Rail Vision Ltd

Rail Vision Ltd. engages in the design, development, and manufacture of a technology that focuses on cognitive vision and safety system for the railway industry. It operates through the following segments: Locomotives for shunting yards, Locomotives for passenger and freight trains and Light Rail Vehicle. The Locomotives for shunting yards segment have focused on selling the RV200 system to shunting yard operators. The Locomotives for passenger and freight trains segment main area of activity is the RV2000 system, which is designed for passenger and freight trains. The Light Rail Vehicle segment are in the process of developing an LRV system that will be designed for the light rail market segment. The company was founded by Elen Katz, Shahar Hania, Noam Teich, and Yuval Isbi in 2015 and is headquartered in Ra'anana, Israel.

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Rail Vision Ltd. engages in the design, development, and manufacture of a technology that focuses on cognitive vision and safety system for the railway industry. It operates through the following segments: Locomotives for Shunting Yards, Locomotives for Passenger and Freight Trains, and Light Rail Vehicle. The Locomotives for Shunting Yards segment focuses on the sale of RV200 system to shunting yard operators. The Locomotives for Passenger and Freight Trains segment promotes sales to passenger and freight train operators. The Light Rail Vehicle segment are in the process of developing an LRV system that will be designed for the light rail market segment. The company was founded by Elen Katz, Shahar Hania, Noam Teich, and Yuval Isbi in 2015 and is headquartered in Ra'anana, Israel.

Rail Vision Ltd (NASDAQ:RVSN) CEO Shahar Hania delves into the world of rail innovation as he shares insights into the company's unique AI and electro optics technology tailored for the rail industry. From enhancing safety to improving operational efficiency, discover how Rail Vision's solutions are reshaping the landscape of train transportation.

Inside Rail Vision: CEO Shahar Hania explores the future of train transportation

Ra'anana, Israel, April 15, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, recently announced that as part of its marketing efforts in the US, it entered into a non- binding memorandum of understanding with a leading railway technologies company for the distribution of Rail Vision's MainLine and ShuntingYard products.

Rail Vision Seeks to Expand US Market Reach with AI- Driven Safety Systems Through Distribution Engagement

The railway industry is in the midst of a digital revolution fueled by rapidly evolving artificial intelligence (AI) technologies presenting a significant opportunity for companies to enhance operational efficiency and meet industry need. The sector is poised to leverage AI advancements, potentially unlocking $13 billion to $22 billion in annual impact globally, according to a recent McKinsey report looking at the surge in AI adoption across industries.

Rail Vision eyes US expansion with its AI-powered railway solutions

Ra'anana, Israel, April 11, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced today that it has received an initial purchase order amounting to approximately $1 million as part of a contract valued at up to $5 million with a leading US-based rail and leasing services company that the Company announced on January 17, 2024. The order is for the purchase of Rail Vision's AI-based ShuntingYard products, which are expected to be installed during the third quarter of this year.

Rail Vision Received $1 Million Order out of a Contract Valued at Up to $5 Million with Leading US-Based Rail and Leasing Services Company

Rail Vision (NASDAQ: RVSN ) stock is climbing higher on Tuesday after the railway detection systems company announced a new order for its artificial intelligence ( AI )-powered Switch Yard System. Rail Vision points out that this order comes from a Class 1 freight rail company in North America.

Why Is Rail Vision (RVSN) Stock Up 17% Today?

The customer is a large Class 1 freight rail company in the US Ra'anana, Israel, April 09, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, recently announced its latest achievement: securing an order for its innovative AI-powered Switch Yard System from a Class 1 freight rail company in North America.

Rail Vision Wins US Order Advancing Railway Safety with AI Technology

Ra'anana, Israel, April 03, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced it has received an order for its AI-driven Switch Yard System from Loram, a leading US- based provider of railway track maintenance equipment and services.

Rail Vision Receives Purchase Order from Loram, a Top US-Based Railway Track Maintenance Supplier

RA'ANANA, Israel, March 28, 2024 (GLOBE NEWSWIRE) --  Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), a development stage technology company seeking to revolutionize railway safety and the data-related market, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Rail Vision Announces Fourth Quarter and Full Year 2023 Financial Results

Alstom is a French multinational rolling stock manufacturer that operates in rail transport markets worldwide

Rail Vision Received Approval from Alstom to Install the AI Main Line system on its Locomotives

Ra'anana, Israel, March 18, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that it has entered a non- binding memorandum of understanding with a US-base leading railway technologies company for the distribution of Rail Vision's MainLine and Switch Yard systems.

Rail Vision Engages with US Distributer for its AI- Driven Railway system

Ra'anana, Israel, March 11, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that it has received an order for its AI-driven Switch Yard System from a Class 1 freight rail company in the US.

Rail Vision Received Order from a Class 1 US Railroad Company for its AI-Based Safety System

Industrial technology firm Rail Vision (NASDAQ: RVSN ) — which focuses on revolutionizing railway safety — just announced its “first commercial installation” of its artificial intelligence-driven Main Line System in a national railway line. Subsequently, RVSN stock is soaring higher on both the company-specific development and the broader implications for AI.

Why Is Rail Vision (RVSN) Stock Up 60% Today?

This commercial installation follows the purchase of 10 Rail Vision Main Line Systems Ra'anana, Israel, March 06, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, has announced the first commercial installation of its AI-driven Main Line Systems in a national railways line, marking a significant milestone in the Company's journey towards revolutionizing railway safety and efficiency.

Rail Vision Deploys its Groundbreaking AI Safety System in a National Railways Line

Vancouver, Kelowna and Delta, British Columbia--(Newsfile Corp. - March 4, 2024) - Investorideas.com, a global news source and expert investing resource covering AI stocks issues a snapshot for the sector looking at transportation safety, featuring Rail Vision (NASDAQ: RVSN), a technology company that is seeking to revolutionize railway safety and the data-related market. The Company has developed cutting-edge, artificial intelligence-based, industry-leading technology specifically designed for railways.

AI Stocks - Another Application to Watch; Transforming the Future of Transportation Safety

Rail Vision uses the NVIDIA Jetson and other NVIDIA edge AI platforms in its advanced railway safety systems

Rail Vision Joins NVIDIA Metropolis to Boost Railway Safety Systems

Ra'anana, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced a significant advancement through the successful approval and compliance of its Main Line system for operation across the European Union (EU). This achievement, which was recently announced, sets a new standard in railway safety and opens the door for unprecedented growth and adoption of Rail Vision's cutting-edge technology in the expansive EU market.

Rail Vision Sets New Safety Standards for Europe: Achieves Regulatory Approval and Certificate for Railway Operation in the EU

The Company will present its solutions in ASLRRA's 2024 Annual Conference & Exhibition Ra'anana, Israel, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, today announces its participation in the American Short Line and Regional Railroad Association's (ASLRRA) 2024 Annual Conference & Exhibition, which will take place at the Kansas City Convention Center from March 24 to 26, 2024 in Kansas City, Missouri.

Rail Vision to Showcase its Safety AI-Driven Systems to US Railroad Leaders

This commercial installation follows the purchasing of 10 Rail Vision Main Line Systems for $1.4 million Ra'anana, Israel, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market for the railway industry, today announces the first ever commercial installation of its AI-driven Main Line Systems in a national railways line, marking a significant milestone in the Company's journey towards revolutionizing railway safety and efficiency.

Rail Vision Announces First-Ever Commercial Installation of its AI-Driven Systems in a National Railways Line

The new development offers high performance and real time AI deep learning inferencing Ra'anana, Israel, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, has introduced its next generation AI-based computer designed enhance railway safety and prevent accidents.

Rail Vision Increases Railway Safety with its Next Generation AI Computer

India has the fourth largest railway network with over 22,593 operating trains with a daily passenger count of 24 million passengers and 203.88 million tons of freight

Rail Vision Receives Patent Approval from the Indian Patent Office

The new development offers high performance and real time AI deep learning inferencing Ra'anana, Israel, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announces its next generation AI- based computer to be incorporated in its Main Line and Switch Yard systems.

Rail Vision Reveals its Next Generation AI Computer for Railway Safety and Accident Prevention

Rail Vision (NASDAQ: RVSN ) stock is on the rise Tuesday as the rail safety system company's shares continue to rally alongside approval from European Union ( EU ) regulators. According to a press release from Rail Vision, the company has secured approval and certification from EU regulators for its Main Line system.

Why Is Rail Vision (RVSN) Stock Up 35% Today?

Compliance and homologation sets the stage for accelerated adoption of Rail Vision's Main Line system across the vast EU market Ra'anana, Israel, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that its Main Line system has successfully obtained formal certifications for critical European Union (EU) railway standards, an important achievement that underscores the Company's dedication to quality, safety, and innovation in the railway technology market.

Rail Vision's Main Line System Successfully Secures Approval and Certifications and for EU Railway Standards

Ra'anana, Israel , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (the “Company”) (Nasdaq: RVSN), a technology company seeking to revolutionize the railway safety market, announced today that a leading US-based rail and leasing services company signed a supply contract with Rail Vision valued at up to $5,000,000 (USD) for the purchase of Rail Vision's AI-based Switch Yard Systems.

A Leading US-Based Rail & Leasing Services Company Orders Rail Vision Switch Yard Systems Valued at Up to $5 Million

Rail Vision (NASDAQ: RVSN ) stock is on the rise Tuesday despite a lack of news from the railway detection systems company. Instead, investors can point toward heavy trading as the reason for RVSN stock rallying today.

News for Rail Vision Ltd Stock (RVSN)