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Pin to quick picksCordel Group Company Research (CRDL)

Share Price Information for Cordel Group (CRDL)

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11.90    0.00 (0.00%)
Bid:
11.80
Ask:
12.00
Spread: 0.20 (1.695%)
Market Cap: £25.81m
CRDL Live PriceLast checked at - London Stock Exchange

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US Class 1 win for capture, analytics and PTC

Mon, 02nd Jun 2025 14:41

Cordel Group has announced the signing of a new Class 1 freight railroad operator, marking a significant step forward in the company’s US growth strategy and its ambitions in Positive Train Control (PTC). The five-year contract, valued at $3.7m is for Cordel’s established LiDAR capture and analytics platform. In addition, the contract includes a $3.8m provision for the company’s PTC solution, which is scheduled for launch in July.

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