Investor meeting with Railway Metrics and Dynamics
North Point Securities invites you to an investor meeting for Railway Metrics and Dynamics Sweden AB ("RMD") on June 12 at 14:00 for existing shareholders and new investors.
Since the listing on the Spotlight Stock Market in 2022, RMD has successfully established itself as a supplier on the railway market and, among other things, won a public procurement with the Swedish Transport Administration. In addition, RMD recently announced a unique pilot project together with the Swiss freight wagon supplier Wascosa AG (“Wascosa”).
Notification
Participation at Riddargatan 13A or via live stream.
Registration takes place to:
The invitation to the live stream is distributed upon registration
Pilot project with Wascosa
In the pilot project with Wascosa, RMD's system will be used to optimize the amount of ballast used on Wascosa's newly developed fully automated ballast wagon. The first wagon was tested in a sharp project in France in June 2021 and now RMD will become part of the world's most modern ballast wagon. The pilot project began immediately after the rail fair in Munich 9–12 May 2023. During the fair, RMD's platform was presented to a number of interested major railway players, including the French SNCF.
Jan Lindqvist, CEO at RMD and Irmhild Saabel, Chief Business Development Officer at Wascosa and board member at RMD
Wascosa sees great potential in the rail camera as part of their offering. In relation to the ballast wagon, it is possible to use the RMD camera to inspect the work on the opposite side of the wagon as it spreads ballast. This saves both time and money for contractors.
What does the collaboration mean for RMD?
- We'll see that after the pilot test, but Wascosa has 200 wagons for rent and we count in the first stage with at least 8 units on each wagon, says Jan Lindqvist, CEO of RMD.
Read the news and press release!
RMD in brief
Railway Metrics and Dynamics AB is a Swedish IT company that develops and sells a system platform for analysis and monitoring of transport and infrastructure in real time. The platform consists of a cloud-based and real-time system with patented technology, based on advanced algorithms and artificial intelligence, for the management of railway assets. Initially, the Company has chosen to focus on the railway industry, such as locomotives, train carriages, rails and other railway infrastructure, but RMD's system can be advantageously used in other transport and infrastructure markets, including the construction market and the human market. For players in the railway industry, the Company's system makes it possible to carry out transport with increased efficiency, safety, punctuality and profitability. RMD's shares are traded on the Spotlight Stock Market.