19th Nov 2021 13:46
Cordel Group PLC - London-based artificial intelligence platform for transport corridor analytics - Changes name from Maestrano Group PLC effective from Friday, following shareholder approval at annual general meeting on Thursday. Company now is named after its flagship Cordel product for the rail industry. This predicts maintenance needs, assessing issues with vegetation, overhead lines, and track ballast. Customers include Network Rail in the UK and Australian Rail Track Corp.
Current stock price: 12.75 pence
Year-to-date change: down 7.3%
By Tom Waite; [email protected]
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