REG - Cordel Group PLC - Cordel Connect V3 Release

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RNS Number : 5096X  Cordel Group PLC  23 March 2026

23 March 2026

Cordel Group PLC

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

 

Cordel Connect V3 Release

 

Cordel Group PLC (AIM: CRDL), the AI platform for transport corridor
analytics, is pleased to announce the major V3 upgrade of its flagship "Cordel
Connect" platform.

The V3 release marks a significant evolution of Cordel's multi-modal AI
engine. By simultaneously processing video and 3D point cloud data, the
platform now automatically detects, classifies, and measures a wider range of
trackside assets. This expansion beyond Positive Train Control (PTC)
significantly increases Cordel's total addressable market within the global
rail sector.

To support Cordel's autonomous sensors, which now capture 350,000 km of data
annually - V3 introduces Starlink satellite backhaul. This allows for the
daily transfer of up to 100 GB of inspection data from remote corridors,
bypassing the limitations of local mobile networks and ensuring rapid
"capture-to-insight" turnaround times globally.

V3 Key Enhancements:

●    Network-Wide Discovery: Instant data access aligned to specific
client network models.

●    Data Management: Advanced AI tools paired with robust human in the
loop assurance.

●    On-platform visualisation and reporting: Eliminating the need to
move data to separate tools.

●    GIS integration: Results published automatically to customers'
Geographical Information Systems.

Aaron Hoye, Chief Technology Officer, commented: "This release reflects the
cumulative effect of sustained development across every layer of our platform.
All of Cordel's capabilities - from multi-modal AI analysis to
Starlink-enabled data capture - are integrated into our single platform. Our
customers now have a seamless workflow from capture to insight, at a scale and
speed that is unmatched in the industry.

"We have also embraced generative AI tools within our own development process.
For a company of Cordel's size, these tools are a significant force multiplier
- they allow our team to deliver better capability to our customers in less
time."

 

 

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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