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RAILWORKS FAMILY OF COMPANIES:

RailWorks Technology Services wins REMSA Innovation Award

MAY 23, 2025 PUBLISHED BY LDUGAN
REMSA AIVR Award

New York, NY (May 23, 2025) – RailWorks is proud to announce that the Automated Intelligent Video Review (AIVR) system, in partnership with One Big Circle, has been selected as the winner in the Technology category of the prestigious Railway Engineering-Maintenance Suppliers Association Innovation Award

Presented by REMSA, the Innovation Award recognizes outstanding achievement by a member organization in developing innovative solutions, products, or equipment that enhance the railroad maintenance-of-way industry.

AIVR is an innovative, cloud-based system that delivers digital inspections, enabling professionals across various rail disciplines to monitor tracks remotely and safely. The AIVR Platform hosts high-quality data collected by cameras and devices that provide users with digital tools for locating, measuring, annotating, and analyzing images and video. These capabilities support efficient planning, streamlined reporting, and improved decision-making—without the need to physically be on site.

With the ability to easily share photos, videos, notes, and reports with teams and stakeholders, AIVR helps reduce on-track exposure, improve safety, and increase operational efficiency.

“We are honored to receive this year’s REMSA Innovation Award,” said Matt Violin, RailWorks Chief Commercial Officer.  “This recognition reflects our commitment to delivering smart, forward-thinking technology that drives progress in rail maintenance and safety.”

About RailWorks Corporation - Founded in 1998, RailWorks Corporation provides track construction, electrical systems construction, maintenance services, and products throughout the United States and Canada for major transit authorities, Class I, short-line railroads, and rail-served commercial and industrial companies. Trusted RailWorks brands include L.K. Comstock, PNR RailWorks, and NARSTCO. For more information, visit www.railworks.com.

About Bernhard Capital Partners - Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in four funds across several strategies, has approximately $3.4 billion of gross assets under management. Bernhard Capital Partners seeks to create sustainable value by leveraging its experience in acquiring, operating and growing services and infrastructure businesses. For more information, visit www.BernhardCapital.com.