Rail Vision is at the forefront of an evolution in train safety. The braking distance for trains is often substantially longer than a train driver’s visual capacity, leading to accidents that result in needless loss of life and significant and costly interruptions to key infrastructure corridors. Through advanced, long-range A.I. detection systems, Rail Vision provides unparalleled obstacle identification on and near tracks, a key enabling technology for the future of autonomous train operations. Rio Tinto, one of the world’s largest mining companies, is currently testing the company’s technology on its autonomous mining trains in Australia, and Knorr Bremse, a 110-year-old company and the world’s leader in train braking technology is a key strategic investor in Rail Vision, having invested $25M across two investment cycles. The Company recently announced a 10-unit sales agreement with Israel Railways and a leading rail and rail leasing services company purchased a Rail Vision switch yard system in Q1 2023 for a proof of concept that is expected to lead to a large purchase order in 2H23.