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Stock impact report

Rail Vision Secures Japanese Patent for AI-Powered Railway Obstacle Detection System

Rail Vision Ltd. - Ordinary Shares (RVSN) 
Company Research Source: GlobeNewswire
Ra’anana, Israel, June 24, 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 that it has received a notice of allowance from the Japan Patent Office for its innovative AI-based railway obstacle detection system. This achievement marks a significant milestone in Rail Vision's global expansion strategy, reinforcing its commitment to enhancing railway safety across the world. The patented technology integrates advanced electro-optical imaging with artificial intelligence to detect obstacles on railways, significantly mitigating the risk of collisions and enhancing the safety of rail operations. Key features of the patent include: Advanced Electro-Optical Imaging: Employs single spectrum or multispectral imaging to capture detailed visuals of the train’s path and surroundings. Electro optic sensors are used to survey and monitor railway s Show less Read more
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