Rail Vision Joins NVIDIA Metropolis to Boost Railway Safety Systems
February 29 2024 - 8:47AM
Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology
company at the forefront of revolutionizing railway safety and the
data-related market, today announces that it is joining NVIDIA
Metropolis, a partner program, application framework, and set of
developer tools focused on bringing to market a new generation of
vision AI applications. This signifies a significant step forward
in Rail Vision’s commitment to advancing rail safety and efficiency
through cutting-edge technologies.
NVIDIA Metropolis makes it easier and more cost-effective for
enterprises, governments, and integration partners to use
world-class, AI-enabled technologies to improve critical
operational efficiency and solve safety problems. The Metropolis
ecosystem contains a large and growing breadth of members investing
in advanced AI techniques and efficient deployment platforms and
uses an enterprise-class approach to their solutions. Metropolis
members can gain early access to NVIDIA platform updates to enhance
their AI application development efforts. Additionally, the program
offers the opportunity for members to collaborate with
industry-leading experts and other AI-driven organizations.
By joining Metropolis, Rail Vision hopes to gain a significant
advantage in developing and deploying AI-driven solutions that are
tailored to the unique needs of the rail sector through the
opportunity of leveraging NVIDIA’s extensive technological
expertise and integrating its cutting-edge technology.
Rail Vision uses the NVIDIA Jetson and other NVIDIA edge AI
platforms, which provide accelerated computing in compact and
energy-efficient modules, and also uses the NVIDIA TensorRT
software development kit for high-performance deep learning
inference.
About Rail Vision Ltd.
Rail Vision is a technology company that is seeking to
revolutionize railway safety and the data-related market. The
Company has developed cutting-edge, artificial intelligence-based,
industry-leading technology specifically designed for railways. The
Company has developed its railway detection and systems to save
lives, increase efficiency, and dramatically reduce expenses for
the railway operators. Rail Vision believes that its technology
will significantly increase railway safety around the world, while
creating significant benefits and adding value to everyone who
relies on the train ecosystem: from passengers using trains for
transportation to companies that use railways to deliver goods and
services. In addition, the company believes that its technology has
the potential to advance the revolutionary concept of autonomous
trains into a practical reality. For more information, please visit
https://www.railvision.io/
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act and other securities laws.
Words such as “expects,” “anticipates,” “intends,” “plans,”
“believes,” “seeks,” “estimates” and similar expressions or
variations of such words are intended to identify forward-looking
statements. For example, the Company is using forward-looking
statements when it discusses how it hopes to gains a significant
advantage in developing and deploying AI-driven solutions that are
tailored to the unique needs of the rail sector through the
opportunity to of leverage leveraging NVIDIA’s extensive
technological expertise and integrate integrating its cutting-edge
technology. Forward-looking statements are not historical facts,
and are based upon management’s current expectations, beliefs and
projections, many of which, by their nature, are inherently
uncertain. Such expectations, beliefs and projections are expressed
in good faith. However, there can be no assurance that management’s
expectations, beliefs and projections will be achieved, and actual
results may differ materially from what is expressed in or
indicated by the forward-looking statements. Forward-looking
statements are subject to risks and uncertainties that could cause
actual performance or results to differ materially from those
expressed in the forward-looking statements. For a more detailed
description of the risks and uncertainties affecting the Company,
reference is made to the Company’s reports filed from time to time
with the Securities and Exchange Commission (“SEC”), including, but
not limited to, the risks detailed in the Company’s annual report
on Form 20-F filed with the SEC on March 23, 2023. Forward-looking
statements speak only as of the date the statements are made. The
Company assumes no obligation to update forward-looking statements
to reflect actual results, subsequent events or circumstances,
changes in assumptions or changes in other factors affecting
forward-looking information except to the extent required by
applicable securities laws. If the Company does update one or more
forward-looking statements, no inference should be drawn that the
Company will make additional updates with respect thereto or with
respect to other forward-looking statements. References and links
to websites have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release. Rail Vision is not responsible
for the contents of third-party websites.
Investor RelationsMichal
Efraty+972-(0)52-3044404michal@efraty.com
ContactsShahar HaniaChief Executive OfficerRail
Vision Ltd.15 Ha'Tidhar StRa'anana, 4366517 IsraelTelephone: +972-
9-957-7706
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