Tracsis, a spin-out of Leeds University focused on train monitoring software which aims to prevent delays and derailments, has secured a £2.2m ($3.62m) from an unnamed existing client.
The company’s technology, which computerises staff and rolling stock schedules, is currently used by a number of UK transport operators, including Virgin Trains, First Group, Go-Ahead, Serco, Arriva, Scot Rail, and National Express. Network Rail, the organisation which maintains the UK’s rail infrastructure, is also a major client for the Leeds-based firm.
John McArthur, chief executive at Tracsis, said: “We are delighted to have won this further major order, which is testament to the quality of the technology solutions we provide and our excellent working relations within the rail industry. We believe Tracsis is well placed to win further contracts of this nature both within the UK and overseas.”
