Rail Vision CEO: Concluding 2025 with a Strong Cash Position, Zero Debt, Commercialization Gains, Global Expansion and Powerful Partnerships. Quantum Rail Innovation Ahead

Rhea-AI Summary

Rail Vision (Nasdaq: RVSN) reported multiple 2025 commercialization milestones, a strong year‑end cash position and zero debt, and announced strategic global partnerships and a majority acquisition in quantum computing.

Highlights include a $335,000 follow‑on mining order, a Central America purchase order in advanced trials, a Sujan Industries MoU and a 51% acquisition of Quantum Transportation with a neural‑decoder breakthrough.

Positive

• Zero debt and strong cash runway at year‑end 2025
• $335,000 follow‑on order from a major mining company (2025)
• Purchase order and advanced MainLine trial with Central America freight operator (hundreds of locomotives potential)
• 51% acquisition of Quantum Transportation; transformer‑based neural decoder breakthrough
• Deepened Israel Railways partnership and planned ShuntingYard deployment in cargo division (2026)

Negative

• None.

Key Figures

Follow-on order value: $335,000 Ownership stake: 51% Shares issued: 2,982,710 shares +5 more

8 metrics

Follow-on order value $335,000 Follow-on order from major Latin American mining company

Ownership stake 51% Stake acquired in Quantum Transportation

Shares issued 2,982,710 shares Consideration for Quantum Transportation acquisition

Equity dilution 4.99% Portion of pre-issuance share capital issued for acquisition

Convertible loan facility $700,000 Loan facility to Quantum Transportation at 8% interest

Loan interest rate 8% Annual interest on Quantum Transportation loan facility

Indian Railways route length 69,181 km Scale of Indian Railways network as of Mar 31, 2024

Indian locomotive fleet >17,000 locomotives Size of Indian Railways locomotive fleet in late 2025

Market Reality Check

Price: $5.99 Vol: Volume 73,793 is about 0....

low vol

$5.99 Last Close

Volume Volume 73,793 is about 0.29x the 20-day average of 251,736, suggesting limited participation before this update. low

Technical Shares at 6.59 are trading below the 200-day MA of 11.5 and 77.71% below the 52-week high of 29.571, despite being 80.05% above the 52-week low of 3.66.

Peers on Argus

RVSN gained 11.69% while peers were mixed: RAIL +3.54%, GBX +0.24%, FSTR +0.35%,...

RVSN gained 11.69% while peers were mixed: RAIL +3.54%, GBX +0.24%, FSTR +0.35%, versus declines in SWVL -7.36% and CVV -4.73%, indicating a stock-specific move rather than a sector-wide trend.

Historical Context

5 past events · Latest: Feb 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 06	Partnership pilot	Positive	+39.1%	ShuntingYard pilot with Israel Railways cargo division after successful demo.
Feb 05	Quantum tech update	Positive	-5.8%	Quantum Transportation unveiled transformer-based neural decoder beating classical QEC decoders.
Jan 15	Quantum tech update	Positive	+3.9%	Prototype universal quantum error correction decoder outperformed classical approaches in simulations.
Jan 14	Strategic acquisition	Neutral	-8.7%	Completion of 51% acquisition of Quantum Transportation with share issuance and loan facility.
Jan 06	Market entry POC	Positive	+8.8%	Start of Mainline proof-of-concept in India for senior government officials and stakeholders.

Pattern Detected

Recent news has mostly seen price moves aligned with generally positive operational and quantum-computing updates, with one notable divergence on a quantum decoder announcement.

Recent Company History

Over the past months, RVSN has reported several milestones: a ShuntingYard pilot with Israel Railways (Feb 6, 2026), Indian market entry via a Mainline POC (Jan 6, 2026), and momentum in quantum computing through its majority-owned Quantum Transportation, including a 51% acquisition on Jan 14, 2026. Most of these updates, especially operational pilots and partnerships, coincided with positive share reactions, while a detailed quantum decoder release on Feb 5, 2026 saw a negative move, showing mixed reception to deep-tech announcements.

Market Pulse Summary

This announcement underscores Rail Vision’s 2025 progress: commercial orders such as the $335,000 fo...

Analysis

This announcement underscores Rail Vision’s 2025 progress: commercial orders such as the $335,000 follow-on in Latin America, expansion with Israel Railways and Indian POCs, and a strategic majority stake in Quantum Transportation (51% ownership). Management highlights a strong cash position and zero debt alongside quantum-AI initiatives. Historically, operational pilots and market-entry moves have often coincided with positive reactions, while complex quantum updates drew mixed responses, making future commercialization milestones and partnership conversions important data points to monitor.

Key Terms

memorandum of understanding, proof of concept, quantum computing, quantum error correction, +2 more

6 terms

memorandum of understanding regulatory

"An additional major highlight was the memorandum of understanding with Sujan Industries..."

A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.

proof of concept technical

"This partnership gained significant traction with a high-profile Proof of Concept project..."

A proof of concept is a demonstration that shows a new idea, product, or method is feasible and can work as intended. It serves as evidence that an approach has potential value before full development or investment begins. For investors, it helps assess the likelihood of success and reduces uncertainty about whether the concept can deliver its promised benefits.

quantum computing technical

"In parallel, we made a strategic leap into quantum computing."

Quantum computing is a type of advanced technology that uses the principles of quantum physics to perform calculations much faster than traditional computers. It can process vast amounts of information simultaneously, potentially solving complex problems that are currently impossible or take too long with regular computers. For investors, this technology could lead to breakthroughs in areas like cryptography, data analysis, and optimization, impacting financial markets and security systems.

quantum error correction technical

"neural decoder that outperforms classical quantum error correction algorithms in simulations."

Quantum error correction is a set of methods for detecting and fixing mistakes in quantum computers by encoding fragile quantum information across multiple physical parts, much like using multiple copies or checksums to protect a sensitive digital file. For investors, it matters because reliable error correction is a key technical milestone that determines whether quantum machines can scale from experimental devices to practical tools that could disrupt computing, encryption, drug discovery and other industries.

transformer-based neural decoder technical

"Quantum Transportation unveiled a breakthrough transformer-based neural decoder that outperforms..."

A transformer-based neural decoder is the part of an advanced AI model that generates output—like text, code, or predictions—by turning learned patterns into a coherent response. Think of it as the model’s writer or composer that arranges pieces of information into a final answer; it matters to investors because its quality drives AI product performance, user experience, potential revenue, compute costs, and risks such as errors or biased outputs that can affect a company’s value.

autonomous operations technical

"opening entirely new frontiers in predictive safety, anomaly detection, and autonomous operations."

Autonomous operations are business activities carried out largely by machines, software or artificial intelligence with little or no human oversight, such as self-driving vehicles, automated factories, or software that runs routine decisions. Investors care because these systems can cut labor costs, speed up production, and scale faster like a self-driving car fleet compared with human drivers, but they also introduce technology, safety and regulatory risks that affect profitability and valuation.

AI-generated analysis. Not financial advice.

Ra’anana, Israel, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Rail Vision Ltd. (Nasdaq: RVSN) (“Rail Vision” or the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, today issued a corporate update to its shareholders from the Company’s Chief Executive Officer, Mr. David BenDavid.

Dear Shareholders,

2025 was a transformative year for Rail Vision. We are continuing the execution of our commercialization plan while we actively seek new opportunities that have the potential to provide us with sustained commercial momentum through strategic partnerships and technological leadership, while maintaining a strong balance sheet, with zero debt and with a cash position that provides us with financial flexibility and sufficient runway to execute our vision.

Key 2025 milestones included several important commercial advancements that continue to drive our momentum into 2026. We secured a purchase order from one of Central America’s leading freight rail operators for our MainLine system. Currently in an advanced trial phase, the system is generating excellent feedback from our customers and has potential to enhance safety and operational efficiency across the customer’s extensive network of hundreds of locomotives.

During 2025, we deepened our flagship partnership with Israel Railways which publicly highlighted Rail Vision at CES 2026 as cutting-edge AI technology in obstacle detection. As our MainLine systems are already operational on their locomotives, we progress our partnership into 2026 with the aim to deploy our ShuntingYard system in Israel Railways cargo division.

In Latin America, we built on a successful initial pilot by securing a $335,000 follow-on order from a major mining company, further validating the value of our technology in demanding industrial rail environments and signaling strong continued expansion in the region.

An additional major highlight was the memorandum of understanding with Sujan Industries, a leading supplier to the Indian rail industry, aimed at penetrating one of the world’s largest rail markets. This partnership gained significant traction with a high-profile Proof of Concept project launched in January 2026. This project demonstrated our MainLine product’s capabilities under challenging local weather conditions to senior governmental officials from multiple departments and key stakeholders in the Indian Railways ecosystem, with initial feedback supporting continued engagement.

In parallel, we made a strategic leap into quantum computing. We recently completed the acquisition of a 51% stake in Quantum Transportation, a cutting-edge quantum computing and AI company specializing in machine-learning-based error correction technologies, to become our majority-owned subsidiary, and announced that Quantum Transportation unveiled a breakthrough transformer-based neural decoder that outperforms classical quantum error correction algorithms in simulations. While this technology is initially focused on quantum research, we are already exploring long-term synergies with our railway AI platforms, potentially opening entirely new frontiers in predictive safety, anomaly detection, and autonomous operations.

Looking ahead, our focus is clear as we continue to execute our strategy in 2026:

• Convert pilots and POCs into revenue and fleet-wide deployments
• Leverage our strong balance sheet to scale sales and marketing channels
• Expand geographic footprint through key strategic partners and distributors
• Integrate quantum-AI capabilities to position Rail Vision not only as the leader in today’s rail safety, but as the enabler of tomorrow’s autonomous railways
  
  

As we enter 2026, we believe that we are well-positioned, supported by our validated technology, strong partner relationships, and a clear focus on disciplined growth and long-term value creation.

Thank you for your continued support.

Sincerely,
David BenDavid
Chief Executive Officer
Rail Vision Ltd.

About Rail Vision Ltd.

Rail Vision is an early commercialization stage 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/

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Such expectations, beliefs and projections are expressed in good faith. For example, Rail Vision is using forward-looking statements when it discusses continuing the execution of its commercialization plan while it actively seeks new opportunities that have the potential to provide it with sustained commercial momentum, how its strong balance sheet, with zero debt and cash position provides it with the financial flexibility and sufficient runway to execute its vision, progressing its partnerships, its continued international expansion, exploring long-term synergies between quantum technology and its railway AI platforms, potentially opening entirely new frontiers in predictive safety, anomaly detection, and autonomous operations and continuing to execute its strategy in 2026. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2024, filed with the SEC on March 31, 2025. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Rail Vision is not responsible for the contents of third-party websites.

Contacts
David BenDavid
Chief Executive Officer
Rail Vision Ltd.
15 Ha'Tidhar St
Ra'anana, 4366517 Israel

Investor Relations:
Michal Efraty
investors@railvision.io

FAQ

What was Rail Vision's cash and debt status at the end of 2025 (RVSN)?

Rail Vision ended 2025 with zero debt and a strong cash position providing operational runway. According to the company, this financial flexibility is intended to support commercialization, scale sales and convert pilots and POCs into fleet deployments during 2026.

What commercial orders did Rail Vision announce in 2025 and early 2026 (RVSN)?

Rail Vision reported a $335,000 follow‑on order from a major mining company and a Central America freight operator purchase order. According to the company, those orders build on pilots and advanced trials validating MainLine performance in demanding industrial rail environments.

What is the significance of Rail Vision's 51% acquisition of Quantum Transportation (RVSN)?

Rail Vision acquired a 51% stake in Quantum Transportation to become a majority‑owned subsidiary focused on quantum‑AI research. According to the company, the move aims to explore long‑term synergies for predictive safety, anomaly detection, and autonomous rail operations.

How is Rail Vision expanding in India and with Israel Railways (RVSN)?

Rail Vision signed an MoU with Sujan Industries and launched a high‑profile PoC in January 2026 in India, and deepened collaboration with Israel Railways. According to the company, both initiatives aim to accelerate local deployments and validate systems under real conditions.

What are Rail Vision's 2026 priorities for converting pilots into revenue (RVSN)?

Rail Vision plans to convert pilots and POCs into revenue, scale sales and expand geographically via partners. According to the company, priorities include fleet‑wide deployments, leveraging cash strength, and integrating quantum‑AI capabilities to support long‑term autonomous railway goals.