Rail Vision(US:RVSN) Globenewswire·2025-10-09 10:55Core Viewpoint - Rail Vision Ltd. has announced a strategic acquisition to acquire 51% of Quantum Transportation Ltd., aiming to combine quantum computing capabilities with its railway safety technologies, which could create significant synergies and enhance product offerings [1][2]. Acquisition Details - The acquisition involves Rail Vision issuing ordinary shares representing approximately 4.99% of its share capital to select Quantum Transportation shareholders in exchange for their full holdings, ensuring majority control post-closing [3]. - Rail Vision will also extend a convertible loan of up to $700,000 to Quantum Transportation at an 8% annual interest rate, to support ongoing operations and development [3]. Technology and Innovation - Quantum Transportation's patented machine learning-based universal decoder addresses quantum error correction, which is crucial for scalable quantum computing, and is adaptable across various hardware platforms [4]. - The integration of this technology into Rail Vision's operations is expected to enhance capabilities in anomaly detection, predictive maintenance, and autonomous rail operations, tapping into the growing quantum computing market [4]. Transaction Timeline - The transaction is subject to the signing of definitive agreements and key milestones, with an expected closing within the next 60 days, pending regulatory approvals [5]. Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced AI technologies designed for railways, aiming to increase safety and efficiency while reducing costs for railway operators [6].