Core Insights - Rail Vision Ltd. has announced a leadership transition with Mr. Shahar Hania stepping down as CEO to pursue new opportunities, effective April 24, 2025, while remaining on the Board of Directors [1][2] - Mr. David BenDavid has been appointed as the new CEO, bringing extensive experience in technology and leadership, having previously served as Rail Vision's CTO [2][3] Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced artificial intelligence technology [5] - The company's technology aims to enhance railway safety, increase operational efficiency, and reduce costs for railway operators, with potential applications in autonomous train systems [5]

Company Overview - Rail Vision Ltd. is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced artificial intelligence technology [3] - The company's technology aims to enhance railway safety, increase operational efficiency, and significantly reduce costs for railway operators [3] - Rail Vision believes its innovations could facilitate the practical implementation of autonomous trains, benefiting passengers and companies reliant on rail transport [3] Upcoming Events - Rail Vision will participate in the 15th Annual LD Micro Invitational investor conference in New York on April 9-10, 2025 [1] - CEO Shahar Hania is scheduled to present to investors on April 10 at 10:00 AM ET and will be available for one-on-one meetings throughout the day [2]

Core Insights - Rail Vision Ltd. reported significant revenue growth of 815% for the year ended December 31, 2024, reaching $1.3 million compared to $142,000 in 2023, driven by installations for a leading global mining company and other key orders [6][8][24] - The company secured over $34 million in funding during 2024, enhancing its market presence in the U.S. and expanding its product offerings beyond hardware to a complete railway safety and analytics ecosystem [2][12] - Rail Vision achieved several milestones, including the first-ever national rail installation of its AI-based technology with Israel Railways and entry into the Indian market through a non-binding MOU [7][12] Financial Performance - For the year ended December 31, 2024, the operating loss decreased to $9 million from $11.4 million in 2023, reflecting improved operational efficiency [11][24] - GAAP net loss for the year was $30.7 million, or $1.85 per ordinary share, compared to a net loss of $11.1 million, or $4.30 per share in 2023 [11][24] - Non-GAAP net loss for the year was $10.1 million, or $0.61 per ordinary share, compared to a non-GAAP net loss of $10.9 million, or $4.20 per share in 2023 [11][24] Operational Highlights - The company completed multiple installations in 2024, including with a Class 1 U.S. freight operator and a leading Latin American mining company [7][8] - Rail Vision launched an Active Control System for semi-autonomous train operation and introduced a proprietary SaaS platform, D.A.S.H., for real-time operational insights [7][12] - The company gained regulatory approval for its MainLine System from Israel Railways, unlocking a $300,000 milestone payment [7] Cash Position and Financing - As of December 31, 2024, cash and cash equivalents increased to $17.5 million from $3.3 million in 2023, primarily due to proceeds from a private placement and credit facility [9][12] - The company established an equity line facility allowing it to sell up to $30 million of its ordinary shares over a 36-month period, with gross proceeds of approximately $18.3 million from shares issued [12][9] Research and Development - Research and development expenses decreased to $5.3 million for the year ended December 31, 2024, from $7.1 million in 2023, mainly due to a reduction in workforce [11][24] - General and administrative expenses slightly decreased to $4.2 million in 2024 from $4.3 million in 2023, reflecting cost-cutting measures [11][24]

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Rail Vision Ltd. (Exact name of registrant as specified in its charter) Not Applicable As filed with the Securities and Exchange Commission on November 24, 2023 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 (Translation of Registrant's Name into English) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Shahar Hania Chief Execu ...

As filed with the Securities and Exchange Commission on July 6, 2023 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Rail Vision Ltd. (Exact name of registrant as specified in its charter) Not Applicable (Translation of Registrant's Name into English) (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) Puglisi & Associates 850 Librar ...