By Josh White
Date: Monday 07 Oct 2019
LONDON (ShareCast) - (Sharecast News) - Security and surveillance software developer Petards has been awarded a contract to supply Bombardier Transportation with its 'eyeTrain' systems, it announced on Monday.
The AIM-traded firm said the new contract, worth £1.3m, is for the supply of its eyeTrain systems to be fitted to Bombardier's Electrostar electrical multiple unit trains, as part of an upgrade programme with train owner Porterbrook and operator Govia Thameslink Railway.
It said the upgrade would further enhance the Electrostar's video and data collection capability, through the addition of the Petards eyeTrain forward-facing CCTV, track debris and third rail camera, and digital video recording systems.
Activities would begin "immediately", the board reported, with the first equipment deliveries starting in early 2020, and deliveries expected to be completed in 2021.
"We are delighted that Petards' eyeTrain systems continue to be the system of choice for fitment to Bombardier's trains," said Petards chairman Raschid Abdullah.
"This new order adds to our already significant installed base and reinforces our position as a leader of on train video and data solutions.
"Additionally it further bolsters the group's present order book for delivery in 2020 through to 2021."
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