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Cordel Group PLC ( (GB:CRDL) ) just unveiled an announcement.
Cordel Group PLC has announced a partnership with VRSD, a subsidiary of Vossloh AG, to conduct a Proof of Concept (PoC) project deploying Cordel’s LiDAR and AI technology on VRSD’s rail grinding machines. This collaboration aims to integrate their technologies to improve operational efficiency and enhance rail maintenance for railway infrastructure, marking Cordel’s entry into the continental European market.
More about Cordel Group PLC
Cordel Group PLC specializes in producing hardware and software for capturing, analyzing, and reporting large datasets within the transport sector, utilizing advanced artificial intelligence algorithms.
YTD Price Performance: 16.00%
Average Trading Volume: 425,800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.73M
Find detailed analytics on CRDL stock on TipRanks’ Stock Analysis page.