Rail Vision Receives Israel Railways Regulation Approval for its MainLine Products
Rail Vision Ltd. - Ordinary Shares (RVSN)
Company Research
Source: GlobeNewswire
This achievement aims to support Israel Railways future volume procurement The approval also triggers an immediate $300,000 payment Ra’anana, Israel, Dec. 27, 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 achievement of a critical project and regulatory milestone: 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, marking significant progress with Israel Railways and paving the way for potential future volume procurement. “Achieving certification is a testament to Rail Vision’s dedication to excellence and our commitment to meeting industry compliance requirements,” said Shahar Hania, CEO of Rail Vision. “We have met the strict certification standard, which aims to enable Israel Railways’
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News
- Rail Vision Receives Israel Railways Regulation Approval for its MainLine Products [Yahoo! Finance]Yahoo! Finance
- Rail Vision to Join MxV Rail's Technology Roadmap Program to Improve Safety and Efficiency of Rail Operations in North America [Yahoo! Finance]Yahoo! Finance
- Rail Vision to Join MxV Rail’s Technology Roadmap Program to Improve Safety and Efficiency of Rail Operations in North AmericaGlobeNewswire
- Rail Vision Introduces D.A.S.H. SaaS Platform: Powerful Safety and Data-Driven Insights for Rail Industry [Yahoo! Finance]Yahoo! Finance
- Rail Vision Introduces D.A.S.H. SaaS Platform: Powerful Safety and Data-Driven Insights for Rail IndustryGlobeNewswire
RVSN
Sec Filings
- 12/27/24 - Form 6-K
- 12/26/24 - Form 6-K
- 12/4/24 - Form 6-K
- RVSN's page on the SEC website