Cordel Group PLC Cordel Technology Certified by Network Rail (3225C)
12 6월 2023 - 3:00PM
UK Regulatory
TIDMCRDL
RNS Number : 3225C
Cordel Group PLC
12 June 2023
12 June 2023
Cordel Group PLC
("Cordel" or the "Company" or the "Group")
Cordel Technology Certified by Network Rail
Cordel Group PLC (AIM: CRDL), the Artificial Intelligence
platform for transport corridor analytics, is pleased to announce
that Network Rail has granted official approval to the Cordel Wave
32 Mobile Laser Scanning system.
Cordel has achieved certification under the Network Rail
"Topographic, engineering, land and measured building surveying"
standard (ref NR/L2/TRK/3100 Issue No.5). The Cordel Wave 32 Mobile
Laser Scanner has been assessed as compliant to Band 3A, delivering
accurate Survey and LiDAR Techniques from vehicle mounted
installations. Cordel has achieved absolute geospatial accuracy of
points to +-50mm Horizontal, +- 30mm Vertical; with even tighter
relative accuracy between points. Railways can use the raw outputs
of survey grade data, in addition to Cordel's key value add of an
AI-driven solution set of insights.
CEO John Davis said, "We are delighted that Network Rail has
added the Cordel Wave 32 to the approved methods of data capture
for the UK railway network. Cordel is the first company to achieve
this approval for capturing data on passenger carrying trains. Now
that Cordel hardware and software are certified by Network Rail,
the international railway with the most stringent infrastructure
monitoring standards in the world, Cordel's position is cemented as
the leading supplier of point cloud rail survey data.
Crucially, the newly certified data that we collect feeds
directly into our automated pipeline, to deliver Cordel AI insights
promptly and efficiently to our railway customers. Now railways
have confirmation that they can rely on our automated capture and
analysis to ramp up inspections at scale."
Enquiries:
Cordel Group PLC c/o Zeus
Ian Buddery, Chairman
John Davis, Chief Executive Officer
Zeus Capital Limited Broker +44 (0)20 3829 5000
Simon Johnson / Alexandra Campbell-Harris
Strand Hanson Limited Nominated Adviser
Richard Johnson / James Bellman +44 (0)20 7409 3494
About Cordel
Cordel produces specialist hardware and software for capturing,
analysing and reporting on large datasets within the transport
sector, employing sophisticated artificial intelligence
algorithms.
Further information on the Company is available at: www.cordel.ai
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June 12, 2023 02:00 ET (06:00 GMT)
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