RVSN - Why Rail Vision Stock Is Tracking Higher | Benzinga
Rail Vision, Ltd. (NASDAQ:RVSN) shares are trading higher Monday after the company announced it has received an order for its AI-driven Switch Yard System from a Class 1 freight rail company in the U.S.
The Details:
Rail Vision said the order is from one of the largest freight rail companies in North America, and the company will install and use the system on its locomotive for evaluation and testing different scenarios related to safety.
“We believe that this new order is a milestone for Rail Vision that signifies the industry’s trust in our solutions to navigate the complexities of rail operations. By leveraging AI and machine learning, we aim to transform the way railways operate, enhance safety, efficiency reliability and preserve business continuity across a railway network," commented Rail Vision CEO, Shahar Hania.
Rail Vision shares ...