Rail Vision Received Notice of Allowance for US Patent on AI-Powered Railway Obstacle Detection System

Ra’anana, Israel, May 21, 2024 (GLOBE NEWSWIRE) -- 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 received a notice of allowance from the United States Patent and Trademark Office for its innovative AI-based railway obstacle detection system.

This patent outlines an advanced method for enhancing rail safety through the use of electro-optical imaging technologies combined with artificial intelligence. The system is designed to significantly reduce collisions on railroads by employing an artificial intelligence model that includes comprehensive scene analysis and image processing techniques.

Key Features of the Patent:

• Advanced Electro-Optical Imaging: Utilizes single spectrum or multispectral imaging to capture comprehensive visuals of the train’s pathway and its surroundings.
   
• AI-Driven Image Processing: Incorporates deep learning through convolutional neural networks to precisely determine the railway path and detect potential obstacles along and near the path.
   
• Enhanced Safety Measures: Aims to dramatically reduce collision risks, thereby increasing the safety of rail operations.

Shahar Hania, CEO of Rail Vision, said, "This patent indicates Rail Vision's commitment and devotion to the railway industry, pioneering safety and operational efficiency from switching operations to main line freight and passenger journeys. We believe that our ADAS AI-driven obstacle detection system represents a significant technological advancement in ensuring the safety of trains by identifying and assessing obstacles in real-time, which is critical for the prevention of accidents."

For additional information regarding the MainLine and ShuntingYard products, please contact: [e-mail]

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/