Rail Vision Secures $335,000 Follow-On Order from Major Latin American Mining Company After Successful Trial

Rhea-AI Summary

Rail Vision Ltd. (RVSN) has secured a $335,000 follow-on order for its MainLine system from a major Latin American mining company following successful trials. The MainLine system provides real-time obstacle detection, classification, and alerting capabilities up to two kilometers ahead, enhancing railway safety and operational efficiency in challenging mining environments. The order represents a transition from pilot to scaled deployment, validating Rail Vision's AI-powered technology and marking significant commercial progress in Latin America. The system's proven performance under demanding operational and environmental conditions positions Rail Vision for potential expansion across the region and supports its global growth strategy.

Positive

• Secured $335,000 follow-on order after successful trial period
• Successful transition from pilot to scaled deployment indicating product validation
• Technology proven effective under demanding operational conditions
• Strategic expansion into Latin American market with potential for further growth

Negative

• Relatively small order size of $335,000 indicating early stage of commercial adoption

Insights

Financial Analyst

Rail Vision secured a modest but strategically significant $335,000 follow-on order validating their technology with potential for expansion.

Rail Vision's $335,000 follow-on order represents a meaningful commercial validation following successful trials of their MainLine system in demanding mining environments. While the dollar amount is relatively modest for a public company, the strategic significance outweighs the immediate financial impact.

The order's value primarily lies in three key aspects:

• Technology validation: The successful completion of rigorous trials under harsh operational conditions demonstrates product-market fit in a specialized industrial application
• Customer retention: As a follow-on order, this indicates customer satisfaction and potential for recurring revenue
• Expansion pathway: The press release explicitly frames this as a transition "from pilot to scaled deployment" across the client's railway fleet

Rail Vision's MainLine system, which provides obstacle detection up to two kilometers ahead, addresses critical safety challenges in mining railway operations. The company positions this contract as part of their Latin American market penetration strategy, potentially serving as a reference case for additional mining clients in the region.

While the unnamed mining company is described as "one of the region's most respected industrial players," the lack of customer identification limits verification of this claim. Additionally, the press release provides no context regarding Rail Vision's overall revenue base or how this $335,000 compares to typical order sizes.

For investors tracking Rail Vision's commercialization progress, this order confirms legitimate business traction while suggesting a sales model where successful pilots convert to broader implementations. The immediate financial impact appears limited, but the validation in a specialized industrial niche demonstrates progress in their go-to-market execution.

The order marks a significant commercial milestone and signals Rail Vision’s continued expansion in the Latin American market

Ra’anana, Israel, June 03, 2025 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN), a leader in railway safety and AI-driven vision technology, announced today it has secured a $335,000 follow-on order from a prominent Latin American mining company for its MainLine system. The order follows a long-term and successful trial of the system under demanding operational and environmental conditions.

This order reinforces Rail Vision’s increasing commercial traction in Latin America and marks an important step in expanding the client’s deployment of MainLine across its railway fleet. The system will play a critical role in enhancing safety and optimizing rail transport efficiency within the mining company’s extensive mining operations.

Rail Vision’s MainLine product provides real-time obstacle detection, classification, and alerting up to two kilometers ahead, ensuring safer, more efficient railway operations under extreme weather and lighting conditions. The company’s technology is proven, scalable, and driving increased adoption, which aims to position Rail Vision for potential long-term revenue growth and market penetration.

“This additional order is a strong endorsement of our technology by one of the region’s most respected industrial players,” said David BenDavid, CEO of Rail Vision. “It marks a significant commercial milestone that follows a year of rigorous testing and validation. This transition from pilot to scaled deployment reflects the growing demand for our AI-powered railway safety solutions and signals our accelerating momentum in the Latin American market. We view this as a gateway to further potential expansion across the region and a strong step toward our global growth strategy.”

About Rail Vision Ltd.

Rail Vision is revolutionizing railway safety with cutting-edge AI-driven vision technology. By integrating advanced electro-optics, deep learning, and big data analytics, Rail Vision’s solutions help railway operators enhance safety, optimize efficiency, and transition toward autonomous operations. The company’s expanding customer adoption and repeat orders reinforce its position as a key technology provider in the railway industry.

For more information, visit 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 the increasing adoption of its technology, its potential long-term revenue growth and market penetration, its accelerating momentum and potential expansion in the Latin American market and its global growth strategy. 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 23, 2023. 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
15 Ha’Tidhar St., POB 2155
4366517 Ra’anana, Israel
Email: investors@railvision.io
Phone: +972(0)9-9577706

FAQ

What is the value of Rail Vision's (RVSN) new order from the Latin American mining company?

Rail Vision secured a $335,000 follow-on order for its MainLine system from the Latin American mining company.

What does Rail Vision's (RVSN) MainLine system do?

The MainLine system provides real-time obstacle detection, classification, and alerting up to two kilometers ahead, enhancing railway safety and operational efficiency under extreme conditions.

Why is this order significant for Rail Vision (RVSN)?

The order marks a transition from pilot to scaled deployment, validates their technology, and signals growing commercial traction in the Latin American market.

What is Rail Vision's (RVSN) expansion strategy in Latin America?

Rail Vision views this order as a gateway for further regional expansion, using the successful deployment to drive adoption across other Latin American mining operations.

How far can Rail Vision's (RVSN) MainLine system detect obstacles?

The MainLine system can detect, classify, and alert obstacles up to two kilometers ahead of the train.