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UK AI firm Cordel wins contract extension with Amtrak in US

Published 05/08/2024, 09:13
© Reuters.  UK AI firm Cordel wins contract extension with Amtrak in US

Proactive Investors - Cordel Group PLC (LON:CRDL), which uses artificial intelligence to help improve the efficiency of rail networks, said it has won a contract extension with the US national rail network operator, Amtrak.

It will provide a "comprehensive assessment" of the Metro-North corridor, which runs services between New York City and the northern suburbs in New York and Connecticut.

This is part of the 'northeast corridor' railroad line, which runs from Boston to Washington DC.

The contract aims to enhance safety and efficiency on this critical rail line, the company said, including providing autonomous data capture capabilities, leveraging LiDAR technology to scan and store structure data for the entire Metro-North corridor.

CEO John Davis said: "We continue to invest in our USA team, adding sales and engineering resources for our most important growth market, where we are confident in becoming the clear market leader for automated inspections."

Read more on Proactive Investors UK

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