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Rail Vision Signs Term Sheet to Boost Growth with Advanced AI Acquisition of 51% Stake in Quantum Transportation
Globenewswire· 2025-10-09 10:55
Strategic acquisition to acquire 51% in Quantum Transportation to combine quantum capabilities with Rail Vision’s safety technologies, creating potential synergies Ra’anana, Israel, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, recently announced the signing of a non-binding term sheet for a strategic transaction to acquire 51% ownersh ...
Rail Vision Receives European Patent for Innovative Locomotive Imaging Technology
Globenewswire· 2025-08-11 11:32
Core Viewpoint - Rail Vision Ltd. has received a Decision to Grant from the European Patent Office for a novel system aimed at enhancing railway safety through improved imaging technology [1][4]. Group 1: Patent and Technology - The patented system consists of an imaging device and a processing unit that work together to capture and analyze visual data from a train's forward-facing camera [2]. - The system allows for higher sampling rates by acquiring partial datasets from a Selected Region Of Interest (SROI) during residual time within handling cycles [2][3]. - The processing unit includes a tracking module that detects rails, calculates a safe braking line, and establishes a safe zone for early hazard detection [3]. Group 2: Company Vision and Impact - The CEO of Rail Vision emphasized that the technology will enable train operators to detect hazards sooner and improve operational efficiency, contributing to safer railway transportation [4]. - Rail Vision aims to enhance railway safety and operational efficiency globally, with the potential to advance the concept of autonomous trains [5].