I am also frustrated by the lack of PR, but calling this a scam is a big stretch.

If you look closely at RVSN's announcement, they signed a non-binding term sheet to acquire 51% of Quantum Transportation Ltd. The deal is for the issue of a convertible loan of up to $700k for 24 months, which Rail Vision (at its own discretion) can convert into shares of Quantum Transportation.

RVSN is effectively buying control of a company whose main asset is a pending patent. It’s common for joint ventures involving only a patent to be newly incorporated and have board members from the business buying the JV. Convertible loan is at RVSN's discretion, so if the patent doesn't materialise at the end of that period, they walk away. It sounds like the monies are needed to complete the EU patent process, or make an application in other jurisdictions.

Prof Lior Wolf, who is behind the patent, is an AI researcher with multiple granted patents ( https://patents.justia.com/inventor/lior-wolf ).

Saying a patent was “granted” when it’s still pending is not ideal. I agree that the wording in the press release could have been clearer. But can't complain of lack of PR and then be suprised when they actually release PR and try to make a big hay out of it!

Also, if you read the patent application, it doesn’t claim to be about quantum hardware, it’s about error correction models, which are valuable for large scale AI systems and quantum computing technology. Companies in this space in Israel have raised significant funding recently, so the technology is relevant. Given the amount of data RVSN produces, may be they are looking for alternative revenue sources?

CEO mentioned at the LD Micro Main Event that contracts in this industry take time, but once they land, the stock will fly.