Lucid Motors

Lucid’s mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating electric vehicles centered around the human experience. The company’s first car, the Air, is a state-of-the-art luxury sedan with a California-inspired design. Lucid Air Grand Touring features an official EPA estimated 516 miles of range. Assembled at Lucid’s factories in Casa Grande, Arizona, and King Abdullah Economic City (KAEC), Saudi Arabia, deliveries of Lucid Air are currently underway to customers in the U.S., Canada, Europe, and the Middle East. 

WaveTrain Systems

WaveTrain Systems (WTS) is a company dedicated to railway safety and operational performance. The company was founded in August 2009 after successful research and development conducted by one of our owners NORSAR. NORSAR is a world leading research foundation specializing in software solutions and research activities within applied seismic and seismology. WTS is majority owned by Norsk Innovasjonskapital AS, a venture capital fund with proven excellent track record over the last 20 years. Their technology makes it possible to detect light trains at 2.5 km’s distance and heavy trains at 5 km’s distance. Based on this, WTS has already developed a robust and reliable warning and safety solution for level crossings. This solution provides substantial savings compared to current systems, without compromising on quality.

The technology is also relevant in the areas of;

  • condition monitoring of track infrastructure
  • condition monitoring of trains as well as other rolling stock
  • assist approach- and train operations monitoring