Last checked at 27 Oct 2023 12:14
Cordel inks new contracts in Mexico and Australia
(Sharecast News) - Transport artificial intelligence (AI) specialist Cordel Group announced two significant contracts on Friday, expanding its global footprint.
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Cordel Group Information
Share Price Information for Cordel Group (CRDL)
Share Price is delayed by 15 minutes
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Share Price:
4.35
Bid:
4.00
Ask:
4.70
Change:
0.00 (0.00%)
Spread:
0.70 (17.50%)
Open:
4.35
High:
4.35
Low:
4.35
Prev. Close:
4.35
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Don't have an account? Click here to register.24 Oct 2023 14:22
Cordel "delighted" with new UK High Speed One contract
(Alliance News) - Cordel Group PLC on Tuesday said it has been awarded a contract for data capture and analysis with Network Rail (High Speed) Ltd.
Read more8 Sep 2023 13:50
New Century AIM VCT 2 asset value falls in "particularly tricky" half
(Alliance News) - New Century AIM VCT 2 PLC on Friday said its net asset value fell 17% in its latest half year and warned of further volatility to come, although the second half has "started positively".
Read more4 Sep 2023 11:14
Cordel inks level crossing safety partnership in Australia
(Sharecast News) - Cordel Group announced a partnership with the National Transport Research Organisation (NTRO) of Australia on Monday, to automate rail level crossing safety assessments.
Read more4 Sep 2023 10:55
Cordel wins trial contract to automate rail crossing safety tests
(Alliance News) - Cordel Group PLC on Monday said it reached an agreement with Australia's National Transport Research Organisation to trial technology to automate rail level crossing safety assessments.
Read more7 Aug 2023 09:53
Cordel eyes revenue growth, results in line with market expectations
(Alliance News) - Cordel Group PLC on Monday said it expects revenue for the financial year 2023 to June 30 to be higher than a year ago, boosted by the US and the UK.
Read more10 Jul 2023 13:27
Cordel extends contract with Australian Rail Track Corporation
(Sharecast News) - Cordel Group announced the extension of its existing clearances contract with the Australian Rail Track Corporation (ARTC) on Monday, until 31 August 2024.
Read more10 Jul 2023 11:25
IN BRIEF: Cordel Group extends contract with Australian company
Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - Extends its existing clearances contract with the Australian Rail Track Corporation, taking the term of the engagement to August 31, 2024. Says as part of the approval, Cordel deploys additional services such as point cloud classification, advanced structure gauge assessments, track spacing and centreline reports.
Read more21 Jun 2023 12:04
IN BRIEF: Cordel builds on Microsoft relationship with success program
Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - Joins Microsoft ISV success program to build relationship with Microsoft's rail industry sector team. Says this includes wider leverage of Microsoft Cloud and other tools.
Read more12 Jun 2023 13:25
IN BRIEF: Cordel gains Network Rail approval for laser scanning system
Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - Says Network Rail Ltd has given its Wave 32 mobile laser scanning system official approval for use in data capture. Certification was achieved under Network Rail's "topographic, engineering, land and measured building surveying" standard, with the Wave 32 assessed as compliant to Band 3A. The system delivered accurate survey and LiDAR [light detection and ranging] techniques from vehicle mounted installations, and Cordel has achieved "absolute geospatial accuracy...with even tighter relative accuracy between points." Cordel says railways now can use raw outputs of survey grade data and insights from the company's artificial intelligence-driven solution.
Read more3 May 2023 12:51
IN BRIEF: Cordel Group confirms Thouraya Walker starts as new CFO
Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - Confirms new chief financial officer, Thouraya Walker, joins on Wednesday. Former CFO Robert Lojszczyk has stepped down following his retirement. In March, Cordel named Walker as Lojszczyk's successor. Walker previously held roles at Mazars LLP, Standard Chartered Bank, and Oliver Wyman Ltd.
Read more24 Apr 2023 11:51
Cordel promotes interim CEO John Davis into permanent spot
(Alliance News) - Cordel Group PLC on Monday placed its interim Chief Executive Officer John Davis into the permanent role, effective immediately.
Read more17 Apr 2023 14:25
IN BRIEF: Cordel confident as third quarter loss narrows
Cordel Group PLC London-based artificial Intelligence platform for transport corridor analytics - Revenue in third quarter ended March 31 jumps 18% annually to GBP743,000 from GBP629,000. Says cost of sales rose by 5% to GBP177,000 from GBP168,000, whilst total expense fell by 13% to GBP581,000 from GBP665,000. Loss before interest, tax, depreciation and amortisation narrows to GBP15,000 from GBP204,000.
Read more17 Apr 2023 11:44
Cordel losses improve in third quarter
(Sharecast News) - Transport technology specialist Cordel Group reported total third-quarter revenue of £0.74m in a trading update on Monday - a year-on-year increase of 18%.
Read more31 Mar 2023 15:02
IN BRIEF: Cordel raises GBP1.7 million to support Amtrak contract
Cordel Group PLC - London-based artificial Intelligence platform for transport corridor analytics - Raises GBP1.7 million from placing of 28.6 million shares at 6 pence each. The new shares represent 14% of Cordel's enlarged share capital. "We're delighted with the overwhelming support from UK investors for our USA expansion strategy, as we build on the success of our Amtrak contract," says Chair Ian Buddery. Earlier this month, Cordel said it was awarded a USD6.7 million contract by US intercity passenger rail service provider Amtrak to supply a software suite for survey and clearance management.
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