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China Aerospace Science and Industry (CASIC), in collaboration with automotive manufacturing firm Zhejiang Geely Holding Group (Geely), intends to develop next-generation high-speed trains.
CASIC and Geely will extend their co-operation in exchanging technical capabilities and expertise to facilitate the development of supersonic bullet trains, under an agreement signed during an aerospace industry show held in Zhuhai, China.
The trains will be designed to offer a hypersonic travel experience to the passengers by using magnetic levitation technology and vacuum tubes.
The high-speed trains are expected to travel at a maximum speed of 1,000km/h.
Finland’s Helsinki City Transport has agreed to deploy the Teleste S-AWARE platform to enhance the safety and situational awareness features of the metro system in Helsinki.
The advanced platform will enhance the operational efficiency of public transit systems by gathering real-time data from multiple subsystems and data sources.
The data will enable the operator to improve the situational awareness and reduce the response time during emergency conditions.
“The data will enable the operator to improve the situational awareness and reduce the response time during emergency conditions.”
The platform also features smart incident management capability and offers immediate corrective measures during unforeseen incidents.
Scheduled for completion by 2020, S-AWARE implementation is expected to cost €2m ($2.29m).
Renfe, a state-owned train operator based in Spain, has agreed to collaborate with Texas Central on the Texas high-speed passenger train project.
Renfe will act as the strategic operating partner for the high-speed train project linking North Texas, Brazos Valley and Houston, under the agreement.
The high-speed train will operate at a speed of 320km/h and will take 90 minutes to complete a single trip.
Strabag Rail has agreed to offload its rail milling business to Vossloh, a rail technology company based in Germany.
Vossloh will acquire four milling machines and retain 30 Strabag employees.
The acquisition will result in the integration of the Vossloh milling segment with Strabag’s rail milling business. The milling segment will be operated by Vossloh’s Alpha Rail Team.
Vossloh intends to strengthen its rail and switch maintenance portfolio through the acquisition.
The post Deals and M&As this week: Geely, Teleste, Renfe appeared first on Railway Technology.
This article first appeared on www.railway-technology.com
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