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Rail Vision Successfully Completes Strategic Acquisition of Majority Stake in Cutting-Edge Quantum Computing Company for Transportation
Globenewswire· 2026-01-14 12:55
Core Viewpoint - Rail Vision Ltd. has completed the acquisition of a 51% ownership interest in Quantum Transportation Ltd., aiming to enhance railway safety and data-related technologies through innovative quantum error correction methods [1][4][3]. Group 1: Acquisition Details - Rail Vision acquired 51% of Quantum Transportation's issued and outstanding share capital, gaining majority ownership and control [4]. - The acquisition involved the issuance of 2,982,710 ordinary shares, representing approximately 4.99% of Rail Vision's total share capital, to former shareholders of Quantum Transportation [5]. - A convertible loan facility of up to $700,000 was extended to Quantum Transportation, with an annual interest rate of 8%, to support its operations and development [6]. Group 2: Technological Synergies - Quantum Transportation holds an exclusive sub-license for rail technologies related to a pending patent application in quantum error correction, which addresses challenges in quantum devices [2]. - The strategic combination of Rail Vision's advanced vision and railway safety technologies with Quantum Transportation's quantum-AI based IP is expected to create significant technological synergies and enhance product lines [3]. - The collaboration aims to accelerate innovation and support long-term value creation for stakeholders in the railway ecosystem [3]. Group 3: Company Overview - Rail Vision is a development stage technology company focused on revolutionizing railway safety and the data-related market through AI-based technologies [7]. - The company aims to improve railway safety, efficiency, and reduce operational costs for railway operators, with potential advancements towards autonomous trains [7].
Rail Vision Enters the Quantum Transportation Market with Strategic Acquisition Agreement
Globenewswire· 2025-12-01 13:19
Ra’anana, Israel, Dec. 01, 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, today announced the signing of an agreement for a strategic transaction to acquire 51% ownership of Quantum Transportation Ltd. (the “Acquisition” and “Quantum Transportation”), a cutting-edge quantum computing and AI company specializing in error correction technologies. ...
Rail Vision Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Requirement
Globenewswire· 2025-09-03 20:15
Core Viewpoint - Rail Vision Ltd. has been granted an additional 180-day compliance period by Nasdaq to regain compliance with the minimum bid price rule, extending the deadline to March 2, 2026 [1][2][3] Company Compliance Status - The company was initially notified on March 6, 2025, that its shares did not meet the minimum bid price of $1.00 for 30 consecutive business days, leading to a 180-day compliance period until September 2, 2025 [3] - After failing to regain compliance during the first period, the company requested and received an additional 180-day compliance period [3][5] Compliance Requirements - To regain compliance, the company's ordinary shares must close at or above $1.00 for at least 10 consecutive business days before March 2, 2026 [4] - Nasdaq may require the company to maintain the bid price for a longer period, generally not exceeding 20 consecutive business days [4] Trading Status - The current notification from Nasdaq does not affect the listing or trading of the company's shares, which will continue to trade under the symbol "RVSN" [5] Company Overview - Rail Vision is a technology company focused on enhancing railway safety and efficiency through artificial intelligence [6] - The company aims to revolutionize the railway industry by developing systems that save lives, increase operational efficiency, and reduce costs for railway operators [6] - Rail Vision's technology is positioned to advance the concept of autonomous trains into practical applications [6]
Rail Vision Appoints David BenDavid as Chief Executive Officer Following Leadership Transition
Newsfilter· 2025-04-24 13:00
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]
Rail Vision Announces Participation in the LD Micro Invitational XV
Newsfilter· 2025-04-07 13:00
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]
Rail Vision(RVSN) - Prospectus
2023-07-06 20:15
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 ...