Update
$Rail Vision(RVSN.US$ Rail Vision Wins US Order Advancing Railway Safety With AI Technology
GlobeNewswire· 3 mins ago
The customer is a large Class 1 freight rail company in the US
Ra'anana, Israel, April 09, 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, recently announced its latest achievement: securing an order for its innovative AI-powered Switch Yard System from a Class 1 freight rail company in North America.
This order, previously announced, represents a significant vote of confidence in Rail Vision's technology and a milestone in the company's expansion into the North American market, setting a new precedent for safety and efficiency in rail operations.
The freight rail company, which is one of the largest in North America, will install and use the system on its locomotive for evaluation and testing different scenarios related to safety.
Shahar Hania, CEO of Rail Vision, said: "We believe that this new order marks a significant milestone for Rail Vision emphasizing the rail industry's confidence in our innovative rail management solutions. Our commitment to leveraging artificial intelligence and machine learning aims to redefine railway operations, elevating safety, efficiency, and reliability, while ensuring uninterrupted business operations across the network. This venture in North America is just the beginning of our quest to bring new standards of safety and operational excellence in rail transportation."
GlobeNewswire· 3 mins ago
The customer is a large Class 1 freight rail company in the US
Ra'anana, Israel, April 09, 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, recently announced its latest achievement: securing an order for its innovative AI-powered Switch Yard System from a Class 1 freight rail company in North America.
This order, previously announced, represents a significant vote of confidence in Rail Vision's technology and a milestone in the company's expansion into the North American market, setting a new precedent for safety and efficiency in rail operations.
The freight rail company, which is one of the largest in North America, will install and use the system on its locomotive for evaluation and testing different scenarios related to safety.
Shahar Hania, CEO of Rail Vision, said: "We believe that this new order marks a significant milestone for Rail Vision emphasizing the rail industry's confidence in our innovative rail management solutions. Our commitment to leveraging artificial intelligence and machine learning aims to redefine railway operations, elevating safety, efficiency, and reliability, while ensuring uninterrupted business operations across the network. This venture in North America is just the beginning of our quest to bring new standards of safety and operational excellence in rail transportation."
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10baggerbamm : let's see how high they pump it to this time one thing's for certain it never holds a rally every rally has been met with massive cells and lower lows
10baggerbamm : so if you read the news it says this order previously announced... I guess people don't know how to read the story they just see it and jump on it and bid it up because this is like buying off of old news it's already been published
TrytosaveabitOP 10baggerbamm: Im starting to think this is somebody pumping price? Im trying to find anything to indicate this is new and not a repeat of the order last week or week before? Grrr! But yes I agreee with you on that
TrytosaveabitOP 10baggerbamm: I just seen as I posted you about what I was not seeing! Seems designed to do exactly what it did?? If so, super manipulation for SS’s?
10baggerbamm : yep what you just witnessed is a new round of bag holders...
TrytosaveabitOP 10baggerbamm: If that’s what happened? I see someone filling a complaint to get a investigation started!
10baggerbamm TrytosaveabitOP: you can investigate anything the fact that the matter is is they just re-released an old contract that they won I would look to see if there's inside or selling if they registered to file because I suspect that one of the Insiders may have said to someone else well we're never going to be able to get out now hey I got an idea what's that let's just release news of a contract and people jump first before they figure out where they're going to land and we can take advantage of that and sell our stock before they understand what happens
TrytosaveabitOP 10baggerbamm: But I’m not sure what to think now! A few more outlets are reporting it as new? So 1 saying old! 3 others just reporting as it’s new? With PM volume as high as it is. Im not 100% clear either way now? Hehehe
10baggerbamm TrytosaveabitOP: real simple go to the company's website and look at their own news announcements and see when they reported it simple as that do your own homework don't believe what Yahoo says don't believe what Google search says see what the company said and when they released it
TrytosaveabitOP 10baggerbamm: Ty! I do my own thorough DD! Breaking PR sometimes shows in breaking news before it hits the companies website sometimes! But thanks
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