Reported 13 days ago
Railway Metrics and Dynamics (RMD) has secured a contract with the Swedish Transport Administration to provide precision positioning services for railway vehicles, valued at approximately Skr10.5 million ($1.11 million) annually. This agreement allows for continuous real-time positioning data from locomotives across Sweden, enhancing operational safety and response times in railway traffic management. The contract extends until December 31, 2030, with potential for a two-year extension, and facilitates easier access for train operators through a rental process.
Source: YAHOO