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

  • London to have three more fully-electric bus routes
    July 7, 2017
    Transport for London (TfL) and the Mayor of London, Sadiq Khan, have announced three more electric-only bus routes in the city on routes 46, 153 and 214, the latest in a series of measures to tackle London’s toxic air.
    Read More
  • Widest bridge in the world Port Mann open in Vancouver
    April 25, 2013
    Port Mann Bridge, designed to growing regional congestion and improve the movement of people, goods and transit throughout greater Vancouver, is now open for business. The widest bridge in the world, the Port Mann Bridge located in the metro Vancouver area, in British Columbia, Canada, features an Open Road Tolling (ORT) system, also called All Electronic Tolling (AET), which will ultimately cross all 10 lanes of traffic.
    Read More
  • Auckland public transit to go contactless in 2024
    June 27, 2023
    New Zealand's biggest city will introduce new payment options alongside its Hop card
    Read More
  • Automated fare collection market predicted to almost double by 2021
    June 3, 2016
    According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications
    Read More

Highlighted Content