About NGRT
NGRT is a company based in Campanillas (Spain) founded in 2015 by Richard Aaroe. NGRT offers products and services including Broken Rail Detection (BRD), Rock- and Landslide Detection (RAD), Sand and Sandstorm Detection (SSD), Flooding/Wash-out Detection (FDS), and Wheel Derailment Detection (DED). NGRT operates in a competitive market with competitors including Laser Precision Solutions, Rail-X, Onyx Rail Safety Solutions, Schweizer Electronic and Novius Railtech, among others.
- Headquarter Campanillas, Spain
- Founders Richard Aaroe
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Next Generation Rail Technologies S.L
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$52.45 K (USD), Grant
Jun 30, 2022
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of NGRT
NGRT offers a comprehensive portfolio of products and services, including Broken Rail Detection (BRD), Rock- and Landslide Detection (RAD), Sand and Sandstorm Detection (SSD), Flooding/Wash-out Detection (FDS), and Wheel Derailment Detection (DED).
Detects broken rails to prevent accidents and ensure track integrity.
Monitors rocks and landslides near tracks to avoid disruptions.
Identifies sandstorms that could impact railway operations.
Alerts to flooding that may wash out tracks and cause hazards.
Detects potential wheel derailments to protect trains and passengers.
Identifies flat wheels on trains to prevent further damage.
Monitors train movements for enhanced operational safety.
Protects worksites by detecting potential risks near railway areas.
Funding Insights of NGRT
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $52,445
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First Round
First Round
(01 Jul 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Grant - NGRT | Valuation |
investors |
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| Jul, 2020 | Amount | Grant - NGRT | Valuation |
investors |
Investors in NGRT
NGRT has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
Investments & Acquisitions by NGRT
Financial Statements - NGRT
Ngrt Comparisons
Competitors of NGRT
NGRT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Laser Precision Solutions, Rail-X, Onyx Rail Safety Solutions, Schweizer Electronic and Novius Railtech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Laser solutions for rail safety management and maintenance are provided.
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| domain | founded_year | HQ Location |
An AI and SaaS-enabled platform for rail-crossing monitoring solutions.
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| domain | founded_year | HQ Location |
Provides AI platforms for detecting and reporting hazards at railroad crossings to enhance safety.
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| domain | founded_year | HQ Location |
Schweizer Electronic AG is engaged in railway safety solutions.
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| domain | founded_year | HQ Location |
Develops and manufactures rail safety solutions and condition-based monitoring systems.
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Latest news on Ngrt
Frequently Asked Questions about NGRT
NGRT was founded in 2015 and raised its 1st funding round 5 years after it was founded.
NGRT is headquartered in Campanillas, Spain. It is registered at Campanillas, Andalucia, Spain.
Richard Aaroe is the current CEO of NGRT. They have also founded this company.
NGRT was founded in 2015 in Campanillas, Spain, as a provider of rail safety warning systems. Anomalies within railway infrastructure are detected through real-time monitoring. The Train Detection System (TDS) is offered to support safety operations. Collaboration occurs with railway regulators and infrastructure managers to address industry risks. Focus is placed on reliable anomaly warnings in the transportation sector.
NGRT's top competitors include Laser Precision Solutions, Rail-X and Onyx Rail Safety Solutions.
NGRT offers Broken Rail Detection (BRD), Rock- and Landslide Detection (RAD), Sand and Sandstorm Detection (SSD), Flooding/Wash-out Detection (FDS), and 4 more products and services.
NGRT has 2 investors. Key investors include European Union, and EIC Fund.