(Matthew Du, NewsUSA Reporter) - Rail Vision Ltd. provides advanced sensors and classification technology in the railway industry. On January 24, 2024, Rail Vision's new Main Line system was certified by the European Union as compliant with its reliability standards. The Main Line system is a safety procedure based on artificial intelligence.
Rail Vision's entry into the EU digital railway market caused an uptick in its stock prices. After the announcement, stocks rose by 34.7%. With the railway market expected to grow and modernize in the coming years, Rail Vision is in a position to boost its shares as it proves to be a reliable and consistent service provider.