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.
For comments and feedback: editorial@rttnews.com