Rail Vision (NASDAQ: RVSN) announced that it has advanced to the next phase of its collaboration with Israel Railways, moving forward with a one-month evaluation pilot of its ShuntingYard system following a successful initial capability demonstration. The advancement builds on Israel Railways prior purchase and installation of Rail Vision MainLine systems and will evaluate ShuntingYard performance under local operating conditions to gather detailed operational feedback from the cargo team. Designed for stop-and-go rail yard environments, the ShuntingYard product combines electro-optical sensors and real-time AI to provide continuous situational awareness in low-light and adverse weather conditions. Upon successful completion of the pilot, Rail Vision and Israel Railways plan to explore deployment options aimed at improving safety, operational efficiency, and maintenance cost savings.
To view the full press release, visit https://ibn.fm/U0RPK
About Rail Vision Ltd.
Rail Vision is a development stage 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. The company has developed its railway detection and systems to save lives, increase efficiency, and dramatically reduce expenses for the railway operators. Rail Vision believes that its technology will significantly increase railway safety around the world, while creating significant benefits and adding value to everyone who relies on the train ecosystem: from passengers using trains for transportation to companies that use railways to deliver goods and services. In addition, the company believes that its technology has the potential to advance the revolutionary concept of autonomous trains into a practical reality.
NOTE TO INVESTORS: The latest news and updates relating to RVSN are available in the company’s newsroom at http://ibn.fm/RVSN
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