Green Cargo currently leases rear-view cameras from Railway Metrics and Dynamics Sweden AB (publ). The parties have now also signed a new agreement enabling additional camera orders on demand. The agreement secures Technology-as-a-Service (TaaS) revenues of at least SEK 6,026,000.
RMD's proprietary camera system was introduced into Green Cargo's operations in the summer of 2024. Their decision to both expand the number of installed cameras and enter into a long-term call-off agreement demonstrates continued strong confidence in the system. For RMD, the deal also confirms that the camera has become an established tool for rail companies seeking to increase efficiency and safety while reducing day-to-day operational costs.
RMD assesses that the Swedish market holds significant potential for the rear-view camera, with an estimated need of between 500 and 700 units. Interest is high, and the longer-term agreements being signed provide stable revenue streams over time, in line with previously communicated financial expectations. The camera system is continuously developed through an iterative process in which customer feedback and requests play a central role.
The work includes both software development and hardware adaptations. New software features are added on an ongoing basis, such as remote control of image settings and an improved user interface. The hardware is also being refined, including a new camera mount adapted to the standard tail-signal holders found on all Swedish wagons.
The multi-year agreement, which also includes cooperation and further development, strengthens the relationship between the companies and provides clear confirmation that the camera system is both reliable and highly beneficial, every day.
