Rail Vision Received Follow-on Order from Leading US-Based Rail and Leasing Services Company [Yahoo! Finance]
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: Yahoo! Finance
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. The Company announced at the beginning of 2024, it has signed a contract valued at up to $5 million for ShuntingYard products. In April 2024, Rail Vision received an initial purchase order amounting to approximately $1 million as part of the contract, with the additional $4 million of follow-on orders subject to customer approval. The current follow-on order, in the amount of approximately $200,000, is in addition to the existing contract, and refers to additional services requested by the customer. Rail Vision's unique ShuntingYard product enables railway operators to streamline and enhance the safety of their switching operations. Combining advanced vision sensors
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News
- Rail Vision Received Follow-on Order from Leading US-Based Rail and Leasing Services CompanyGlobeNewswire
- Rail Vision Secures Japanese Patent for AI-Powered Railway Obstacle Detection System [Yahoo! Finance]Yahoo! Finance
- Rail Vision Secures Japanese Patent for AI-Powered Railway Obstacle Detection SystemGlobeNewswire
- Rail Vision Installed its AI-Driven Product with Loram, a Top US-Based Railway Track Maintenance Supplier [Yahoo! Finance]Yahoo! Finance
- Rail Vision Installed its AI-Driven Product with Loram, a Top US-Based Railway Track Maintenance SupplierGlobeNewswire
RVSN
Sec Filings
- 6/25/24 - Form 6-K
- 6/24/24 - Form 6-K
- 6/14/24 - Form 6-K
- RVSN's page on the SEC website