RedChip Companies
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Weekly Newsletter
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Rail Vision Launches a Long-Term Pilot Program with Rio Tinto
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Rail Vision Ltd. (Nasdaq: RVSN), a development stage technology company seeking to revolutionize railway safety and the data-related market, announced that it has launched a long-term pilot program with Rio Tinto Iron Ore for the AutoHaul® project, the world’s first automated, long distance, heavy haul rail network. As part of the Company’s contract with Hitachi Rails STS, the lead project technology partner and integrator, the Rail Vision Main Line System will be tested in Pilbara Western Australia for a duration of three months under the long-term pilot program with an option to extend for an additional six months in different use-cases.
“The long-term pilot is an extension of the AutoHaul® project, which is at the forefront of the future of autonomous train operations,” commented Shahar Hania, CEO and co-founder of Rail Vision. “Through advanced, long-range artificial intelligence detection systems, our technology provides unparalleled obstacle identification on and near tracks, making it a key enabling technology for autonomous trains and an ideal solution for the world-first AutoHaul® project.”
As part of the AutoHaul® project, 2.4-kilometer-long trains, monitored remotely from an operations center in Perth, travel across a vast network of 1,700 kilometers of track, delivering iron ore from 16 mines to ports in Dampier and Cape Lambert. These trains have now safely travelled more than 4.5 million kilometers autonomously since they were first deployed in 2018.
For more information, visit www.railvision.io
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Inspira™ Technologies Signs Strategic Agreement in U.S. to potentially provide $59 million for Inspira for deployment of 3,889 HYLA™ Blood Sensors
Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN) (NASDAQ: IINNW), a groundbreaking respiratory support technology company, following the company’s announcement of the development of its new HYLA™ blood sensor, announced that it has signed an exclusive summary distribution agreement with the U.S. based Glo-Med Networks, for the distribution of the HYLA™ blood sensor device and disposable units across 6 states in the United States (Texas, New Jersey, New York, Florida, North Carolina and South Carolina).
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Global Exporter of Blueberries Completes Successful Pilot Using Save Foods’ Proprietary Eco Crop Protection Solution
Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W), an agri-food tech company specializing in eco crop protection that helps to reduce food waste and ensure food safety, announced successful pilot results for a global exporter of blueberries based in South Africa. The exporter trialed Save Foods’ eco crop protection solution during the 2021-2022 growing season, successfully demonstrating the complete mitigation of mold after seven weeks (at 0 degrees Celsius) and the extension of the blueberries’ shelf life by an additional week (at 6-8 degrees Celsius). The results translate into an 8% increase in fruit to sell with less waste to process.
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UScellular(TM) to Launch Siyata's Next Generation Push-to-Talk Over Cellular SD7 Device Across Their Network
Siyata Mobile Inc.(Nasdaq:SYTA), a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced that United States Cellular Corporation (NYSE: USM), the fourth largest wireless carrier in the U.S. with 4.8 million retail connections in 21 states, will launch Siyata's rugged SD7 device onto their network. We expect UScellular™ will commence selling the SD7 to their broad enterprise customer base beginning this quarter. The SD7 was developed to disrupt and replace the multi-billion-dollar Land Mobile Radio (LMR) industry.
"The SD7 is a game changer not only for the industry but for Siyata," said Siyata CEO Marc Seelenfreund. "The SD7 is the perfect upgrade from land mobile radio devices, which often have limited coverage, restricted functionality and high start up costs. Our new SD7 solves all those problems, delivering a far superior solution to a multi-billion industry."
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Bragg Gaming Live in Connecticut with Launch of Spin Games RGS Featuring Popular iGaming Content
Connecticut debut with DraftKings and Mashantucket-Pequot Tribe marks iGaming supplier’s entry into fourth U.S. state
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) announced that its wholly-owned B2B gaming technology and content provider, Spin Games, is now live in Connecticut with its Remote Game Server (“RGS”). The Spin Games RGS and an initial library of 11 titles are available to players in the state via the DraftKings and Mashantucket-Pequot Tribe iGaming sites. Among the first top-performing titles featured on the Spin Games RGS are licensed content such as Ripley's Big Wheel and Galaxy Gaming’s extremely popular 21 + 3® Progressive Blackjack. Also in the line-up are Bragg internal studio titles such as Triple Jewels, Get Hot and Gypsy Riches. With its debut in Connecticut, Bragg is now live with the Spin Games’ RGS and its casino content in four U.S. states, including New Jersey, Pennsylvania and Michigan.
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Upcoming Events |
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NASDAQ: SVFD - Save Foods |
4:15pm Eastern |
Save Foods Inc and its Israeli subsidiary Save Foods Ltd are innovative, dynamic companies dedicated to delivering integrated eco-friendly solutions for improved safety, freshness and quality, every step of the way from field to fork. |
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OTC: ODYY - Odyssey Health Inc |
11:00am Eastern |
Odyssey Health Inc. (formerly Odyssey Group International, Inc.) is a technology and asset acquisition company with a focus in the area of life saving medical solutions. |
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NASDAQ: RVSN - Rail Vision |
4:15pm Eastern |
Rail Vision is the leading provider of obstacle detection and classification systems in the railway industry. |
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NASDAQ: IINN - Inspira Technologies |
11:00am Eastern |
Inspira Technologies Oxy BHN Ltd is a specialty medical device company engaged in the research, development, manufacture, and marketing of proprietary respiratory support technology that is intended to provide an alternative to invasive mechanical ventilation (MV), which is the standard of care today for the treatment of respiratory failure. |
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Archive Events |
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NASDAQ: DPRO - Draganfly |
Meeting Duration 54 minutes |
Draganfly has been a leader in the professional drone industry for more than 20 years, supporting clients with enterprise drone solutions, contract engineering services, custom software, professional unmanned aerial vehicle (UAV) services, and more. |
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NASDAQ: RNAZ - TransCode Therapeutic |
Meeting Duration 46 minutes |
TransCode Therapeutics is developing therapeutic and diagnostic candidates designed to deliver on the promise of RNA in oncology. |
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Private - Newt Financial |
Meeting Duration 47 minutes |
Newt is a cloud-based Software as a Service (SaaS) platform enabling enterprises to offer digital financial products and services. |
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NYSE American: GNS - Genius Group |
Meeting Duration 28 minutes |
Genius Group is the holding company for GeniusU, Genius Institute and Genius School. GeniusU is an edtech platform providing over 2.6 million students across 200 countries with personalized learning paths and micro-degrees on business building skills. |
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Lesson of the Week
The biggest market returns often come from betting against the crowd.
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RedChip TV |
MidSouth Week in Review
For the week the S&P rose 1.9%.
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