Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Rail Vision Announces It Has Entered A Non-Binding MoU With A U.S.-Base Leading Railway Technologies Company For The Distribution Of Rail Vision's Mainline And Switch Yard Systems

Author: Happy Mohamed | March 18, 2024 09:16am

 Rail Vision Ltd. (NASDAQ:RVSN) (the "Company"), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that it has entered a non- binding memorandum of understanding with a US-base leading railway technologies company for the distribution of Rail Vision's MainLine and Switch Yard systems.

The distributor develops leading engineering, science and advanced technological solutions for passenger, transit and freight rail markets for governments and private entities worldwide. Upon the execution of definitive documentation, the ultimate objective of this engagement is for the distributor to market the Company's solutions across North America.

"As we continue to operate in a direct sales channel with industry leaders, class I and top tier players in the railway industry in the U.S., it is important for us to establish a wider network through distributions. We believe that this engagement marks the first step of achieving our objectives and expanding our presence in the North American market," commented Rail Vision CEO, Shahar Hania.

Posted In: RVSN

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist