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Petards Group Secures Lucrative Rail Upgrade Contract

Petards Group Secures Lucrative Rail Upgrade Contract

Petards (GB:PEG) has released an update.

Confident Investing Starts Here:

Petards Group PLC has secured a contract over £0.5 million with a UK train builder to supply its eyeTrain systems, enhancing video and data collection for an existing fleet. The project, part of a larger upgrade program, will begin with initial equipment supply in late 2024 and main deliveries by mid-2025. The company looks forward to showcasing its technology, including the new AI-ready PTeye system, at the upcoming Innotrans trade fair.

For further insights into GB:PEG stock, check out TipRanks’ Stock Analysis page.

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