<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
<channel>
<title>Cordel Group Plc — News on 6ix</title>
<link>https://6ix.com/company/cordel-group-plc</link>
<description>Latest news and press releases for Cordel Group Plc on 6ix.</description>
<language>en-us</language>
<lastBuildDate>Mon, 20 Apr 2026 06:00:00 GMT</lastBuildDate>
<generator>6ix RSS</generator>
<atom:link href="https://6ix.com/rss/company/cordel-group-plc" rel="self" type="application/rss+xml" />
<item>
<title>New Contract with Network Rail Infrastructure Ltd</title>
<link>https://6ix.com/company/cordel-group-plc/news/new-contract-with-network-rail-infrastructure-ltd</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/new-contract-with-network-rail-infrastructure-ltd</guid>
<pubDate>Mon, 20 Apr 2026 06:00:00 GMT</pubDate>
<description>Cordel Group PLC has secured a significant new £3,000,000 contract with Network Rail Infrastructure Ltd for Point Cloud Data Processing to deliver Structure Gauging outputs, running until December 2027 with an optional extension for a further £1,336,000. This contract leverages Cordel's AI platform to process LiDAR data, addressing backlogs and improving safety by ensuring accurate train-infrastructure clearances. The company also anticipates its revenue for the ten months to April will be more </description>
</item>
<item>
<title>Transport for London – expansion to District line</title>
<link>https://6ix.com/company/cordel-group-plc/news/transport-for-london-expansion-to-district-line</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/transport-for-london-expansion-to-district-line</guid>
<pubDate>Mon, 13 Apr 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC has secured a new contract with Transport for London (TfL) to expand its infrastructure monitoring services to the District Line, building on a prior partnership for the Central Line. This expansion will involve a new LiDAR installation and will enable TfL project engineers to conduct pre- and post-works assessments remotely via the Cordel Connect platform, as well as generate Station Platform gauging reports. Cordel's AI technology has also been enhanced with a new absolute acc</description>
</item>
<item>
<title>Cordel Connect V3 Release</title>
<link>https://6ix.com/company/cordel-group-plc/news/cordel-connect-v3-release</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/cordel-connect-v3-release</guid>
<pubDate>Mon, 23 Mar 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC has announced a significant V3 upgrade to its Cordel Connect platform, enhancing its multi-modal AI engine to process both video and 3D point cloud data for broader trackside asset detection and classification, thereby expanding its total addressable market within the global rail sector. The upgrade also incorporates Starlink satellite backhaul to support the annual capture of 350,000 km of data, enabling daily transfer of up to 100 GB of inspection data from remote corridors an</description>
</item>
<item>
<title>USA Contract - Canada Upgrade</title>
<link>https://6ix.com/company/cordel-group-plc/news/usa-contract-canada-upgrade</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/usa-contract-canada-upgrade</guid>
<pubDate>Mon, 09 Mar 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC has announced a significant expansion of its contract with Genesee & Wyoming Inc., extending its AI platform services to cover seven regional sub-divisions within G&W's Canadian division. This follows a recent contract extension and involves processing over 1000 miles of captured data within the next two months, which will be integrated into G&W's Cordel Connect platform. The company highlighted the successful deployment of its LiDAR capture units in challenging climates and the</description>
</item>
<item>
<title>Purchase of Shares by PDMR</title>
<link>https://6ix.com/company/cordel-group-plc/news/purchase-of-shares-by-pdmr</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/purchase-of-shares-by-pdmr</guid>
<pubDate>Thu, 05 Mar 2026 10:38:00 GMT</pubDate>
<description>Cordel Group PLC announced that Michael Turner, Chief Revenue Officer and a Person Discharging Management Responsibility, purchased 96,390 ordinary shares on the London Stock Exchange on March 5, 2026, at a price of 5.18 pence per share, for a total of £4,993.00. This transaction increases his resultant holding to 296,390 shares, representing 0.14% of the company's voting rights.
Disclaimer*</description>
</item>
<item>
<title>USA Contract Upgrade</title>
<link>https://6ix.com/company/cordel-group-plc/news/usa-contract-upgrade</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/usa-contract-upgrade</guid>
<pubDate>Thu, 05 Mar 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC has announced an upgraded and extended contract with Genesee & Wyoming Inc. (G&W), transitioning to a fixed monthly Software as a Service (SaaS) model for its AI platform. This new agreement provides G&W with enterprise access for up to 200 users, including continued use of the D/Gauge RIFT platform, and covers significant processed mileage annually. The contract is expected to generate over US$600,000 for Cordel in 2026, representing a positive shift towards predictable revenue</description>
</item>
<item>
<title>New Contract with US Class 1 Railroad</title>
<link>https://6ix.com/company/cordel-group-plc/news/new-contract-with-us-class-1-railroad</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/new-contract-with-us-class-1-railroad</guid>
<pubDate>Mon, 16 Feb 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC has secured a new contract with a U.S. Class I railroad, marking its third such agreement and fourth major U.S. customer. This project will validate Cordel's Positive Train Control (PTC) asset management capabilities and LiDAR-based clearance assessments through real-world operations, with the initial phase involving the capture of up to 3,000 miles of active rail network. Cordel's rugged hardware will be installed on a geometry testing vehicle for commissioning in the first qua</description>
</item>
<item>
<title>Interim Results</title>
<link>https://6ix.com/company/cordel-group-plc/news/interim-results-268</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/interim-results-268</guid>
<pubDate>Wed, 28 Jan 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC reported interim results for the six months ended 31 December 2025, showing a 24% decrease in total revenue to £1.725 million compared to the prior period, attributed to delayed purchase orders. Despite a 20% reduction in the cost of sales to £550,000, total expenses rose by 12% to £2.209 million, primarily due to new hires. The company's EBITDA loss widened significantly to £885,000 from £159,000 in the previous year. Cash reserves stood at £1.02 million as of 31 December 2025,</description>
</item>
<item>
<title>Appointment of Director</title>
<link>https://6ix.com/company/cordel-group-plc/news/appointment-of-director-30</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/appointment-of-director-30</guid>
<pubDate>Tue, 06 Jan 2026 07:00:00 GMT</pubDate>
<description>Cordel Group PLC announced the immediate appointment of Jeffrey Songer to its Board as a Non-executive Director, bringing over 30 years of US rail industry experience, including leadership in the $31 billion Kansas City Southern Railway acquisition. Songer, who has served on Cordel's advisory board since 2024, holds 300,000 share options with an exercise price of £0.073, vesting on April 11, 2028. His expertise in operations, engineering, finance, and Positive Train Control systems is expected t</description>
</item>
<item>
<title>Result of AGM</title>
<link>https://6ix.com/company/cordel-group-plc/news/result-of-agm-482</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/result-of-agm-482</guid>
<pubDate>Wed, 03 Dec 2025 12:36:00 GMT</pubDate>
<description>Cordel Group PLC announced that all resolutions were duly passed at its Annual General Meeting held on December 3, 2025. This news confirms the smooth operation of the company's governance and is unlikely to have a direct impact on its stock share price as it represents a routine procedural event.
Disclaimer*</description>
</item>
<item>
<title>New Contract with Major Australian Railway</title>
<link>https://6ix.com/company/cordel-group-plc/news/new-contract-with-major-australian-railway</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/new-contract-with-major-australian-railway</guid>
<pubDate>Mon, 17 Nov 2025 07:00:00 GMT</pubDate>
<description>Cordel Group PLC has secured a new contract with V/Line, the Australian state of Victoria's regional passenger rail and coach services operator, for an eight-week data capture program covering 820kms of mainline track and passing loops on the V/Line Northern and Western Corridors. This contract involves using Cordel's Rugged LiDAR hardware and AI platform to provide outputs such as ballast profile reporting, structure clearance assessment, vegetation encroachment assessment, and level crossing s</description>
</item>
<item>
<title>Annual Report and Notice of AGM</title>
<link>https://6ix.com/company/cordel-group-plc/news/annual-report-and-notice-of-agm-39</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/annual-report-and-notice-of-agm-39</guid>
<pubDate>Tue, 04 Nov 2025 07:00:00 GMT</pubDate>
<description>Annual Report and Notice of AGM.</description>
</item>
<item>
<title>Director Change</title>
<link>https://6ix.com/company/cordel-group-plc/news/director-change-8</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/director-change-8</guid>
<pubDate>Mon, 20 Oct 2025 06:00:00 GMT</pubDate>
<description>Cordel Group PLC announced that Non-executive Director Nicholas McInnes is stepping down from the main board, effective immediately, but will remain as Chairman of the Cordel Advisory Board. McInnes, who joined the board on March 13, 2020, will be succeeded in his role as Chair of the Remuneration and Nominations Committee by Jonathan MacLeod, independent Non-executive director. Thouraya Walker, independent Non-executive director, will become chair of the Audit Committee. The company intends to </description>
</item>
<item>
<title>Middle East Contract Expansion</title>
<link>https://6ix.com/company/cordel-group-plc/news/middle-east-contract-expansion</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/middle-east-contract-expansion</guid>
<pubDate>Mon, 13 Oct 2025 06:00:00 GMT</pubDate>
<description>Cordel Group PLC announced an expansion to its contract with a major Middle Eastern customer. This second phase follows the successful initial six-month contract that was announced in June 2024. The new phase will involve approximately double the amount of track mileage capture and analysis, to be delivered over the next six months. Cordel will use its Rugged LiDAR hardware to capture rail corridor data, including high-resolution video aligned to the customer's network model. The processed outpu</description>
</item>
<item>
<title>Cordel Expands and Extends Contract with ARTC</title>
<link>https://6ix.com/company/cordel-group-plc/news/cordel-expands-and-extends-contract-with-artc</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/cordel-expands-and-extends-contract-with-artc</guid>
<pubDate>Tue, 07 Oct 2025 06:00:00 GMT</pubDate>
<description>Cordel Group PLC announced an extension to its existing contract with the Australian Rail Track Corporation (ARTC), prolonging the engagement until 31 August 2026. This extension marks the sixth year of partnership, which initially began in 2019. Over the past five years, the collaboration has scanned and analyzed over 275,000km of track across ARTC's 8,500km network. The extension incorporates network-wide Light Direction and Ranging (LiDAR), Video, and Clearance Assessments, building upon the </description>
</item>
<item>
<title>Track Innovation Partnership with TfL</title>
<link>https://6ix.com/company/cordel-group-plc/news/track-innovation-partnership-with-tfl</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/track-innovation-partnership-with-tfl</guid>
<pubDate>Wed, 24 Sep 2025 06:00:00 GMT</pubDate>
<description>Cordel Group PLC has announced a track innovation partnership with Transport for London (TfL) to demonstrate the capabilities of LiDAR and AI technology on London Underground trains. Cordel will conduct an initial Proof of Concept project, capturing point cloud data along the complete Central line route and processing it into key TfL Use Cases through Cordel's AI platform. The company will provide automated, AI-enhanced outputs to TfL, including Video and LiDAR data deliverables, accurate geoloc</description>
</item>
<item>
<title>Purchase of Shares by Chairman</title>
<link>https://6ix.com/company/cordel-group-plc/news/purchase-of-shares-by-chairman</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/purchase-of-shares-by-chairman</guid>
<pubDate>Mon, 15 Sep 2025 06:00:00 GMT</pubDate>
<description>On September 12, 2025, Ian Buddery, Chairman of Cordel Group PLC, purchased 350,000 ordinary shares at a price of 6.2507 pence per share. This on-market transaction resulted in Buddery holding a total of 10,181,626 shares, representing 4.69% of the company's voting rights. Following this purchase, the aggregate holding of the Concert Party is 76,781,625 ordinary shares, which is approximately 35.4% of the company's issued share capital.
Disclaimer*</description>
</item>
<item>
<title>Purchase of Shares by Director</title>
<link>https://6ix.com/company/cordel-group-plc/news/purchase-of-shares-by-director-2</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/purchase-of-shares-by-director-2</guid>
<pubDate>Thu, 11 Sep 2025 06:00:00 GMT</pubDate>
<description>On September 11, 2025, Cordel Group PLC announced that a director, Jonathan Macleod, acquired 290,000 ordinary shares at a price of 5.75 pence per share on September 9, 2025. This purchase resulted in Macleod's total holding increasing to 2,176,118 shares, representing 1.00% of the company's voting rights. The shares, with a nominal value of £0.01 each, were purchased on-market through Macleod Hobson Investments Pty Ltd and the transaction took place on the London Stock Exchange.
</description>
</item>
<item>
<title>PTC Product Launch</title>
<link>https://6ix.com/company/cordel-group-plc/news/ptc-product-launch</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/ptc-product-launch</guid>
<pubDate>Mon, 28 Jul 2025 06:00:00 GMT</pubDate>
<description>PTC Product Launch.</description>
</item>
<item>
<title>Business and Trading Update</title>
<link>https://6ix.com/company/cordel-group-plc/news/business-and-trading-update-1</link>
<guid isPermaLink="true">https://6ix.com/company/cordel-group-plc/news/business-and-trading-update-1</guid>
<pubDate>Wed, 16 Jul 2025 06:00:00 GMT</pubDate>
<description>Business and Trading Update.</description>
</item>
</channel>
</rss>