Rail Vision Says MainLine Systems Receive Approval for Use on Israel Railways; Shares Up Pre-Bell

MT Newswires Live2024-12-27

Rail Vision (RVSN) said Friday it received certification approval to install its MainLine Systems on Israel Railways' passenger locomotives, triggering a milestone payment of about $300,000.

The company said its MainLine System enhances driver awareness through advanced obstacle detection and classification technology, providing real-time data to operators.

The company shares were up more than 57% in recent premarket activity.

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