Supply Side: Rail Vision; TSHII, IRRX; PICit A/S, Arcadea Group
Rail Vision receives U.S. patent approval for its AI (Artificial Intelligence)-based railway obstacle detection system. Also, Tar Sands Holdings II, LLC (TSHII), which owns refining and real estate assets plus minerals and mining rights located in Vernal, Utah, and Integrated Rail and Resources Acquisition Corp. (IRRX), enter into a business combination agreement; and Toronto-based Arcadea Group invests in PICit A/S, a supplier of port, rail, and intermodal logistics management software.