REG - Cordel Group PLC - New Contract with Major Australian Railway

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RNS Number : 6838H  Cordel Group PLC  17 November 2025

17 November 2025

Cordel Group PLC

("Cordel" or the "Company" or the "Group")

 

New Contract with Major Australian Railway

 

Cordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for
transport corridor analytics, is pleased to announce a new contract with
V/Line, the statutory authority that operates regional passenger
rail and coach services in the Australian state of Victoria.

 

V/Line provides passenger train services on five commuter routes and
eight long-distance services from its major hub at Southern Cross railway
station in Melbourne. In addition, V/Line is responsible for the maintenance
of the freight and passenger rail network in the state of Victoria outside of
the areas managed by Metro Trains Melbourne and the Australian Rail Track
Corporation.

 

The initial contract is for an eight week data capture program on the V/Line
Northern Corridor and Western Corridor, totalling 820kms of mainline
track and passing loops.

 

Rail corridor data will be captured using Cordel's Rugged LiDAR hardware
including high-resolution video aligned to the customer's network model with
precise locational information.  LiDAR data and Synchronised video footage
will be processed by Cordel's Multimodal AI, with the following outputs:

        • Ballast profile reporting

        • Structure clearance assessment (signals, platforms and
overhead wire equipment)

        • Vegetation encroachment assessment

        • Level crossing sight distance assessment

 

Processed data will be made available across the customer's stakeholders via
the Cordel Connect web platform.

 

John Davis, CEO of Cordel, commented:

"We are proud to have secured this new major customer in Australia, alongside
ARTC and Aurizon.  This win underscores our technology leadership and proven
ability to capture, analyse and deliver vital insights with speed and
precision."

 

 

Enquiries:

 

 Cordel Group PLC                            c/o Cavendish
 Ian Buddery, Chairman

 John Davis, Chief Executive Officer

 Cavendish Capital Markets Limited, Broker   +44 (0)20 7220 0500
 Marc Milmo

 Sunila de Silva (Corporate Broking)

 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

 

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