Rail Vision Ltd. (NASDAQ: RVSN) Strengthens Innovation Roadmap with Completion of Quantum Transportation Transaction
Rail Vision confirmed the completion of its previously announced transaction to acquire a 51% ownership interest in Quantum Transportation. The company noted that Quantum Transportation’s intellectual property adds a new dimension to the company’s portfolio. RVSN’s core technology has attracted attention and adoption beyond R&D demonstrations. Improving railway safety and operational efficiency remains a critical priority as global rail networks face increasing traffic, aging infrastructure and heightened safety expectations. With this priority in mind, Rail Vision (NASDAQ: RVSN) recently announced that it has successfully completed a strategic acquisition that expands its technological capabilities and long-term innovation potential. Rail Vision is an early commercialization-stage technology…