- Rail Vision (NASDAQ:RVSN) announced a follow-on order from one of its customers, a US-based rail and leasing services company.
- The company announced at the beginning of 2024, it has signed a contract valued at up to $5 million for ShuntingYard products.
- In April 2024, Rail Vision received an initial purchase order amounting to approximately $1 million as part of the contract, with the additional $4 million of follow-on orders subject to customer approval.
- The current follow-on order, in the amount of approximately $200,000, is in addition to the existing contract, and refers to additional services requested by the customer.
- Source: Press Release
2024-06-25