Rail Vision Receives Purchase Order from One of the Leading Central America Freight Rail Operators
Rail Vision (Nasdaq: RVSN) has received a purchase order for its MainLine product from a leading Central American freight operator for a proof of concept (POC). The MainLine system offers real-time object detection and classification using AI and long-range vision sensors to enhance rail safety and operational efficiency.
The freight operator, which manages a large locomotive fleet across extensive rail networks, selected Rail Vision's technology to align with their safety standards and technological modernization goals. This order builds upon Rail Vision's existing experience with freight operators and Class 1 rail operators in the Americas where their safety technologies have been previously implemented.
Rail Vision (Nasdaq: RVSN) ha ricevuto un ordine di acquisto per il suo prodotto MainLine da un importante operatore merci dell'America Centrale per un progetto pilota (POC). Il sistema MainLine offre rilevamento e classificazione degli oggetti in tempo reale utilizzando intelligenza artificiale e sensori di visione a lungo raggio, al fine di migliorare la sicurezza ferroviaria e l'efficienza operativa.
L'operatore merci, che gestisce una vasta flotta di locomotive su ampie reti ferroviarie, ha scelto la tecnologia di Rail Vision per allinearsi ai propri standard di sicurezza e obiettivi di modernizzazione tecnologica. Questo ordine si basa sull'esperienza preesistente di Rail Vision con operatori merci e operatori ferroviari di Classe 1 nelle Americhe, dove le loro tecnologie per la sicurezza sono state precedentemente implementate.
Rail Vision (Nasdaq: RVSN) ha recibido un pedido de compra por su producto MainLine de un importante operador de carga de América Central para un proyecto piloto (POC). El sistema MainLine ofrece detección y clasificación de objetos en tiempo real utilizando inteligencia artificial y sensores de visión de largo alcance para mejorar la seguridad ferroviaria y la eficiencia operativa.
El operador de carga, que gestiona una gran flota de locomotoras a través de extensas redes ferroviarias, escogió la tecnología de Rail Vision para alinearse con sus estándares de seguridad y objetivos de modernización tecnológica. Este pedido se basa en la experiencia existente de Rail Vision con operadores de carga y operadores ferroviarios de Clase 1 en las Américas, donde sus tecnologías de seguridad han sido implementadas previamente.
Rail Vision (Nasdaq: RVSN)은 주요 중앙 아메리카 화물 운영자로부터 MainLine 제품에 대한 구매 주문을 받았습니다. 이 주문은 개념 증명(POC)을 위한 것입니다. MainLine 시스템은 인공지능 및 장거리 비전 센서를 사용하여 실시간으로 객체를 감지하고 분류하여 철도 안전 및 운영 효율성을 높입니다.
광범위한 철도 네트워크에 걸쳐 큰 기관차 함대를 관리하는 이 화물 운영자는 안전 기준 및 기술 현대화 목표에 부합하기 위해 Rail Vision의 기술을 선택했습니다. 이 주문은 Rail Vision이 미주 지역의 화물 운영자 및 Class 1 철도 운영자와의 기존 경험을 바탕으로 하며, 그곳에서 안전 기술이 이전에 구현되었습니다.
Rail Vision (Nasdaq: RVSN) a reçu une commande d'achat pour son produit MainLine d'un important opérateur de fret d'Amérique Centrale pour une preuve de concept (POC). Le système MainLine offre la détection et la classification d'objets en temps réel grâce à l'IA et des capteurs de vision à longue portée, afin d'améliorer la sécurité ferroviaire et l'efficacité opérationnelle.
L'opérateur de fret, qui gère une vaste flotte de locomotives à travers des réseaux ferroviaires étendus, a choisi la technologie de Rail Vision pour s'aligner sur ses normes de sécurité et ses objectifs de modernisation technologique. Cette commande s'appuie sur l'expérience existante de Rail Vision avec les opérateurs de fret et les opérateurs ferroviaires de Classe 1 en Amérique, où leurs technologies de sécurité ont été précédemment mises en œuvre.
Rail Vision (Nasdaq: RVSN) hat einen Kaufauftrag für sein MainLine-Produkt von einem führenden Frachtbetreiber in Zentralamerika für ein Konzeptnachweis (POC) erhalten. Das MainLine-System bietet die Echtzeiterkennung und Klassifikation von Objekten mithilfe von KI und Langstreckensensoren, um die Sicherheit im Schienenverkehr und die Betriebseffizienz zu verbessern.
Der Frachtbetrieb, der eine große Lokomotivflotte über umfangreiche Schienennetze verwaltet, hat sich für die Technologie von Rail Vision entschieden, um sich an seinen Sicherheitsstandards und technologischen Modernisierungszielen auszurichten. Dieser Auftrag baut auf der bestehenden Erfahrung von Rail Vision mit Frachtbetreibern und Class-1-Eisenbahnbetreibern in Amerika auf, wo ihre Sicherheitstechnologien bereits implementiert wurden.
- New purchase order secured from major Central American freight operator
- Expansion into new geographic market (Central America)
- Validates product acceptance in freight rail sector
- POC stage only - not a full commercial deployment
- Financial terms not disclosed
Insights
The purchase order for Rail Vision's MainLine system represents a strategic entry into the Central American freight market, though the immediate revenue impact appears given it's for a proof of concept deployment. The MainLine system, leveraging AI and long-range vision sensors, addresses a critical need in the freight rail sector for enhanced safety and operational efficiency.
The strategic value lies in the potential for larger-scale deployment if the POC proves successful. Central American freight operators collectively manage thousands of kilometers of track, presenting a substantial market opportunity. However, the path from POC to full commercial deployment typically spans 12-18 months in the rail industry, with success rates varying significantly.
For a micro-cap company (
The selection of Rail Vision's MainLine system by a major Central American freight operator is technically significant. The region's rail networks face unique challenges including diverse terrain, extreme weather conditions and areas with infrastructure - precisely where AI-powered detection systems can provide the most value.
The system's real-time object detection and classification capabilities are particularly relevant for:
- Reducing collision risks in areas with frequent unauthorized track crossings
- Improving visibility in challenging weather conditions common in Central America
- Enabling predictive maintenance through continuous monitoring
Ra’anana, Israel, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, has received a purchase order for its MainLine product from one of the leading Central America freight operators. This purchase order will support a proof of concept (POC) aimed at demonstrating the MainLine’s advanced capabilities in enhancing rail safety and operational efficiency.
The freight operator operates a vast fleet of locomotives across extensive rail networks. Known for its commitment to safety and technological modernization, the freight operator has invested significantly in upgrading its infrastructure, implementing efficient scheduling systems and adopting advanced safety protocols to minimize accidents and environmental risks.
Rail Vision's MainLine product was selected for its ability to provide real-time object detection and classification using state-of-the-art artificial intelligence (AI) and long-range vision sensors. These capabilities align with the freight operator’s stringent safety standards and strategic goal of leveraging cutting-edge technology to optimize operations.
This purchase adds to Rail Vision's proven track record with leading freight operators and Class 1 rail operators in the Americas, where its rail safety technologies have already been demonstrated and deployed.
“This purchase order marks another milestone in Rail Vision’s efforts to expand its footprint in global markets,” said Shahar Hania, CEO of Rail Vision. “We are excited to collaborate with one of the leading freight operators in Central America, showcasing the potential of our MainLine product to address critical safety challenges in the rail industry.”
About Rail Vision Ltd.
Rail Vision is a technology company that is seeking to revolutionize railway safety and the data-related market. The Company has developed cutting-edge, artificial intelligence-based, industry-leading technology specifically designed for railways. The Company has developed its railway detection and systems to save lives, increase efficiency, and dramatically reduce expenses for the railway operators. Rail Vision believes that its technology will significantly increase railway safety around the world, while creating significant benefits and adding value to everyone who relies on the train ecosystem: from passengers using trains for transportation to companies that use railways to deliver goods and services. In addition, the company believes that its technology has the potential to advance the revolutionary concept of autonomous trains into a practical reality. For more information, please visit https://www.railvision.io/
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses its efforts to expand its footprint in global markets and the potential of its MainLine product to address critical safety challenges in the rail industry. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F filed with the SEC on March 28, 2024. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Rail Vision is not responsible for the contents of third-party websites.
Investor Relations
Michal Efraty
investors@railvision.io
FAQ
What is Rail Vision's MainLine product being tested in Central America?
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