Arcadea Group

Rail Vision systems are said to detect objects on and along the tracks from a distance of up to 1.2 miles (2 kilometers)—in real time, as well as in all weather and light conditions. When an obstacle is detected, the system sends visual and acoustic alerts in real-time to both the operator and the command-and-control center. (Image Courtesy of Rail Vision)
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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.