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LONDON - Petards Group PLC (AIM:PJL) announced Monday it has secured an additional order worth £0.3 million from a UK train builder to supply eyeTrain hardware systems for retrofitting to an existing fleet.
The order increases the total project value to over £0.7 million and brings Petards’ post-June eyeTrain system orders to more than £1 million, according to the company’s statement. The hardware will be installed on a small number of vehicles to provide Driver Controlled Operation, forward facing and passenger camera monitoring capabilities.
The systems will comply with the latest international cyber security regulations and rail industry best practices, and will utilize Petards’ eyeBoS data-as-a-service solution.
Initial equipment delivery is scheduled for late 2025, with main deliveries expected to be completed during the first half of 2026.
Raschid Abdullah, Chairman of Petards Group, noted this marks the first time this particular class of train will be fitted with Petards eyeTrain systems. The company anticipates additional future orders for installation on other UK fleets of the same train class.
Petards, listed on London’s AIM market, develops security, communication and surveillance systems. Its rail division provides technology for passenger safety and train performance optimization, including automatic selective door operation, driver controlled operation systems, and various camera monitoring solutions.
The information was provided in a company press release.
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