LNER selects Amygda for Future Labs 3.0 to test new cost reduction technology

Derby, UK – October 2022 – Amygda, a rail and aerospace AI/ML startup focused on removing delays and disruption in transport, is working with LNER’s Future Labs 3.0 innovation programme – a 12-week programme designed to develop innovative technology solutions that solve specific challenges in the UK rail ecosystem.

This programme is supported by industry partners Network Rail, Southeastern, Northern and Alt Labs. This year, the programme brings together 7 start-ups using artificial intelligence (AI) and other innovative technologies to push the boundaries of how digital solutions are delivered to the rail industry, tackling problem statements around safety and security, sustainability, new revenue opportunities, and the future of rail.

Amygda has been developing innovative solutions for the rail sector since its inception and is excited to contribute to LNER’s mission to accelerate rail innovation through technology. Amygda helps rail operators reduce delays and disruption due to equipment downtime, making rail travel more punctual, affordable and sustainable for passengers.

We are very excited to work with LNER and its partners, looking forward to creating bonds and a cooperation that will last beyond the 12 weeks. This programme provides a great opportunity to bring in cross-industry innovation from our aerospace background and further validate our solution in the UK rail industry”.

Faizan Patankar, CEO at Amygda

As an industry leader in innovation, LNER was particularly keen to hear about technologies that could improve the customer experience, help make decisions, reduce costs and improve efficiencies. Through a stringent selection and interview process, Amygda was chosen to start the innovative collaboration.

“Through our Future Labs programme, we are on the hunt for the next game-changing innovations that will deliver real benefit to our customers. This is why we have partnered with Network Rail, Northern and Southeastern to demonstrate the power of collaboration and to generate genuine impact across the industry.”

Danny Gonzalez, Chief Digital & Innovation Officer at LNER

To know more about the solution we are validating through the FutureLabs 3.0 programme, please reach out to [email protected] for a brief introduction.

About Amygda

Amygda is a Boeing-backed AI/ML tech start-up that eliminates unplanned downtime and extends asset life in the world’s most challenging industries. Using a proprietary ML-based predictive maintenance stack, and a robust data management platform, Amygda enables owners of high-cost assets to dig deeper into heterogenous high-frequency data to uncover risks and obtain actionable insights, saving the transport industry billions in repair costs, and removing delays or disruptions for the passenger.

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