 | |
| Company type | Publicly traded |
|---|---|
| Industry | Rapid Transit Signalling |
| Founded | December 31, 1998 |
| Headquarters | Toronto, Ontario, Canada |
| Products | SelTrac |
Number of employees | 2000 |
| Parent | Thales Group |
Thales Rail Signalling Solutions is a division of Thales Group that supplies transportation-based automation solutions[buzzword] for railways. Its operations are controlled from several locations:
The original moving block signaling system for rapid transit was introduced by Urban Transportation Development Corporation (an Ontario Crown corporation) for its Intermediate Capacity Transit System (ICTS). In 1985, the ICTS technology was successfully implemented on three new railway lines in North America, all of which continue to use the system today:
UTDC's rolling stock manufacturing operations were later absorbed by Bombardier Transportation, who divested the signalling technology to Alcatel-Lucent. In April 2006, Thales Group announced it would be acquiring Alcatel Rail Signalling Solutions in a deal which also raised Alcatel's ownership of Thales to 21.66 percent.
In August 2021 Thales announced that the ground transportation business was to be sold to Hitachi Rail for €1,660 million.[1][2]
Various railway signalling systems:
Besides its signalling solutions[buzzword], Thales additionally develops electronic interlocking systems, axle counters that can replace track circuits, various types of point machines, and railway worker protection systems.
