financetom
Business
financetom
/
Business
/
Rail Vision Gets Japanese Patent for AI Railway Obstacle Detection System
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Rail Vision Gets Japanese Patent for AI Railway Obstacle Detection System
Jun 24, 2024 7:51 AM

10:30 AM EDT, 06/24/2024 (MT Newswires) -- Rail Vision ( RVSN ) said Monday it has received a notice of allowance from the Japan Patent Office for its artificial intelligence-based railway obstacle detection system.

The patent's features include improved safety measures to reduce collision risks and AI-driven image processing to identify the railway path and detect potential obstacles, the company said.

Shares of Rail Vision ( RVSN ) were up 4.7% in recent trading.

Price: 0.78, Change: +0.04, Percent Change: +4.71

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Signify says CEO Rondolat to step down amid falling profits
Signify says CEO Rondolat to step down amid falling profits
Jan 23, 2025
Jan 24 (Reuters) - Signify, the world's biggest maker of lights, on Friday reported a nearly 10% drop in its 2024 core profit and said CEO Eric Rondolat would step down after the annual general meeting in April. The abrupt leadership change and falling profits could shake investor confidence in the already underperforming company as it braces for the impact...
Trump's comments on tariffs, rates spark share rally
Trump's comments on tariffs, rates spark share rally
Jan 23, 2025
SINGAPORE (Reuters) -Global shares rose on Friday buoyed by the prospect of a softer stance on tariffs on China and lower U.S. rates following comments from President Donald Trump, while the yen firmed after the Bank of Japan delivered a widely expected rate hike. The BOJ raised interest rates to their highest since the 2008 global financial crisis, with attention...
LG Energy Solution cuts capex on slowing EV demand after Q4 loss
LG Energy Solution cuts capex on slowing EV demand after Q4 loss
Jan 23, 2025
SEOUL, Jan 24 (Reuters) - South Korean battery firm LG Energy Solution (LGES) said on Friday it plans to cut capital expenditure by up to 30% this year on slowing electrical vehicle demand growth, after posting a quarterly loss for the first time in three years. The company, which makes batteries for Tesla, General Motors ( GM ) and Volkswagen,...
Trump's comments on tariffs, rates spark share rally
Trump's comments on tariffs, rates spark share rally
Jan 23, 2025
SINGAPORE (Reuters) -Global shares rose on Friday buoyed by the prospect of a softer stance on tariffs on China and lower U.S. rates following comments from President Donald Trump, while the yen firmed after the Bank of Japan delivered a widely expected rate hike. The BOJ raised interest rates to their highest since the 2008 global financial crisis, with attention...
Copyright 2023-2026 - www.financetom.com All Rights Reserved