Shares of Rail Vision Ltd. (RVSN) are up 13% on Tuesday following the announcement of securing an order for its AI-powered Switch Yard System from a Class 1 freight rail company in North America.
RVSN is trading on the Nasdaq at $1.77, up 13.36% or $23.37 per share. It has traded between $1.01 and $23.37 in the past 52-week period.
The company will utilize the system, incorporating electro-optic sensors, AI, machine learning, and ADAS solutions, on its locomotive to assess efficiency and safety in various scenarios.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.