Tisdag 25 November | 11:32:09 Europe / Stockholm

Prenumeration

Kalender

Est. tid*
2026-05-29 N/A Årsstämma
2026-05-15 07:00 Bokslutskommuniké 2025
2025-08-30 - Kvartalsrapport 2025-Q2
2025-06-25 - Extra Bolagsstämma 2025
2025-06-02 - X-dag ordinarie utdelning NTG 0.00 NOK
2025-05-30 - Årsstämma
2025-02-28 - Bokslutskommuniké 2024
2024-08-30 - Kvartalsrapport 2024-Q2
2024-05-31 - X-dag ordinarie utdelning NTG 0.00 NOK
2024-05-30 - Årsstämma
2024-02-29 - Bokslutskommuniké 2023
2023-08-25 - Kvartalsrapport 2023-Q2
2023-05-30 - X-dag ordinarie utdelning NTG 0.00 NOK
2023-05-26 - Årsstämma
2023-02-17 - Bokslutskommuniké 2022
2023-02-13 - Extra Bolagsstämma 2023
2022-08-26 - Kvartalsrapport 2022-Q2

Beskrivning

LandNorge
ListaEuronext Growth Oslo
SektorIndustri
IndustriIndustriprodukter
Nordic Technology Group är verksamt inom den industriella sektorn. Bolaget är en teknisk utvecklare av diverse teknologi, anpassat för huvudsakligen industriellt bruk. Produktutbudet är brett och inkluderar exempelvis sensorteknologi Utöver huvudverksamheten erbjuds diverse övriga tekniska lösningar inom området för Clean Tech. Bolaget innehar störst verksamhet runtom den nordiska marknaden. Bolaget har sitt huvudkontor i Norge.

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2025-11-25 09:00:00

Lysaker, Norway – Wavetrain Systems AS, a subsidiary of Nordic Technology Group AS (NTG), is pleased to announce that its latest Level Crossing Warning System has achieved an updated CENELEC SIL2 approval. The system is powered by Artificial Intelligence (AI) and Machine Learning (ML), delivering robust detection performance and opening significant market opportunities in condition‑based monitoring and maintenance.

Building on this technology, Wavetrain has completed final trial activities with Network Rail, Wavetrain’s key launch customer. This milestone marks an important step toward broader deployment of the solution to enhance safety and efficiency at level crossings.

"Achieving updated CENELEC SIL2 approval, together with the successful completion of our final trials with Network Rail, demonstrates the maturity and reliability of our AI‑driven approach," said Pål E. Bratlie, CEO of Wavetrain Systems AS. "Our technology is designed to be installed quickly, operate autonomously, and deliver the actionable insights operators need to improve safety while significantly reducing lifecycle costs."

Strong global traction
Following the Network Rail purchase of one system, and next approval steps towards final type approval, interest in Wavetrain’s solution continues to accelerate worldwide. Wavetrain is in active dialogue with infrastructure stakeholders across Europe, North and Central America, Asia, and Oceania.

• Two countries have initiated national approval processes and have decided to purchase one Wavetrain’s Level Crossing Warning System.
• Wavetrain is also advancing negotiations with four more countries for system sales and national roll‑outs.

Together, Network Rail and the two countries initiating national approvals represent more than 23,000 level crossings corresponding to a total addressable market (TAM) of more than NOK 11 billion, highlighting the significant market potential for Wavetrain’s solution.

Strategic partnerships
To support local sales and accelerate expansion, Wavetrain has entered into two partnership agreements focused on strengthening market presence and providing regional support. Wavetrain is receiving strong interest from additional partners who want to represent Wavetrain and bring the product to market, further broadening the company’s reach and capacity to serve customers globally.

Technology at a glance
Wavetrain’s AI/ML‑enhanced system interprets acoustic signatures to detect approaching trains and trigger appropriate warnings. The latest ML capabilities enable improved performance, support condition‑based maintenance, and provide a scalable foundation for future monitoring applications.

About Wavetrain Systems AS
Wavetrain Systems AS is a Norway‑based safety technology company focused on AI‑driven solutions for railway level crossings. The company’s patented approach uses acoustic sensing combined with advanced software to deliver reliable detection, rapid installation, and low‑maintenance operation—improving safety and significantly reducing cost for rail infrastructure owners and operators.

Contact Information

Group CEO Rune Rinnan

Chair Wavetrain Systems AS

Mob. +47 900 56 028

rune.rinnan@ntechgroup.no

www.nordictechnologygroup.no

Pål Bratlie, CEO Wavetrain Systems AS

pb@wavetrain.no

www.wavetrain.no