RVSN

Rail Vision Gets Approval For Installation Of MainLine Systems On Israel Railways Locomotives

(RTTNews) - Rail Vision (RVSN) announced certification approval for the installation of its MainLine Systems on Israel Railways passenger locomotives. The certification triggers milestone payment of approximately $300,000 to the company.

Shahar Hania, CEO of Rail Vision, said: "We have met the strict certification standard, which aims to enable Israel Railways future plans of high-volume procurement of Rail Vision products and services."

Rail Visions certified MainLine systems enhances driver awareness by utilizing advanced obstacle detection and classification technology. The system delivers real-time, actionable data to operators.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.