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Rail Vision Secures $335,000 Follow-On Order from Major Latin American Mining Company After Successful Trial
Globenewswireยท 2025-06-03 11:32
Core Insights - Rail Vision Ltd. has secured a $335,000 follow-on order from a prominent Latin American mining company for its MainLine system, marking a significant commercial milestone and indicating continued expansion in the Latin American market [1][2][4] - The MainLine system enhances safety and optimizes rail transport efficiency within the mining company's extensive operations, following a successful long-term trial [2][3] - The technology provides real-time obstacle detection and alerting capabilities up to two kilometers ahead, ensuring safer railway operations under extreme conditions [3] Company Overview - Rail Vision is focused on revolutionizing railway safety through AI-driven vision technology, integrating advanced electro-optics, deep learning, and big data analytics [5] - The company's solutions aim to enhance safety, optimize efficiency, and facilitate the transition toward autonomous railway operations [5] - Increasing customer adoption and repeat orders reinforce Rail Vision's position as a key technology provider in the railway industry [5]