WHY Wavetrain?
Railway authorities worldwide struggle to reach their goals regarding safety at level crossings. How can they find a good way to reduce risk at level crossings? There are several forums and arenas in the European railway sector where the authorities meet to discuss various types of approaches in order to mitigate risks at level crossings and implement good systems and solutions. By promoting international co-operation and embracing new technology, railway authorities can save time, money, and human lives.
Level crossings represent the single biggest risk factor for the railway authorities. There are more than 1,250 accidents and approximately 330 casualties in Europe each year connected to level crossings.
This is where the Wavetrain Systems Level Crossing Warning System can help to save lives and mitigate risks at level crossings.
History
Wavetrain Systems AS was founded in August 2009 after successful research and development conducted by NORSAR. NORSAR is a world leading research foundation specializing in software solutions and research activities within applied seismology. Wavetrain is in majority owned by Nordic Technology Group AS (NTG),Euronext Growth Oslo – ticker NTG, which holds 84% of the shares in Wavetrain Systems AS .