14 February 2024
Cordel Group
PLC
("Cordel"
or the "Company" or the "Group")
Cordel rolls out
Data-as-a-Service for Network Rail High Speed
Cordel Group PLC (AIM: CRDL), the
Artificial Intelligence platform for transport corridor analytics,
announces the commencement of Data-as-a-Service monitoring for
Network Rail (High Speed) Limited ("Network Rail High Speed"),
which maintains the railway infrastructure for High Speed One
("HS1").
HS1 is the high-speed rail line
between St Pancras International in London and the Channel Tunnel,
supporting domestic routes throughout Kent, and international
routes to Paris, Lille, Brussels, and Amsterdam.
As announced on 24 October 2023,
following a successful proof of concept contract, Cordel was
awarded a Data-as-a-Service roll out contract ("DaaS Contract")
with Network Rail High Speed for HS1. The
first stage of the DaaS Contract was successfully
completed utilising Cordel's established Wave 32 LiDAR and imaging
hardware (previously certified by Network Rail).
Cordel has refined the equipment
mounting design for permanent installation and, further to
installation approvals, has installed this equipment on trains
undertaking routine maintenance.
The Company is pleased to announce
that such equipment has now commenced everyday service,
autonomously capturing HS1 route data for Network Rail High Speed and uploading it to
the Cloud for processing by Cordel's Artificial Intelligence
platform to create a digital twin for the route. Regular automated
surveys will measure the Overhead Line Height and Stagger
and other critical dimensions.
Mark Devereux, Head of Electrification and Plant at Network
Rail High Speed, said:
"On schedule, and within 4 months of contract award, Cordel
has installed on-train equipment and rolled out automated data
capture. Going forward, we anticipate that Cordel's automated
inspection management service and AI processing will give us
ongoing rapid turnaround times. Cordel will deliver the
Data-as-a-Service insights we need to support our engineering
management of railway infrastructure maintenance and renewals more
efficiently and safely."
John Davis, CEO of Cordel, commented:
"We are delighted that our Data-as-a-Service is now 'business
as usual' for Network Rail High Speed. It is exciting to expand our
world-leading technology to deliver vital engineering insights
tuned to HS1's requirements. Cordel has now captured and processed
data across more than 500,000 miles of international railway lines,
resulting in an unmatched depth of AI learning and data management
experience."
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
About Network Rail High Speed
Network Rail (High Speed) is a
wholly owned subsidiary of Network Rail Infrastructure Ltd and is
the contractor maintaining the railway infrastructure of High Speed
One, the UK's only high-speed line. This means it constantly has to
prove itself as a quality provider, from reliability to value
for money. Network Rail (High Speed) operates to different
standards to the rest of Network Rail, with its own
safety management system and its own track safety
qualification.
Further information is available
at:
https://www.networkrail.co.uk/running-the-railway/our-routes/network-rail-high-speed/