Performance Monitoring Unit
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RMD secures precision positioning contract in Sweden
Yahoo Financeยท 2025-10-16 16:26
Core Insights - Railway Metrics and Dynamics (RMD) has secured a contract with the Swedish Transport Administration (Trafikverket) for a precision positioning service for railway vehicles, valued at Skr10.5 million ($1.11 million) annually [1][2] Group 1: Contract Details - The contract includes a service package that covers product supply, installation, communications, management, and support, with an initial term until December 31, 2030, and an option for a two-year extension [2] - The positioning service will utilize RMD's Performance Monitoring Unit integrated with RTK-GPS technology, installed in locomotives to provide real-time location data [2] Group 2: Operational Impact - The positioning data will enhance response times and accuracy during rail traffic incidents, support safety measures during wildlife incidents, and may be utilized at unattended crossings in the future [3] - Each railway company is required to rent one unit for every locomotive in operation, allowing train operators and vehicle owners to access the service through a call-off process [3] Group 3: Company Profile - RMD is a Swedish IT firm specializing in real-time analysis and monitoring platforms for transportation and infrastructure, with technology initially developed for the rail sector [4] - The CEO of RMD expressed satisfaction with the contract, highlighting its positive impact on market position and safety in rail traffic [4] Group 4: Related Developments - In October 2024, Hector Rail, a Scandinavian rail freight operator, began testing RMD's Digital Surveillance Camera System, aimed at reducing hazardous tasks for personnel [5]