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 ...

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 ...

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 ...

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 $ ...

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 ...

Ra'anana, Israel, June 14, 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 successful delivery and installation of its AI-driven Shunting Yard product to Loram, a leading US-based provider of railway track maintenance equipment and services. Shahar Hania, CEO of Rail Vision, commented, "We are thrilled to deliver our AI-driven Shunting Yard product to Loram, which ...

The North American Class 1 rail company will use the system on its locomotive for evaluation in different scenarios related to safety and efficiency. Shahar Hania, CEO of Rail Vision, said: "We are proud to have fulfilled this important order, delivering and installing our advanced safety system to one of North America's Class 1 rail companies. This project proves the critical role that our technology aims to play in the market, where safety is paramount." About Rail Vision Ltd. Forward-Looking Statements I ...

:Additional Q1 2024 and recent key milestones and achievements "Recent months were fruitful for the company. We significantly expanded our reach in the US, advanced our technology, and strengthened our IP protection," said Shahar Hania, CEO of Rail Vision. "We started 2024 by securing over $5 million to fuel our business through a pair of financing transactions . In the last five months, we achieved important milestones, including the first-ever commercial installation of our products, several engagements w ...

Ra'anana, Israel, May 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 SaaS market, today shared several commercial and technological accomplishments since the start of 2024, including valuable developments with tier one rail companies in the United States, the expansion of its distribution network and additional new partnerships and technological advancements. As Rail Vision progresses t ...

Ra'anana, Israel, May 21, 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 received a notice of allowance 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 ar ...