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Radius confirms public interest in its solution at the InnoTrans trade show

October 17, 2024

Radius has closed with InnoTrans its participation in conferences and trade shows to publicize the benefits of its technology to improve the safety of railway infrastructures.

Its participation in the fair has been a success because it has allowed the project to be known to key audiences. InnoTrans is a show of great international renown and has had a large presence of companies outside Europe, with special prominence of the Asian market. For Radius, this is a great opportunity to make European technology known outside the EU borders.

Feedback received

InnoTrans has been a good opportunity to discuss the possibilities of the project with other industry experts. These are some of the main conclusions drawn:

  • Existence of interest from potential customers: among the many people who came to the Radius stand to learn about the project were numerous infrastructure managers and other service providers. Radius was able to see the interest generated by the project, but above all, to confirm that the use of drones to improve railway safety is obvious to the expert public. This is an important step forward for the project because it confirms the evolution of public opinion regarding the use of UAS. In addition, Radius was able to see that not only was there interest in the project, but that experts are in favor of the solutions and approach designed by the project. This is an important point because it confirms our research decisions.

  • Potential market acceptance: During the trade fair, Radius was able to see at first hand that it is of interest as a commercial solution. This point was demonstrated by the numerous questions received about the final price of the solution on the market. This interest shows that Radius could be in demand and therefore be well received in the market.

The way ahead

In addition to the positive conclusions drawn, the participation in InnoTrans showed us the next challenges facing Radius.

Radius is a project with great potential, but in need of further research: the interest of the experts, as well as their proposals show that the experts consider Radius to be only the first step of a project that may have great potential. The reality is that, at present, it is focused on the signaling assets of the railway system, but if anything, the participation in this exhibition has shown that the possibilities are almost infinite. Radius control technology could be extended to many other industries and many other use cases within industries. The project already has the development and proper functioning of the operating system surrounding the inspection, operating procedures and safety measures.

At present, Radius is a research project, so it still needs further development to become a commercially viable technology. This shows that a new horizon is opening up for the continuation of Radius as a project, but this requires more funding and research.

This trade show has shown that the public interest in the solution is real, so the final conclusion drawn by Radius is that it is worth making an effort in funding and research because there is a market that is eager to have the Radius solution, both for the railway system and for many other use cases.