Ra’anana, Israel-based technology company Rail Vision Ltd. (Rail Vision), on Oct. 9 announced the signing of a non-binding term sheet for a strategic transaction to acquire 51% ownership of Quantum Transportation Ltd. (Quantum Transportation), a quantum computing and AI company specializing in error correction technologies.
Israel-based technology company Rail Vision Ltd. appoints David BenDavid as CEO. Also, New Jersey Transit (NJT) veteran Rich Schaefer is rejoining infrastructure firm HNTB Corporation as Program Manager; and Thomas J. Taffe is tabbed for Chief of the New York Metropolitan Transportation Authority Police Department (MTAPD).
Rail Vision Ltd. joins MxV Rail’s Technology Roadmap Program. Also, Wabtec Corporation renews a locomotive services agreement in India.
Hitachi Rail is named as Greater Toronto’s Top Employer. Also, Rail Vision introduces a new Software as a Service (SaaS) platform.
Rail Vision unveils a new innovative active control system. Also, ROLLON Corp. expands its manufacturing operations in Michigan and opens a new business office space in New Jersey; Icomera and SpaceX Starlink team up to transform onboard rail connectivity; and Tealinc LLC marks one year under new ownership.
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.
FreightCar America marks a milestone with the 10,000th railcar produced at its Mexico plant. Also, Rail Vision Ltd. receives a follow-on order from a U.S.-based rail and leasing services company.
![According to Rail Vision, its Shunting Yard System “automatically detects and classifies objects within a range of 200 meters [656 feet]—in any weather or light conditions.” (Image Courtesy of Rail Vision)](https://www.old.railwayage.com/wp-content/uploads/2024/06/Screenshot-2024-06-11-at-4.16.13-PM-1-315x168.png)
Track maintenance equipment and services provider Loram takes delivery of Rail Vision Ltd.’s monitoring and obstacle detection system for yards. Also, Wabtec Corporation achieves ISO 27001 certification; and Eco-Energy, LLC partners with Commtrex to deliver outsourced logistics and fleet management services throughout North America.
![According to Rail Vision, its ShuntingYard system “automatically detects and classifies objects within a range of 200 meters [218 yards]—in any weather or light conditions.” (Image Courtesy of Rail Vision)](https://www.old.railwayage.com/wp-content/uploads/2024/06/Screenshot-2024-06-11-at-4.16.13-PM-315x168.png)
A U.S. Class I railroad has taken delivery of Rail Vision Ltd.’s monitoring and obstacle detection system for yards. Also, Wabtec Corporation’s Green Friction braking system will be deployed on RER A line trains operating in the Paris, France, metropolitan area.
Rail Vision Ltd. receives a U.S. patent notice of allowance for its AI (Artificial Intelligence)-based railway obstacle detection system. Also, North American Rail Solutions acquires Strategic Rail, LLC in Tomahawk, Wis.
