MagNet™ guideways are simple and, at $10-15M per kilometer, will cost far less to build than any of the leading competitors. Narrow width and elevated or sub-surface installation makes them compatible with existing rights-of-way such as railroads, highways, and even power lines, providing a huge inventory of potential routes. MagNets™ will provide low operating costs, quick acceleration to high speeds, short headways between vehicles, high volume passenger and/or freight capacity, clean electric operation, and greatly reduced capital investment requirements compared with conventional maglev designs or other transportation modes. Variations on the design are suitable for intra-city, inter-city and even trans-continental passenger and freight transportation. In developing countries, such as China and India, this can multiply the effectiveness of the huge transportation expenditures planned and needed in the coming decades.
A prototype freight capsule, with Repulsor suspension and track has been constructed. Future project goals include the construction and test of an extended track with routers, Magways, Magtubes, central control, and a vehicle communication system.