Rail Vision Ltd. announced on December 27, 2024, that it achieved a critical project and regulatory milestone by receiving certification approval for the installation of its MainLine Systems on Israel Railways’ passenger locomotives. This certification is a testament to the company's commitment to meeting industry compliance requirements.
The certification triggers an immediate milestone payment of approximately $300,000 to Rail Vision. This payment marks significant progress with Israel Railways and is expected to pave the way for potential future volume procurement of Rail Vision products and services.
CEO Shahar Hania emphasized that meeting the strict certification standard aims to enable Israel Railways’ future plans for high-volume procurement. Rail Vision’s certified MainLine systems enhance driver awareness through advanced obstacle detection and classification technology, delivering real-time data to operators.
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