Magnadata Group wins $37.35 million rail ticket contract

UK-headquartered Magnadata Group has been awarded a five-year, US$37.35 million contract by ATOC (Association of Train Operating Companies) to produce the iconic orange magnetic rail ticket and associated products for all the UK train operating companies.
February 1, 2012 Read time: 2 mins

UK-headquartered 1996 Magnadata Group has been awarded a five-year, US$37.35 million contract by 1998 ATOC (Association of Train Operating Companies) to produce the iconic orange magnetic rail ticket and associated products for all the UK train operating companies. The company will supply of around 750 million magnetic striped tickets per annum which will be distributed to over 2,500 rail stations throughout the UK. Each ticket has a magnetic stripe applied to the surface which carries data that enables passengers to use automated barriers at stations.

Magnadata is one of the world’s largest suppliers of passenger transport ticketing. Its customers include New York Metro in the US, Dublin Bus in Ireland, Spain’s Valencia Metro, Sydney Rail in Australia and London Underground.

According to Roy Colclough, Magnadata Group CEO, the order complements the company’s future investment programme in terms of magnetic and RFID product development.

UK-headquartered Magnadata Group has been awarded a five-year, US$37.35 million contract by ATOC (Association of Train Operating Companies) to produce the iconic orange magnetic rail ticket and associated products for all the UK train operating companies. The company will supply of around 750 million magnetic striped tickets per annum which will be distributed to over 2,500 rail stations throughout the UK. Each ticket has a magnetic stripe applied to the surface which carries data that enables passengers to use automated barriers at stations.

Magnadata is one of the world’s largest suppliers of passenger transport ticketing. Its customers include New York Metro in the US, Dublin Bus in Ireland, Spain’s Valencia Metro, Sydney Rail in Australia and London Underground.

According to Roy Colclough, Magnadata Group CEO, the order complements the company’s future investment programme in terms of magnetic and RFID product development.

For more information on companies in this article

Related Content

  • AV/ridesharing mix wins major auto investment
    May 5, 2016
    The US has a new trend in personal mobility and David Crawford takes a closer look. US automaker General Motors and ridesharer Lyft’s announcement of a strategic partnership aimed at delivering, over time, an integrated network of on-demand autonomous as well as conventional vehicles has taken the nation’s car industry from traditional manufacturing to new arenas.
    Read More
  • Maintaining momentum: learning lessons from the London Olympics
    November 15, 2013
    Japan will not only host this year’s ITS World Congress but has been selected for the 2020 Olympics. So what can Japan, and indeed Brazil, learn from the traffic management for London 2012 - Geoff Hadwick finds out. It was a key moment when Olympic boss Jacques Rogge signed off London 2012, calling the Games “happy and glorious.” Scarred by the logistical disaster of Atlanta 1996 and the last-minute building panic for Athens 2008, Rogge clearly thought London 2012 was an object lesson in how to plan and
    Read More
  • India to invest in transportation to boost urban economies
    November 13, 2012
    Grand plans have been announced for transport investment in India aimed at boosting city economies. India’s Government Secretary for Urban Development Sudhir Krishna explains all to Jason Barnes. There are many reasons for developed countries’ high levels of urbanisation, not least of which is that the types of employment to be found in towns and cities tend to generate relatively greater wealth and so make greater contributions to a country’s economy. That creates the imperative for developing nations to f
    Read More
  • Masabi develops Valencia bus app
    September 29, 2022
    New system will be enabled using Masabi’s cloud-native and shared Justride platform
    Read More

Highlighted Content