• News

The Value of Onboard Data for Predictive Maintenance

A new survey of critical transportation and military operators found three-quarters of rail leaders reported that their current tooling fails to provide the access and observability needed to conduct predictive maintenance effectively.

New From Shift5: Predictive Maintenance Module

Shift5, best known for its cybersecurity capabilities in the rail, aviation and defense sectors, has expanded its offerings with a Predictive Maintenance Module that “enables smarter, faster maintenance decisions and actions through real-time data access, contextual insights and actionable analytics.”

Shift5: New Investors, $33MM in Series B Funding

Cybersecurity firm Shift5 has raised $33 million in additional financing, bringing its Series B round to $83 million. Moore Strategic Ventures led the most recent round, signing on Booz Allen Hamilton’s corporate

Wabtec is providing a total of 2,304 doors to Alstom for the 36 eight-car Metropolis trainsets it is building for São Paulo (Brazil) Metro under a July 2021 contract.

Supply Side: Wabtec, Shift5

Wabtec has landed a contract to supply on-board doors for São Paulo (Brazil) Metro trainsets, to be built by Alstom. Also, Shift5 has been selected as a cybersecuity award finalist by CyberRisk Alliance.

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Gates Joins Shift5 as CRO

National Security Agency (NSA) and Department of Energy (DOE) veteran Alexander Gates has joined Operational Technology (OT) cybersecurity firm Shift5 as Chief Research Officer (CRO). Gates will oversee the company’s threat research portfolio, product security strategy and knowledge management efforts, “ensuring the distribution of Shift5 information as efficiently as possible.”

Shift5 Raises $50MM in Capital

OT (Operational Technology) cybersecurity company Shift5 has raised $50 million in a Series B round led by New York-based global private equity and venture capital firm Insight Partners.

Rail Cybersecurity with Shift5’s Josh Lospinoso

In December 2021, the U.S. Transportation Security Administration deployed a Security Directive that shined a spotlight on rail cybersecurity following a series of global cyberattacks that occurred at the New York Metropolitan

For Shift5, $20MM in Series A Funding

OT (Operational Technology) cybersecurity company Shift5 has raised $20 million in Series A funding that will be used “to provide enhanced cybersecurity and operational intelligence for commercial transportation fleet operators and military platforms—aircraft, railways, military vehicles.” 645

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Supplier Innovations Virtual Event Series 2021

Railway Age and Railway Track & Structures are celebrating rail innovations in September. On Sept. 15, 22 and 29, we will host virtual events showcasing new products and innovations that impact the maintenance-of-way and rail industries.