Alstom locomotives in Israel will be equipped with the AI-based Main Line system developed by Rail Vision.
Rail Vision Ltd. is an innovator in railway safety and data technology. The technology involves a system of cameras facing the direction of travel of the train and electro-optical sensors that monitor rail infrastructure in real time. The Main Line system, equipped with advanced technology, processes data, including weather conditions in areas accessible only by rail.
The Israeli company is listed on the Nasdaq market in the United States and has a market capitalisation of USD 57.2 million. The level of cash on the balance sheet exceeds that of debt, indicating financial stability. Economic analysts expect sales to increase this year after a decline in previous years.
Israel Railways has bought ten Main Line systems from Rail Vision
This green signal from Alstom, a major player in the global rolling stock manufacturing sector, marks an important milestone for Rail Vision after its first commercial contract with Israel Railways.
Israel Railways has bought ten units of Rail Vision’s Main Line system to install on its Alstom-produced locomotives. Aslstom’s approval underlines its adherence to rigorous industry standards, emphasising its reliability and safety performance.
From high-speed trains, metros, monorail vehicles, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With a presence in 63 countries and more than 80,000 employees in 175 countries, the company focuses its design, innovation and project management skills wherever mobility solutions are needed. Listed in France, the company recorded revenues of EUR 16.5 billion for the fiscal year ending March 31, 2023.
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