITED) INTERIM CONDENSED FINANCIAL STATEMENTS As of June 30, 2024 2 3 share 12,193,918 2,167,170 Rail Vision Ltd. UNAUDITED INTERIM CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (U.S. dollars in thousands, except share data and per share data) (*) Issuance costs in the amount of approximately $39. (**) Including 1,902,742 Pre-funded Warrants which were exercised to 1,902,742 ordinary shares during February and March 2024 ...
Rail Vision Announces First Half 2024 Financial Results
GlobeNewswire News Room· 2024-08-29 20:15
RA'ANANA, Israel, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) ("Rail Vision" or the "Company"), a development stage technology company seeking to revolutionize railway safety and the data-related market, today reported financial results for the first half ended June 30, 2024. "We continued to strengthen our foundation during 2024, completing a series of financing transactions that raised gross proceeds of over $12 million. On a business level, securing orders from global leaders and su ...
Rail Vision Granted US Patent Approval on AI-Powered Railway Obstacle Detection System
GlobeNewswire News Room· 2024-08-12 12:33
Ra'anana, Israel, Aug. 12, 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 that it has been granted patent approval from the United States Patent and Trademark Office for its innovative AI-based railway obstacle detection system. This patent outlines an advanced method for enhancing rail safety through the use of electro-optical imaging technologies combined with art ...
Rail Vision Successfully Installed its AI- based Product at a Leading Global Mining Company
Newsfilter· 2024-07-31 12:55
Rail Vision is a technology company that is seeking to revolutionize railway safety and the data-related market. The Company has developed cutting-edge, artificial intelligence-based, industry-leading technology specifically designed for railways. The Company has developed its railway detection and systems to save lives, increase efficiency, and dramatically reduce expenses for the railway operators. Rail Vision believes that its technology will significantly increase railway safety around the world, while ...
Rail Vision Receives Nasdaq Notification Regarding Minimum Bid Requirements
Newsfilter· 2024-07-26 20:10
Ra'anana, Israel, July 26, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (the "Company") (Nasdaq: RVSN), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced today that on July 22, 2024, the Company received a written notice from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the Company's closing bid price for its Ordinary Shares was below $1.00 per share for the last 30 c ...
Rail Vision and Railway News to Launch New Collaboration - Podcast Hosting Industry Leaders
GlobeNewswire News Room· 2024-07-02 13:02
Ra'anana, Israel, July 02, 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 an upcoming collaboration with Railway-News.com, a leading railway industry news and information portal, for hosting a monthly podcast with industry leaders called "Rail Evolution". "This collaboration showcases our relationship with the industry, as we are not only here to sell products and s ...
Rail Vision and Railway News to Launch New Collaboration - Podcast Hosting Industry Leaders
Newsfilter· 2024-07-02 13:02
Investor Relations Michal Efraty Ra'anana, Israel, July 02, 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 an upcoming collaboration with Railway-News.com, a leading railway industry news and information portal, for hosting a monthly podcast with industry leaders called "Rail Evolution". The podcast, which is expected to launch in July 2024, will cover pressing deve ...
Rail Vision Received Follow-on Order from Leading US-Based Rail and Leasing Services Company
GlobeNewswire News Room· 2024-06-25 13:12
The customer requested and ordered new add-ons on top of a $5 million contract with the company Ra'anana, Israel, June 25, 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, announced today a follow-on order from one of its customers, a leading US-based rail and leasing services company. The Company announced at the beginning of 2024, it has signed a contract valued at up to $5 million ...
Rail Vision Received Follow-on Order from Leading US-Based Rail and Leasing Services Company
Newsfilter· 2024-06-25 13:12
The customer requested and ordered new add-ons on top of a $5 million contract with the company The current follow-on order, in the amount of approximately $200,000, is in addition to the existing contract, and refers to additional services requested by the customer. Forward-Looking Statements The Company announced at the beginning of 2024, it has signed a contract valued at up to $5 million for ShuntingYard products. In April 2024, Rail Vision received an initial purchase order amounting to approximately $ ...
Rail Vision Secures Japanese Patent for AI-Powered Railway Obstacle Detection System
Newsfilter· 2024-06-24 13:00
Key features of the patent include: Shahar Hania, CEO of Rail Vision, stated, "Securing this patent in Japan is a testament to Rail Vision's dedication to pioneering railway safety technologies. We believe that our AI-driven obstacle detection system represents a crucial advancement in ensuring real-time identification and assessment of obstacles, which is essential for preventing accidents and promoting operational efficiency. We are excited about the opportunities this patent opens for us in the Japanese ...