Rail Vision signs term sheet with acquisition of 51% stake in Quantum Transportation

* Rail Vision (NASDAQ:RVSN [https://seekingalpha.com/symbol/RVSN]) stated [https://seekingalpha.com/pr/20260136-rail-vision-signs-term-sheet-to-boost-growth-with-advanced-ai-acquisition-of-51-percent-stake] on Thursday the signing of a non-binding term sheet for a strategic transaction to acquire 51% ownership of Quantum Transportation.
* Both companies are set to combine quantum AI with advanced vision and safety technologies that will grow Rail Vision’s future product lines and deliver long-term value for stakeholders.
* The company will issue shares approximately 4.99% of its share capital in exchange for their full holdings in Quantum Transportation.
* Further, the company will extend a convertible loan of up to $0.7M to Quantum Transportation at an 8% annual interest rate to support ongoing operations and development.

MORE ON RAIL VISION

* Rail Vision to buy 51% stake in Quantum Computing [https://seekingalpha.com/news/4500161-rail-vision-to-buy-51-stake-in-quantum-computing]
* Rail Vision rallies on European patent win for locomotive imaging technology [https://seekingalpha.com/news/4483184-rail-vision-rallies-on-european-patent-win-for-locomotive-imaging-technology]
* Seeking Alpha’s Quant Rating on Rail Vision [https://seekingalpha.com/symbol/RVSN/ratings/quant-ratings]
* Historical earnings data for Rail Vision [https://seekingalpha.com/symbol/RVSN/earnings]
* Financial information for Rail Vision [https://seekingalpha.com/symbol/RVSN/income-statement]