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.

Presentation on Wednesday, October 30th at 10:30 PM PT Ra'anana, Israel, Oct. 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, today announced that it will present at the LD Micro Main Event XVII, which will be held at the Luxe Sunset Boulevard Hotel in Los Angeles, California, from October 28-30, 2024.

Rail Vision to Participate at The LD Micro Main Event XVII

Securing t his strategic financial partnership will support Rail Vision's expected market expansion,  growth initiatives and financial requirements

Rail Vision Announces $20 Million Standby Equity Purchase Agreement

Ra'anana, Israel, Sept. 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, announced today its participation in two important events in the railway industry this year. These events offer a unique platform for Rail Vision to showcase its cutting-edge AI-based railway safety products, engage with industry professionals and explore new opportunities for innovation and collaboration.

Rail Vision Announces its Participation in Global Events Lineup to Showcase its AI- Driven Railway Products

Ra'anana, Israel, Sept. 05, 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 the approval of its U.S. patent for a cutting-edge AI-based railway obstacle detection system by the United States Patent and Trademark Office in August. This milestone reflects Rail Vision's unwavering commitment to advancing railway safety through revolutionary technology, poised to reshape the industry.

Rail Vision Granted U.S. Patent for AI-Powered Railway Obstacle Detection System, Revolutionizing Rail Safety

RA'ANANA, Israel, Aug. 29, 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 first half ended June 30, 2024.

Rail Vision Announces First Half 2024 Financial Results

Ra'anana, Israel, Aug. 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, today announced that it has been granted patent approval from the United States Patent and Trademark Office for its innovative AI-based railway obstacle detection system.

Rail Vision Granted US Patent Approval on AI-Powered Railway Obstacle Detection System

The mining Company is one of the world's largest producers of metals Ra'anana, Israel, July 31, 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 it has successfully installed its product at one of Latin America's leading mining companies.

Rail Vision Successfully Installed its AI- based Product at a Leading Global Mining Company

Ra'anana, Israel, July 26, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (the “Company”) (Nasdaq: RVSN), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced today that on July 22, 2024, the Company received a written notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the Company's closing bid price for its Ordinary Shares was below $1.00 per share for the last 30 consecutive business days.

Rail Vision Receives Nasdaq Notification Regarding Minimum Bid Requirements

Ra'anana, Israel, July 02, 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 an upcoming collaboration with Railway-News.com, a leading railway industry news and information portal, for hosting a monthly podcast with industry leaders called “Rail Evolution”.

Rail Vision and Railway News to Launch New Collaboration - Podcast Hosting Industry Leaders

The customer requested and ordered new add-ons on top of a $5 million contract with the company Ra'anana, Israel, June 25, 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 a follow-on order from one of its customers, a leading US-based rail and leasing services company.

Rail Vision Received Follow-on Order from Leading US-Based Rail and Leasing Services Company

Ra'anana, Israel, June 14, 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 the successful delivery and installation of its AI-driven Shunting Yard product to Loram, a leading US-based provider of railway track maintenance equipment and services.

Rail Vision Installed its AI-Driven Product with Loram, a Top US-Based Railway Track Maintenance Supplier

Ra'anana, Israel, June 10, 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 the successful installation of its AI-driven ShuntingYard product for a class 1 freight rail US-based company.

Rail Vision Successfully Installs AI-Driven System for Class 1 USA Operator

Ra'anana, Israel, May 24, 2024 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related SaaS market, today shared several commercial and technological accomplishments since the start of 2024, including valuable developments with tier one rail companies in the United States, the expansion of its distribution network and additional new partnerships and technological advancements. As Rail Vision progresses through 2024, the Company remains focused on scaling up to capitalize on opportunities with industry leaders, especially in United States.

Rail Vision Reflects on Positive Operational Highlights Since the Start of 2024: Scaling Up Commercialization

Ra'anana, Israel, May 21, 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 a notice of allowance from the United States Patent and Trademark Office for its innovative AI-based railway obstacle detection system.

Rail Vision Received Notice of Allowance for US Patent on AI-Powered Railway Obstacle Detection System

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.

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