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IN BRIEF: Maestrano Wins GBP50,000 Grant In Covid-19 Competition

29th Jun 2020 20:47

Maestrano Group PLC - transport corridor asset monitoring - Wins GBP50,000 grant under Innovate UK competition for meeting needs of society and industries following the Covid-19 pandemic. Grant awarded to subsidiary Corridor Technology Ltd for project to develop "standardised imagery and video data review system to allow asset inspectors in road, rail and energy corridors to review remote condition monitoring data". Last week, Maestrano said Corridor was selected for a fully funded trial of its automated rail corridor gauging technology for Network Rail.

Current stock price: 4.44 pence

Year-to-date change: more than 100%; 1.60p on January 2

By Tom Waite; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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