Rail Vision Received Notice Of Allowance For U.S. Patent On AI-Powered Railway Obstacle Detection System
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Rail Vision Ltd. (NASDAQ:RVSN) has received a notice of allowance from the U.S. Patent and Trademark Office for its AI-powered railway obstacle detection system. This system uses advanced electro-optical imaging and AI-driven image processing to enhance railway safety by reducing collision risks.
May 21, 2024 | 1:25 pm
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Rail Vision Ltd. has received a notice of allowance for a U.S. patent on its AI-powered railway obstacle detection system, which aims to enhance railway safety by reducing collision risks.
The notice of allowance for the U.S. patent is a significant milestone for Rail Vision Ltd., as it validates the company's innovative technology. This development is likely to positively impact the company's stock price in the short term due to the potential for increased market interest and future revenue from the patented technology.
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