Monorail for Toronto

[rbt]

Magnovate (of the Toronto Zoo Maglev) at their Toronto MARs location? is the recipient of a few federal dollars.

Canada’s future economic stars: MaRS announces companies in its Momentum program - MaRS Discovery District

Supporting Canadian ventures building to $100 million in revenue within five years. Today, Momentum companies earn a combined sum of $905M in revenue. If these companies grow 20 percent in the next five years, they collectively would employ nearly 15,000 … Read More

www.marsdd.com

The funds were granted to MARs in April 2019 but the selection of recipient companies was only announced the other day.


Nice to see Hydrostor on the list too; their tech seems exceptionally useful if it can be scaled up.

 

[ssiguy2]

Monorails are effective and efficient rapid transit systems with the capacity of any Metro system and this is nothing more than a tonka-toy.

 

[ARG1]

Monorails are effective and efficient rapid transit systems with the capacity of any Metro system and this is nothing more than a tonka-toy.

Monorails are gadgetbahns, and are no better at transportation than any other rail based system.

 

[Coolstar]

Magnovate (of the Toronto Zoo Maglev) at their Toronto MARs location? is the recipient of a few federal dollars.

Canada’s future economic stars: MaRS announces companies in its Momentum program - MaRS Discovery District

Supporting Canadian ventures building to $100 million in revenue within five years. Today, Momentum companies earn a combined sum of $905M in revenue. If these companies grow 20 percent in the next five years, they collectively would employ nearly 15,000 … Read More

www.marsdd.com

The funds were granted to MARs in April 2019 but the selection of recipient companies was only announced the other day.


Nice to see Hydrostor on the list too; their tech seems exceptionally useful if it can be scaled up.

That idea is still alive? Last time I've checked, opening date for the maglev is 2022.

 

[Johnny Au]

That idea is still alive? Last time I've checked, opening date for the maglev is 2022.

The most current known opening date was determined before the pandemic.

 

[rbt]

That idea is still alive? Last time I've checked, opening date for the maglev is 2022.

It's as alive as it ever was; Magnovate still needs to find an investor willing to fund both a full-size prototype train and the demonstration project (Zoo line). They'll have done a bit of physical component testing but it's largely a theoretical plan still.

If the engineering and construction costs were promising, they'd almost certainly find that money from Magna their parts supplier.

 

[jje1000]

It's as alive as it ever was; Magnovate still needs to find an investor willing to fund both a full-size prototype train and the demonstration project (Zoo line). They'll have done a bit of physical component testing but it's largely a theoretical plan still.

If the engineering and construction costs were promising, they'd almost certainly find that money from Magna their parts supplier.

It's usually the investor part that kills many otherwise promising projects, I fear.