CAF signed an agreement which includes the acquisition of a shareholding package of Orbital Critical Systems, specialized in the design, development and verification of critical systems for the aerospace sector and the railway industry.
The engineering company Orbital Critical Systems was set up in 2008, and has headquarters in Noain (Navarre), and offices in Madrid and Germany. In railway sector, Orbital Critical Systems offers services throughout the whole life-cycle for projects of all types of criticality, including SIL-4.
With a yearly turnover of EUR 5 million and approximately 100 employees, one of the main highlights of Orbital Critical Systems is the company’s permanent technological development. This is a highly significant part of the company’s activities and accounts for a sizeable part of its annual budget.
This agreement is signed in the context of the growth and diversification objectives in CAF Group’s Strategic Plan, and will offer the opportunity to exploit the most advanced technologies and best practices in the aerospace and railway industries, and create cross synergies between both sectors, CAF says.
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