Along our nation’s busiest passenger rail corridor, the Northeast Corridor, infrastructure-related issues caused 328,000 train-delay minutes, or the equivalent of roughly 700 Northeast Regional train trips from Boston, Massachusetts, to Washington, D.C. While freight maintains a strong network largely through direct shipper fees - investing on average over $260,000 per mile - passenger rail requires government investment and has been plagued by a lack of federal support, leading to a current state of good repair backlog at $45.2 billion. Despite freight and passenger rail being part of an integrated system, there remain stark differences in the challenges faced by the two rail categories. Amtrak operates over a 21,400-mile network, 70% of which is owned by other railroads, also known as host track. Approximately 140,000 rail miles are operated by freight’s Class I, II, and III railroads. “This acquisition not only accelerates Wavetronix’ entry into the railroad sector, but it also expands the engineering, sales, and support functions necessary to bring technologies developed by Island Radar to a global railroad market,” said Hilleary.Our nation’s rail network is divided into two categories: freight rail and passenger rail. Together we believe we can respond to the rail industry’s unique and challenging detection needs.” Hilleary and to benefit from his exceptional leadership and vision. Rose says the two companies will work together to develop new products and solutions to enhance safety in combined railroad and automotive traffic applications. “We are eager to move from our core Intelligent Transportation Systems and traffic business and embrace the challenges that the rail industry will present for us.” “Wavetronix has demonstrated its value as a respected, trusted partner in solving difficult traffic problems around the world, and we believe our experience will be an asset to the rail industry,” says Michael Rose, vice president of business development for Wavetronix Rail. Wavetronix Rail will continue to maintain offices in the Olathe area its global headquarters are in Utah. “Island Radar has relied on the superior sensor technology developed by Wavetronix and has integrated that technology into railroad industry-compliant systems,” Hilleary says. Today, Island Radar’s products are used by numerous freight, passenger and transit railroads throughout the United States. Wavetronix at the time had a record of successful radar deployments for highways and intersections, and Island Radar founder and president Tom Hilleary, in partnership with the state of Illinois, BNSF Railway and the Federal Railway Administration secured funding to develop and test Wavetronix radar for a unique four-quadrant gates-crossing warning system. The relationship between Island Radar and Wavetronix began in 2011, when the two first collaborated on the development of radar-based detection for the rail industry. Under the agreement, Island Radar products and systems will be marketed under the Island Radar brand through Wavetronix Rail, a newly-formed division of the Provo, Utah-based company. Island Radar, a private company based in Olathe, Kan., is a developer of radar-based systems used to detect vehicles and trains in railroad applications. Wavetronix, a supplier of radar traffic detection and monitoring technology, announced that it has signed a letter of intent to acquire Island Radar Company LLC.
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