International engineering and technology company Ricardo has announced an agreement to acquire the business, operating assets and employees engaged in the businesses of LR Rail, from Lloyd's Register Group.
The acquisition will be materially complete on or before 1 July 2015 and the business will operate as the core of a new international rail business within Ricardo and combined with Ricardo's existing rail industry expertise, to be branded Ricardo Rail. Current LR Rail managing director Paul Seller wi
The application of artificial intelligence has the potential to transform the performance of vision-based systems used for a wide and growing set of applications. These include vehicle presence detection and identification, count and classification, and enforcement, explains Roy Czinku of International Road Dynamics
The Southern Connector Toll Road in South Carolina, US, has awarded a five-year contract to BIT Mobility Solutions, a subsidiary of Portuguese group Brisa, to implement anew back office system for improved effectiveness and efficiency in revenue collection and to minimise toll violations.
The US$2 million contract involves integration of legacy components and supply of new subsystems and includes: integration services, digital cameras, vehicle classification system, lane controllers, licence plate recog
The benefits of Lidar as a safety device for automobiles rather than as an enabler for AVs are easy to overlook – but Dr Jun Pei of Cepton Technologies tells Adam Hill why that would be a big mistake
