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March 18 (Reuters) - Wabtec (WAB.N), opens new tab said on Tuesday it has agreed to buy train coupler maker Dellner Couplers from private equity firm EQT (EQTAB.ST), opens new tab for $960 million in cash, as the heavy industrial parts maker looks to strengthen its passenger rail business. The deal, to be financed through cash on hand and short-term debt, is expected to boost Wabtec's high-margin recurring revenue and enhance its operational performance.

Wabtec's Generation 3 Collision Avoidance System (Gen 3 CAS) revolutionizes mine safety and productivity by addressing the complexities of interacting vehicles, environmental factors, and human error. Designed from the operator's perspective, Gen 3 CAS provides unparalleled safety and production confidence for mine managers and executives, while offering operators an exceptional experience with advanced technology. User feedback consistently rates Gen 3 CAS as 'best in class,' reflecting the pride of Wabtec's engineering and product teams.

Andrew Tunnicliffe talks with SAPHI Engineering’s Liam Manning and Wabtec Digital Mine’s Mitch Tanzer about the impact of AI on collision avoidance systems used in the mining industry.

Wabtec Corp. has gained approval to become a certified telematics vendor for RailPulse, the manufacturer has announced. The RailPulse coalition of railroads, railcar builders and leasing firms, and related parties is developing industry-wide standards for real-time railcar location tracking and data regarding car condition — such as whether doors or hatches are open or closed — and mechanical health.

Wabtec's advanced technology team is showing off new potential technology for the rail industry in downtown Pittsburgh. The team is giving a glimpse of some potential high-tech, forward-looking technology in the rail industry. The main goal is to see if the technology is of merit to Wabtec's customers.

Wabtec is developing the first effective underground collision avoidance system (CAS) to address the unique safety challenges of underground mining, such as limited visibility and complex interactions. This new system, set to release later this year, builds on their successful surface CAS and 20 years of commitment to mining safety.

Societe Nationale des Chemins de Fer francais (SNCF) Voyageurs, the French national railway company, has placed an order with Wabtec for the provision of KinetiX Inspection Technologies. This move aims to bolster the safety and reliability of its rail operations.

Wabtec has received a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou to support rail operations at its high-grade iron ore project, located in the east of Guinea.

Heavy industrial parts maker Wabtec Corp said on Tuesday it has agreed to buy Evident's inspection technologies division for $1.78 billion.

Wabtec’s R255 hybrid locomotive has been approved by New York’s MTA for full use in subway maintenance.

On May 15, 2024, Wabtec engineers achieved ‘first fire’ (i.e., combustion) by introducing hydrogen into a dual-fuel, full-scale, 4,500 horsepower Wabtec Evolution Series Tier 3 engine. Wabtec believes internal combustion engines will be the next step for hydrogen in the rail industry. This approach provides a railroad’s existing fleet with the flexibility to utilize a range of fuel sources including diesel, biodiesel, and hydrogen.

Wabtec is developing a freight engine that can be powered by hydrogen and diesel, which would be an important step in reducing emissions.

Railroad equipment manufacturer Wabtec has improved the production and performance of its pantograph auto drop devices by leveraging Nikon SLM Solutions’ AM technology. According to the company, this collaboration has led to a substantial 70% reduction in component weight and life cycle costs and a 50% decrease in production time.

Californian commuter train operator Caltrain celebrated the start of 25 kV 60 Hz electrified services with an inaugural train carrying invited guests from San Francisco on August 10. Wabtec supplied Positive Train Control for interoperability with Amtrak and the freight railways serving the region.

Wabtec is pioneering sustainable technologies to transform the freight and transit rail industries needed to power the global economy.