Rail Vision Acquires Majority Stake in Quantum Transportation to Expand Technology Portfolio

Rail Vision Ltd. (NASDAQ: RVSN) has completed its strategic transaction to acquire a 51% ownership interest in Quantum Transportation Ltd., expanding the company's technology roadmap beyond railway safety into quantum-enabled data and IP protection. Through a share exchange, Rail Vision issued 2,982,710 ordinary shares, representing approximately 4.99% of its outstanding share capital at signing, to acquire majority ownership and control of Quantum Transportation.

Quantum Transportation holds an exclusive rail-focused sublicense to a pending quantum error correction patent from Ramot, the technology transfer company of Tel Aviv University. This transaction is designed to combine quantum-AI intellectual property with Rail Vision's vision-based railway safety technologies, creating potential synergies across current and future product lines. The company also extended a convertible loan facility of up to $700,000 to support Quantum Transportation's ongoing operations and development.

The acquisition represents a significant expansion of Rail Vision's technological capabilities beyond its core focus on railway safety systems. By integrating quantum-enabled data protection with its existing artificial intelligence-based detection systems, the company aims to address broader market needs in the railway industry. This strategic move positions Rail Vision to potentially advance the concept of autonomous trains while enhancing data security across railway operations.

Rail Vision's existing technology has been developed specifically for railways, designed to save lives, increase efficiency, and reduce expenses for railway operators. The company believes its technology will significantly increase railway safety worldwide while creating benefits for all stakeholders in the train ecosystem, from passengers to companies that use railways for transportation and delivery services. The latest news and updates relating to RVSN are available in the company's newsroom at http://ibn.fm/RVSN.

The combination of quantum error correction technology with Rail Vision's existing systems could potentially create new revenue streams and competitive advantages in the railway technology market. As a development stage technology company seeking to revolutionize railway safety and data-related markets, this acquisition represents a strategic diversification of Rail Vision's intellectual property portfolio and technological capabilities.