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Cordel Group PLC - London-based transport hardware and software manufacturer - Says new AI monitoring technology is deployed on passenger services for the first time on one of Great Western Railway's Class 165 fleet, leased by Angel Trains.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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(Sharecast News) - Transport analytics artificial intelligence (AI) technology developer Cordel has been awarded a five-year contract with Angel Trains to install fully-automated hardware in in-service passenger trains, it announced on Tuesday.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
Read more(Alliance News) - Shares rose in Cordel Group PLC on Tuesday on the winning of a five-year contract with London-based stock rolling firm Angel Trains for the installation of automated hardware on passenger trains.
Read moreCordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - In the year to June 30, reports total revenue of GBP2.3 million, up 35% from GBP1.7 million the previous year. However, company widens pretax loss to GBP1.4 million from GBP1.2 million. Chief Executive Nick Smith notes "significantly" increasing engagement in the company's target markets but adds that customer decision time frames are "unusually stretched out".
Read moreCordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - Shares surge after winning one-year contract to deliver light detection and ranging-based solutions to One Rail Australia. One Rail Australia is Australia's largest rail freight service provider with about 2,300 miles of owned and leased track and carries 55 million tonnes of freight per year, Cordel explains. One Rail Australia operates in South Australia and the Northern Territory.
Read more(Sharecast News) - Transport-focussed artificial intelligence analytics developer Cordel announced on Wednesday that, in partnership with Holland LP, it has been awarded a contract to deliver its lidar-based solutions to the Southeastern Pennsylvania Transportation Authority (SEPTA) in the United States.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
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