Rail Vision Says MainLine Systems Receive Approval for Use on Israel Railways; Shares Up Pre-Bell-March 2024-www.financetom.com

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

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

Dec 27, 2024 6:15 AM

08:55 AM EST, 12/27/2024 (MT Newswires) -- 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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