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 ...

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 ...

Core Viewpoint - Rail Vision Ltd. has successfully installed its AI-driven ShuntingYard product for a Class 1 freight rail company in North America, aiming to enhance safety and efficiency in the railway industry [4][5]. Company Overview - Rail Vision Ltd. is a technology company focused on revolutionizing railway safety and the data-related market through advanced artificial intelligence-based technology [7]. - The company aims to save lives, increase efficiency, and reduce expenses for railway operators, while also advancing the concept of autonomous trains [7]. Product Details - The ShuntingYard product utilizes artificial intelligence and machine learning algorithms to improve railway safety and operational efficiency [6]. - The installed system provides real-time monitoring and obstacle detection, ensuring high safety standards for rail operations [5]. Market Impact - The successful installation of the safety system demonstrates the critical role of Rail Vision's technology in the market, where safety is a top priority [2][5]. - The project aligns with the company's goal of enhancing the safety and efficiency of the American railway industry [5].

: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 ...