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Rail Vision Advances Strategic Collaboration with Israel Railways Cargo Division
Globenewswire· 2026-02-06 13:32
Core Viewpoint - Rail Vision Ltd. is advancing its collaboration with Israel Railways by deploying its ShuntingYard product, aiming to enhance railway safety and operational efficiency [1][4]. Group 1: Collaboration and Product Development - Israel Railways has successfully installed Rail Vision's MainLine systems on its locomotives, marking a significant step in the evaluation of the ShuntingYard product for potential adoption [2][4]. - The ShuntingYard product is designed for the unique stop-and-go dynamics of rail yards, utilizing electro-optical sensors and real-time AI to improve situational awareness for locomotive drivers [3][5]. Group 2: Pilot Evaluation - Rail Vision and Israel Railways have agreed to conduct a one-month evaluation pilot of the ShuntingYard system, following a successful initial demonstration [4]. - The pilot aims to familiarize the cargo team with the system's performance under local conditions and gather operational feedback [4]. Group 3: Industry Impact and Future Plans - The collaboration is expected to positively impact railway safety in Israel and globally, as stated by the acting CEO of Israel Railways [5]. - Following the pilot, Rail Vision and Israel Railways plan to explore deployment options that could enhance safety, operational efficiency, and reduce maintenance costs [5]. Group 4: Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through advanced AI technology [6]. - The company's solutions aim to save lives, increase efficiency, and reduce costs for railway operators, with the potential to advance autonomous train technology [6].
Rail Vision Secures $335,000 Follow-On Order from Major Latin American Mining Company After Successful Trial
Globenewswire· 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]