QualityStocksNewsBreaks – Rail Vision Ltd. (NASDAQ: RVSN) Completes Strategic Acquisition of Majority Stake in Quantum Transportation
Rail Vision (NASDAQ: RVSN) announced the completion of its previously disclosed strategic transaction to acquire a 51% ownership interest in Quantum Transportation Ltd., a move designed to expand the company’s technology roadmap beyond railway safety into quantum-enabled data and IP protection. Through the share exchange, Rail Vision issued 2,982,710 ordinary shares, representing approximately 4.99% of its outstanding share capital at signing, to acquire majority ownership and control of Quantum Transportation, which holds an exclusive rail-focused sublicense to a pending quantum error correction patent from Ramot, the technology transfer company of Tel Aviv University. The transaction is intended to combine quantum-AI intellectual property with…