Cordel Group PLC announced a new partnership withVRSD, a subsidiary of Vossloh AG. VRSD is engaged in railway related services, with expertise in rail infrastructure and rail technology markets. It provides various types of rail services and has at its disposal technical capabilities and expertise relating to stationary and mobile machines as well as personnel for railway services.
In order to assess the technical capabilities of Cordel LiDAR and AI technology deployed on VRSD grinding machines, Vossloh AG and Cordel are conducting an initial Proof of Concept project. Key aspects of the project, beyond establishing technical feasibility, include a joint market strategy, extended fleet integration, data insights, data-based consulting for end customers and profit-sharing, all aimed at maximizing value for both parties. Cordel will provide automated, AI-enhanced outputs to Vossloh, including their proven Video and LiDAR data deliverables, together with accurate geolocation and access to the Cordel Connect Data Management Platform.
Both parties aim to leverage the outcomes of the PoC to create a long-term, value-driven collaboration for their railway infrastructure customers.
