Source - Alliance News

Cordel Group PLC - London-based company, whose flagship platform uses artificial intelligence to supply transport corridor analytics - Says it has received a certificate of approval from Network Rail for its AI powered outputs for electrified lines. The certification approves Cordel’s systems for use throughout Network Rail controlled infrastructure. Cordel received National Rail certifications for survey, structures, station platforms and the intervals between adjacent tracks back in June.

‘Network Rail has some of the most stringent infrastructure monitoring standards in the world, and we believe this approval consolidates our position as the most advanced supplier of AI-driven railway infrastructure insights,’ says Chief Executive Officer John Davis.

Current stock price: 6.23 pence, up 8.4% in London on Wednesday morning

12-month change: up 56%

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