Rail Vision Ltd. · NASDAQ:RVSN
Rail Vision — IPO Roadshow (March 2022)
24 slides from Rail Vision's IPO roadshow presentation, Mar 14, 2022
Slide 1: Intelligence on Track
INTELLIGENCE ON TRACK Filed Pursuant to Rule 433 Issuer Free Writing Prospectus Dated March 14, 2022 Relating to Preliminary Prospectus dated March 10, 2022 Registration No. 333 - 262854
Slide 2: Free Writing Prospectus
Free Writing Prospectus This presentation highlights basic information about us and the offering. Because it is a summary, it does not contain all of th e information that you should consider before investing. This offering may only be made by means of a prospectus. We have filed a registration stat
Slide 3: Forward-looking Information
Forward - looking Information 3 This presentation and oral statements made regarding the subject of this presentation contain “forward - looking statements” that involve substantial risks and uncertainties. Such statements include, without limitation, references to the Company’s predictions or expec
Slide 4: Terms of offering
All rights reserved @Rail Vision 2022 4 Issuer Rail Vision Ltd. Offering Type Initial Public Offering Price Range $8.00 - $10.00 Units Offered Up to 1,972,222 Units + 15% 45 - day overallotment option Gross Proceeds $ 17.75 Million Underwriters Aegis Capital Corp. – Bookrunning Manager Use of procee
Slide 5: At a Glance
AT A GLANCE Founded by 4 founders in 2016 Awards and Prizes Winner of the Deutsche Bahn MINDBOX competition 6 ̐ employees ( 46 R&D personnel) All rights reserved @Rail Vision 2022 5 State - of - the - Art Technology Systems for Autonomous - Drive Trains and for Accident Prevention Strategic investor
Slide 6: The Mission
THE MISSION Taking rail into the future, making it safer, more efficient, reliable and sustainable using advanced sensors, AI and big data technologies. First steam - powered locomotive journey on February 21 , 1804 . The railway market grows year by year, serving as the modern world ’ s mass transi
Slide 7: Main Shareholders
7 MAIN SHAREHOLDERS (*) Traded on the NASDAQ and the Tel Aviv Stock Exchange ( FRSX ) (**) Traded on the Frankfurt Stock Exchange ( KBX ) (***) Percentages represent beneficial ownership immediately prior to the offering after giving effect to the conversion of Preferred A shares into ordinary share
Slide 8: Strategic investor Knorr-Bremse
All rights reserved @Rail Vision 2022 8 A world leader in braking & peripheral systems. 110 years, in the railway market Traded at a valuation of € 11.15 billion in the Frankfurt stock exchange. Total sales in 2020 € 6.2 billion Data from March 9, 2022 Global presence - 29,700 employees 100 sites 30
Slide 9: The Problem
9 All rights reserved @Rail Vision 2022 Obstacles and faulty railway infrastructure. Huge infrastructure investments - the total investment in railway track infrastructure maintenance and renewal in Europe in 2016 was € 25 billion* Severe railway accidents - the braking distance is substantially lon
Slide 10: Alternatives currently available in the railway market
Static cameras incapable of monitoring the railway infrastructure. ALTERNATIVES All rights reserved @Rail Vision 2022 10 Attempts to use technologies from the automotive world which are unsuitable for the railway world (speed and distance). Technologically inferior solutions - short ranges and inade
Slide 11: The Solution
11 THE SOLUTION Technological progress for the railway world Passive, autonomous and long - range detection systems. All rights reserved @Rail Vision 2022 Artificial intelligence (AI) - based systems. Obstacle detection and identification on and near the track. Ability to function under severe weath
Slide 12: The Systems
THE SYSTEMS Backend server Backend server Backend server Shunting Yards System Passenger and Freight Train System Light Rail System All rights reserved @Rail Vision 2022 12 1
Slide 13: Market Size and Trends
13 MARKET SIZE AND TRENDS All rights reserved @Rail Vision 2022 The freight train industry in the United States is estimated at approximately $80 billion* . *https://railroads.dot.gov/rail - network - development/freight - rail - overview The global after - market sales reached approx. $78 billion i
Slide 14: Predictive Maintenance on Trains and Infrastructure
PREDICTIVE MAINTENANCE ON TRAINS AND INFRASTRUCTURE Europe Per annum investment of over $25 billion on maintenance of railway infrastructure in 2016*. United States $25 billion of the profits of freight train companies are invested in infrastructure and in increasing transport volume**. * https://ww
Slide 15: The Business Model
THE BUSINESS MODEL Sale of the Company’s systems and services, including maintenance, warranty and system updates. Provision of complementary solutions for preventive maintenance. Focusing on international operators of passenger train, freight lines and operational locomotives. All rights reserved @
Slide 16: Rail Vision System
RAIL VISION SYSTEM Installed on an SBBC (Swiss Federal Railways) Cargo locomotive All rights reserved @Rail Vision 2022 16
Slide 17: Sales Process to Rio Tinto Australia
SALES PROCESS TO RIO TINTO AUSTRALIA All rights reserved @Rail Vision 2022 17 The world’s second - largest mining and metals company. HQ London UK ASX:RIO. Operations in 35 countries, 47,500 employees. Operates iron mines in Australia using autonomous trains, a world first. An order has been receive
Slide 18: Sales Process to a North American Railway Construction Company
SALES PROCESS TO A NORTH AMERICAN RAILWAY CONSTRUCTION COMPANY All rights reserved @Rail Vision 2022 18 An order has been received for a paid Proof of Concept testing period. Integrated system for predictive maintenance, reducing downtime & saving costs. The system replaces the need for manual inspe
Slide 19: Strategic Collaboration with Israel Railways
STRATEGIC COLLABORATION WITH ISRAEL RAILWAYS All rights reserved @Rail Vision 2022 19 MOU with Israel Railways signed for a long - term pilot and delivery of 6 - 10 units, with a potential of additional 200 units. The installed systems will be a worldwide demo center. Strategic collaboration with Is
Slide 20: Looking Forward
20 LOOKING FORWARD Continue monitoring of track routes for preventive maintenance purposes Advanced visual information - based navigation Big data services Interfacing with Smart City systems Integration with the world automatic train systems
Slide 21: Financial Data
All rights reserved @Rail Vision 2022 21 FINANCIAL DATA $ 44 million has been invested in the Company, of which approx. $ 24 million by Knorr - Bremse . $ 5 million . Net cash flows used for operating activities in H 1 2021 . $ 6.8 million cash balance of June 30 , 2021 All rights reserved @Rail Vis
Slide 22: The People and the Experience
THE PEOPLE AND THE EXPERIENCE Shahar Hania CEO & Co - Founder Co - founder and CEO of Rail Vision, served as VP Research and Development prior to his appointment. An expert in advanced electro - optical systems. Shahar has led complex development projects in companies such as Elbit Systems and Bird
Slide 23: Summary of Investment Highlights
SUMMARY OF INVESTMENT HIGHLIGHTS All rights reserved @Rail Vision 2022 23 Strategic Investor, Knorr - Bremse, a worldwide leader in the train industry, provides access to global customer list Addressing multi - billion market with the most advanced train accident prevention technology in the world S
Slide 24: Thank You!
THANK YOU!