RA'ANANA, Israel - Rail Vision Ltd. (NASDAQ:RVSN), a leader in railway safety technology, has announced the successful acquisition of essential European Union (EU) certifications for its Main Line system, a move set to enhance its position in the EU railway technology market. The EU, with its extensive railway network, represents a significant market for rail products and services, and Rail Vision's compliance with EU standards is expected to facilitate the broader adoption of its technology.
The company's Main Line system has met the EN 50155 standard, which addresses the robustness and reliability of railway hardware equipment. This certification confirms the system's capacity to endure the demanding conditions of railway operations. Furthermore, the system complies with EN 50126, which focuses on Reliability, Availability, Maintainability, and Safety (RAMS) specifications, ensuring dependable and safe performance. Rail Vision's technology also aligns with EN 50657 and EN 45545 standards, which pertain to onboard software safety and functionality, and fire protection in railway vehicles, respectively.
Noam Shloper, Head of Quality and Reliability at Rail Vision, expressed the company's commitment to product quality and safety, stating that the compliance with EU standards is a significant milestone. The certification is seen as a competitive advantage in the rapidly growing digital railway market, projected to exceed $100B by 2027.
Rail Vision is recognized for its artificial intelligence-based technology designed to improve safety and efficiency in the railway industry. The company's innovations aim to save lives, reduce operational costs, and contribute to the advancement of autonomous trains. These recent certifications are expected to play a crucial role in the company's expansion within the EU market.
The information provided in this article is based on a press release statement from Rail Vision Ltd.
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