Rail Vision shares surge 25.54% intraday after advancing ShuntingYard pilot with Israel Railways cargo division.

Rail Vision surged 25.54% intraday following its announcement of a one-month evaluation pilot of its ShuntingYard system with Israel Railways' cargo division. The pilot, a next phase in the collaboration, aims to test the AI-powered system's performance in rail yards under local conditions, with potential for broader deployment. The move builds on Israel Railways' existing adoption of Rail Vision’s MainLine systems and underscores the company’s expansion into safety-enhancing technologies for high-traffic rail operations. The news, coupled with the company’s recent acquisition of a 51% stake in Quantum Transportation, signaled progress in scaling its product portfolio and strengthening partnerships in key markets. The significant intraday rally reflects investor optimism over the strategic advancements and potential for increased market penetration in railway safety solutions.