This could be an investment opportunity that one may not want to pass up; however, I have a couple of questions. 1) Is there any place in the USA or anywhere in the world that this tiny railways concept ever tested to work? 2) Building some new railways in most cities can be t...

Good questions Richard. A working passenger carrying system of this type does not currently exist anywhere. We have been told that value of the company will increase substantially once this happens. We have built a full scale prototype and tested many component pieces of the system. These match up pretty well with our calculations and are sometimes exceeding our expectations. While it is likely that we make some modifications as we go to full scale, we expect that we will be successful. Our c...

Hi. When do you expect to start generating revenue? Once you do, what are your goals for the first 5 years? And when would you like to hit the 1B mark in revenue? I understand that nothing is guaranteed, I just want to have an idea of the growth you are envisioning for the com...

Thanks for the questions Leonardo. We have proposals currently submitted for several million dollars of development/grant type projects, so we would like to see some 2021 revenue. We are going to be able to sell larger projects once we have the first system in place. Our goal is to be slightly ahead of/meet demand for systems and are building scalability and repeatability into all our design and process. We estimate system size will typically be $25-200 Million. From a production side, we sho...

Hello Mr. Neumaier, Going off questions asked by Mr. Lee on luggage and attendants at "stations" to help the customers get in and out of the "carriage": - Although the "carriage" design is slick it doesn't seem to be thought for people that have mobility issues and people that...

Thanks Miguel. Our "standard" vehicle is comfortable for most body types. A gentleman at 6'7" described our vehicle as exceptionally comfortable. We tried to make sure that sight lines work for shorter people and kids and the response has been very positive. The vehicles are pretty spacious inside and they match up to the platform well. If a person can sit in a chair they can get into our vehicle. Unlike traditional transit, we wait until the person is in the vehicle before leaving the statio...

Thanks for your reply. A few more questions: 1) Will fares be a flat fee or based on distance? How much will the basic fare be? 2) Do riders need to book their rides or is it 1st come 1st serve? What if someone needs a luggage vehicle? Is it extra?

Thanks Leonardo. Pricing is difficult to answer without the specific route and user in mind - but here is an attempt. In general, we anticipate being profitable at fares similar to what is charged now by conventional transit (currently these fares represent only 30% of the average cost of the existing transit service - this means that these systems require large subsidies to operate. We operate profitably at these same prices where it is already established that there is ridership willing to ...

I've read about Personal Rapid Transit systems for about 25 years now. Again and again companies build little demo systems, but they never go anywhere. Why is your demo going to be different than Morgantown, Heathrow, Suncheon, Masdar, ...?

Thanks for the question Eric. The short answer is price, convenience and comfort are the primary differentiators. The somewhat longer answer - Personal Rapid Transit (PRT) has been a concept that has been around for a number of decades as you note. In many ways, it is a near perfect way for people to move around, so why haven't some earlier attempts worked out to be big commercial successes? As you say a few PRT systems have been built. Morgantown is still working and has an very good safety ...

Swift Rails, Inc. Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Revolutionary new transportation designed, tested and demonstrated

USPTO notice of patent issuance September 2023

A strong and unmistakable trend is emerging towards individualized transit

5 times faster, 40 times less expensive, zero emissions and 100 times safer

Semi-autonomous driverless vehicles take you to your destination

Massive growth potential in multi-trillion dollar market

Could potentially solve 1/3 of climate change, improves cities and quality of life

Great team - CEO led a public company that completed 50,000 projects in over 100 countries

Swift Rails, Inc.

Forever Sustainable Transportation - environmentally and financially

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