REG - Petards Group PLC - Rail Order Win

PetardsAnnouncement

27/10/2025 09:00

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RNS Number : 9313E  Petards Group PLC  27 October 2025

27 October 2025
 
PETARDS GROUP PLC
 ("Petards" or the "Group")

 

Rail Order Win

 

 

Petards, the AIM quoted developer of advanced security, communication and
surveillance systems, announces that its subsidiary, Petards Joyce-Loebl
(PJL), has received a further  order from a UK train builder to supply
Petards eyeTrain hardware to be retrofitted to an existing fleet.

 

This expected order was referred to in the Chairman's interim results
statement of 18 September 2025 and accompanies the post June 2025 order
received for the related engineering activities reported at that time.  This
project's value has now risen by £0.3 million to over £0.7 million and
increases post June eyeTrain system orders to over £1 million.

 

The system hardware is to be retrofitted to a small number of vehicles
providing them with the latest Driver Controlled Operation (DCO), forward
facing and on-train passenger camera monitoring capability, compliant with the
latest international cyber security regulations and rail industry best
practice.  The project will also utilise Petards eyeBoS data-as-a-service
solution.

 

An initial equipment delivery is scheduled for late 2025 with the main
deliveries anticipated to be completed during the first half of 2026.

 

 

Raschid Abdullah, Chairman of Petards Group plc said:

 

"We are delighted to be awarded this project and that Petards Rail's advanced
digital technology products have again been selected to enhance the
operational capabilities of train fleets operating in the UK.

 

"This class of train has not previously been fitted with Petards eyeTrain
systems and our customer is investing in the engineering required for it to
benefit from eyeTrain capability and we anticipate that additional future
orders will be placed for fitment to other UK fleets of the same train class."

 

 

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

Contacts:

 

 

 Petards Group plc                              www.petards.com (http://www.petards.com)
 Raschid Abdullah, Chairman                     Mb:  07768 905 004

 Zeus, Nomad and Joint Broker
 Mike Coe / Darshan Patel (Investment Banking)  Tel:  020 3829 5000

 Hybridan LLP, Joint Broker                     www.hybridan.com (http://www.hybridan.com)
 Claire Louise Noyce                            Tel:  020 3764 2341

                                                claire.noyce@hybridan.com

 

 

 

Notes to editors:

 

Petards Rail supports its customers in maximising passenger safety and
optimising train and rail service performance levels through its in-house
designed technology that includes Automatic Selective Door Operation, Driver
Controlled Operation systems, on-train passenger camera monitoring systems,
forward and rear facing cameras, track debris cameras, and pantograph
surveillance systems.

 

eyeTrain Connect, Petards back-office software system, provides real-time,
accurate analysis rail vehicles and on-board equipment, including status,
usage and condition data on a train-by-train level. It allows train operators
to monitor and analyse train status, condition, and positional data in
real-time to reduce service delays and the risk and impact of incidents. It
enables interrogation of historical data to identify trends, analyse incidents
and make informed decisions regarding rail fleet performance.

 

 

https://petardsrailsolutions.com/ (https://petardsrailsolutions.com/)

 

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