Cordel Group Wins Contract to Integrate AI and LiDAR Tech into Network Rail Fleet

 

Cordel Group PLC (LSE:CRDL) has secured a new contract with DG8 Design and Engineering Ltd to provide its advanced LiDAR and AI solutions for use in Network Rail’s Class 153 visual inspection trains. The integration will be supported by Cordel’s proprietary Cordel Connect platform, aiming to optimize infrastructure monitoring, streamline maintenance operations, and deliver high-value data insights.

This partnership strengthens Cordel’s role in the transport analytics sector by showcasing its ability to offer scalable, intelligent solutions tailored to railway infrastructure challenges.

Company Outlook

Cordel continues to achieve solid revenue momentum and strategic partnerships, though ongoing losses and negative cash flow present financial headwinds. A negative price-to-earnings ratio and technical indicators suggest caution, despite the long-term potential of its technology-led approach.

About Cordel Group PLC

Cordel Group delivers AI-driven software and sensor-based systems tailored to the transport industry. Its technologies capture and analyze large-scale data to support predictive maintenance and asset management, with applications particularly focused on rail networks.

• Average Daily Trading Volume: 229,857 shares

• Technical Sentiment: Sell

• Market Capitalization: £13.56 million

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