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Rail Vision Ltd. ( (RVSN) ) has issued an update.
Rail Vision Ltd. announced its MainLine Systems received certification approval for installation on Israel Railways’ passenger locomotives, triggering a $300,000 payment. This milestone marks significant progress in their partnership with Israel Railways, potentially leading to future high-volume procurement and strengthening Rail Vision’s position in the railway safety industry.
More about Rail Vision Ltd.
Rail Vision Ltd. is a technology company focused on revolutionizing railway safety and the data-related market with its cutting-edge, AI-based technology. The company aims to enhance railway safety globally, improve efficiency, and reduce costs for railway operators while advancing the concept of autonomous trains.
YTD Price Performance: -49.14%
Average Trading Volume: 1,905,206
Technical Sentiment Consensus Rating: Sell
Learn more about RVSN stock on TipRanks’ Stock Analysis page.
