Rail vision received $1 million order out of a contract valued at up to $5 million with leading us-based rail and leasing services company

Ra'anana, israel, april 11, 2024 (globe newswire) -- rail vision ltd. (nasdaq: rvsn) (the “company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, announced today that it has received an initial purchase order amounting to approximately $1 million as part of a contract valued at up to $5 million with a leading us-based rail and leasing services company that the company announced on january 17, 2024. the order is for the purchase of rail vision's ai-based shuntingyard products, which are expected to be installed during the third quarter of this year.
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