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Hitachi Rail awarded contract for supplying ETCS Level 1 trackside equipment in Thailand

Nov 20, 2024over 1 year ago

Contract Type

contract

ChiyodaManufacturingInformation TechnologyBiotechnologyVenture Capital

Description

Hitachi Rail has been awarded a contract by South Korean company LS Electric to supply ETCS Level 1 trackside equipment as part of the renewal of signalling and telecoms on two State Railway of Thailand main lines. The contract covers seven routes in the first phase and the Northeast Line from Nong Waeng Rai to Nong Phok and the North Line from Den Chai to Ngao, totaling 781 km, as well as onboard equipment for three vehicles.

Company Information

Company

Hitachi

Location

Chiyoda, Tokyo, Japan

About

Hitachi is a multinational conglomerate specializing in various sectors, including IT services, social infrastructure, and AI innovations. The company aims to create a ‘Harmonised Society’ by balancing environment, wellbeing, and economic growth. Hitachi is focused on harnessing domain expertise to drive advancements in AI-driven technologies. The Hitachi Group operates across multiple global markets, enhancing its offerings through strategic acquisitions.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.