A Little Background About the Company
Rail Vision designs, develops, and manufactures pioneering systems to improve railway safety and maintenance through electro optic sensors, Artificial Intelligence and Deep Learning.
The Problem: Accidents & derailments. American Railways carry highly flammable, extremely toxic chemicals, Oil & Gas, Coal, heavy equipment, machinery and countless commodities, raw material and manufactured goods across the United States. Though accidents are rare but can be deadly when they happen.
The Solution: Rail Vision’s solutions address key issues within the industry such as the obstacles and accidents, high operational costs, lack of personnel, capacity and maintenance issues, intense traffic on the tracks, extensive driving distances, and weather and light conditions.
Rail Vision detects objects on and along the tracks from a distance up to 2 kilometers – in real time, as well as under most weather and light conditions. Rail Vision’s electro-optic sensors (including thermal and day camera), AI and Deep Learning solutions overcome limited vision, expanding the range of sight, decreasing downtime, while increasing punctuality, efficiency, and safety.
Why did the stock start to surge on Jan. 22?
Rail Vision's Main Line system is now certified in compliance with EN 50155, which sets the benchmark for hardware equipment in railway applications, ensuring the robustness and reliability of rolling stock components. This compliance demonstrates Rail Vision's system's ability to withstand the rigorous physical demands of railway operations. Additionally, the system meets the requirements of EN 50126, focusing on the specification and demonstration of Reliability, Availability, Maintainability, and Safety (RAMS). This standard is crucial in the railway industry, as it guarantees that the system can be relied upon for consistent performance and safety. Furthermore, Rail Vision’s system aligns with EN 50657 standards related to software on board rolling stock. This compliance ensures that the software integrated into the Company's Main Line system meets the highest levels of safety and functionality, crucial for the smooth operation of modern trains. The Main Line system also adheres to EN 45545 standards related to fire protection on railway vehicles.
Why we Picked this Stock?
1. We thought EU Certification was a big deal
2. The stock was trading near 52WK Lows.
However, we are as surprised as many of you at the gigantic surge, it was the fastest and most lucrative trades of Jan. 2024!
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Source: DailyStockDeals DailyStockShow www.OxBridgeResearch.com Rail Vision.
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