Marc Llistosella, Chief Executive Officer of Knorr-Bremse AG: We are fully on course to achieve our goals this year. Both our divisions performed very well in the first nine months of.
/PRNewswire/ The "Train Control Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been.
Foresight: Rail Vision Enters Electrically Powered Light Rail Vehicle Multi-Billion Dollar Market with Order from Knorr-Bremse NESS ZIONA, Israel (Business Wire) Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX),
an innovator in automotive vision systems, announced today that its affiliate, Rail Vision Ltd., has received an order from Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, an affiliate of Knorr-Bremse AG (Frankfurt: KBX), for two samples of their light rail vehicle (LRV) system. In addition, Knorr-Bremse has ordered customization of Rail Vision’s LRV system features according to Knorr-Bremse’s requirements. Revenue from this order is expected to total approximately 400,000 Euro. Knorr-Bremse, a $17-billion European-based group, recently invested $10 million in Rail Vision, as reported by the Company on October 13, 2020. Foresight owns 19.36% of Rail Vision’s outstanding share capital.