Rail Vision Acquires 51% Stake in Quantum Transportation

Reuters12-12 21:37
Rail Vision Acquires 51% Stake in <a href="https://laohu8.com/S/QMCO">Quantum</a> Transportation

Rail Vision Ltd. has entered into an agreement to acquire 51% ownership of Quantum Transportation Ltd., a company specializing in quantum computing and AI error correction technologies. As part of the deal, Rail Vision will issue ordinary shares representing approximately 4.99% of its issued and outstanding share capital to certain Quantum Transportation shareholders in exchange for their full holdings. In addition, Rail Vision will provide a convertible loan of up to $700,000 to support Quantum Transportation's operations and development over the next 18 months. Quantum Transportation holds an exclusive sublicense for a pending patent in quantum error correction for rail technologies, aiming to advance scalable, fault-tolerant quantum computing. The transaction is expected to close between late December 2025 and early January 2026, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rail Vision Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9601373-en) on December 12, 2025, and is solely responsible for the information contained therein.
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