fastransit general presentation

26
Andrew W. Hayes www.fastransitinc.com 1 Rockefeller Plaza, Suite 1005 New York, NY 10020 [email protected] 21 st Century Transportation®

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General presentation of Fastransit maglev technology and potential applications

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Page 1: Fastransit General Presentation

Andrew W. Hayeswww.fastransitinc.com 1 Rockefeller Plaza, Suite 1005New York, NY 10020 [email protected]

21st Century Transportation®

Page 2: Fastransit General Presentation

The Opportunity: The Most Energy-Efficient, Highest-Capacity

Transportation Infrastructure

Freight or passenger, local or long-distance

Fewest BTUs per ton-mile at any given speed

Packet switching = Highest capacity

Simple guideway = lowest capital cost

Strong patents, more IP in pipeline Prototype

Flatcar with truck trailer

Page 3: Fastransit General Presentation

Problem: We Cannot Build Enough Conventional Transportation

Can’t afford enough new capacity

Can’t find new rights of way

Can’t subsidize more mass transit

People prefer personal vehicles

Electric cars will still get stuck in traffic, and need to recharge

No long-distance electric trucks

Result: growing recognition of the need for new technologies

Page 4: Fastransit General Presentation

Solution: Retrofit Existing Rails and Roads with Permanent Magnets to

Create High-Speed “Electric Highway”

Low cost passive magnet guideway installs easily

Less energy: permanent levitation with no power

Maximum capacity: instant, electronic switching

Key: capture revenue from individual trucks and cars that now drive the highways

Page 5: Fastransit General Presentation

Background: Technology Patented by LaunchPoint Technologies

Established tech incubator focusing on electromagnetic systems

– 12 year track record

Permanent-levitation heart pump

– Magnetically-levitated impeller never touches the side of the chamber

Maglev power storage ring

IP licensed by Fastransit (more IP in pipeline will extend franchise)

Page 6: Fastransit General Presentation

Stabilized Permanent Magnets Create Permanent Levitation with No Power

Five foot vehicle levitating over a track for six years –using no power

Powerful neodymium-iron-boron magnets

“Halbach Array” focuses magnetic field on rails (safe, DC field above rails)

Constant levitation gap of 3-8 cm at all speeds

Vehicle magnets can be sized to lift different types of payloads,

all using the same rails

Page 7: Fastransit General Presentation

Low-Power Stabilization and Motor System Proved in Multiple Applications

Stabilizers center vehicle over rails at all times

Vehicle follows right or left rail at the switch –nothing moves in the rails

Onboard linear motor and instant switches allow individually routed cars on short headways

A highway, not a railroad

The copper windings are stabilizers; the coils in the center are actuators for the short-stator linear motor –and yes, the bogie pivots on curves

Page 8: Fastransit General Presentation

Second Successful Prototype Combines and Validates All Design Elements

Vehicle switches between inner and outer loop Pivoting bogies on vehicle allow sharp turns –

40’ vehicle can turn on city street corners Modular track design easy to scale up

Page 9: Fastransit General Presentation

Retrofit Guideway Installs Quickly, Costs Under $8 Million/Mile

Overlay or new rails alongside existing rails 2-meter gauge spans standard rail gauge Fits easily in existing rail tunnels, underpasses Can use existing third rail or onboard batteries

Can interoperate with steel wheel trainsMay cost less to install as overlay

Page 10: Fastransit General Presentation

Patented Design Is Fundamentally Superior to (and Costs Less than)

Other Maglev Systems

“Wrap-around” guideway systems:

– Slow, mechanical switches; expensive guideways

EMS (electromagnetic suspension) systems:

– Tiny levitation gap limits flexibility, increases costs

EDS (electrodynamic suspension) systems:

– Vehicles run on wheels at low speed => higher vehicle and guideway costs, complicated switching, more power

Supercooled EDS systems:

– Runs on wheels until 30 mph; expensive magnet cooler units

Page 11: Fastransit General Presentation

Combination of Features Can Redefine – and Dominate – Freight and

Passenger Transportation Markets

Much faster and much less expensive than rail or trucks

– Ports: one move from gantry crane to offramp near customer

Seamless urban/regional/high-speed inter-city rail networks

Faster personal vehicle travel on the “Electric Highway”

– Most trips up to 600 miles are made by personal vehicle; this is a huge market we can own

Page 12: Fastransit General Presentation

Sample Application: San Pedro Bay On-Dock Rail/Conveyor System

RFQ now, RFP by 2010

Phase I: drayage to ICTF –2M diesel truck moves/year

First step of system to the Inland Empire – Fastransit can continue on to Chicago

We can handle all port traffic on dual track guideway

No need for on-dock rail electrification

Page 13: Fastransit General Presentation

Sample Application:Stryker Brigade Movement

Proposed demo at Port Hueneme/Navy Base Ventura County

Strategic priority for DOD– Existing federal funding

– State funding also possible

Can start very quickly –port’s rails on Navy base

Validates port drayage application

Military equipment is often driven short distances from a railyard onto Navy ships, wasting time, money, and diesel

Page 14: Fastransit General Presentation

Pro Forma Costs: On-Dock Rail/ Freight Movement System

Capital Cost: $8MM/mi

– Magnets: <$3MM/mi

– Vehicles: $125K each

Operating Cost (avg. 60 mph): $0.03/mile

Capacity: 1 second headway per 2-TEU sleds = 7200 TEUs/hr = >60M TEUs/year/track

Can easily retrofit existing on-dock rail

Page 15: Fastransit General Presentation

Sample Application:New/Retrofitted Metro Lines

Incremental retrofit of existing steel-wheel routes

Light or heavy rail

Lighter guideway better for elevated grade crossings

Premium, on-demand transit service for off hours

A retrofit project that other maglev systems cannot do

Page 16: Fastransit General Presentation

Sample Application: Retro-Style Trolley/People-Mover

Comparable capex

– No need for concrete anchors in roadbed

– No catenary

– Lower operating cost

Much higher-value, higher-ridership service

– Smaller vehicles, flexible routing, faster throughput

– More frequent (on demand) service – higher value

– Inter-operable with other Fastransit modes

Page 17: Fastransit General Presentation

Pro Forma Costs:Mass Transit Retrofit

Capital Cost: $6-8MM/mi

– Magnets: <$3MM/mi

– Can use existing power distribution

– Vehicles: $1.5M each (current size)

Operating Cost: $0.03/veh. mi.

Capacity: peak >40,000 passengers/hr each direction

On-demand off-hour service The least expensive way to increase capacity

Page 18: Fastransit General Presentation

Sample Application:Airport Parking/Circulator Services

Sacramento, LAX planning new airport parking and people-movers

We are uniquely suited to offer integrated solution

– Airport parking is ideal application for SyncPark automated garages

Many other opportunities– Oakland, LaGuardia Sacramento Airport

Page 19: Fastransit General Presentation

Pro Forma Costs: Airport/People-Mover PRT System

Capital Cost: $5-$15MM/mi

– Magnets: $2/mi

– Elev. guideways: $5-$10MM

Vehicles: $100k

Operating Cost: $0.01/mi

Capacity: 14,400 passengers/track/hour

– 60 mph, 1 car/sec., 4 passengers/vehicle

PRT magnets cost less because they are sized to carry light passenger pods; they can also run on narrower-gauge tracks

Page 20: Fastransit General Presentation

Pro Forma Costs: Linear-Motor Automated Garages

Most space-efficient parking system

Low power: .5 kWh to store and retrieve

$20,000 per space

– Less than self-parking garage

Ideal complement to people-movers

SyncPark garage motor system licensed from MagneMotion, Inc.

Page 21: Fastransit General Presentation

Sample Application:I-710 Highway Congestion Mitigation

Currently being studied by Gateway Cities COG

Key: reducing diesel truck emissions

Dual guideway can move all trucks on flatcars

Alternative => more lanes => much more expensive

Future car-sled capability –the “Electric Highway”

Page 22: Fastransit General Presentation

Electric Highway Is Feasible Because it Offers Major Benefits for All

Public and Private Stakeholders

Replaces diesel trucks = less pollution, congestion

Lowers shipping costs = better for trucking cos.

Just-in-time deliveries = better for customers

Much lower highway maintenance costs

Much greater capacity A fast, zero-emission toll road

Page 23: Fastransit General Presentation

Faster, Cheaper, Greener: A Viable Business Model for a National

Transportation Network

One operating system for multiple markets segments

– Network economics will reinforce market dominance

Price at cost of self-driving:

– $1.50/mi for trucks

– $.20/mi for cars

Solves “battery problem” of electric cars, trucks All this can be

replaced by 4 lanes

Page 24: Fastransit General Presentation

Individually-Profitable Near-Term Projects Lead Up to the Proposed

National Network

2010: Demo in India

2011-12: Port drayage in CA, Middle East

2013: Shuttle on NY Subway, MTA, then

Northeast Corridor

Alameda Corridor, CA High-Speed Rail

The best way to significantly reduce car and truck miles is to offer a better alternative to gasoline vehicle driving

Our Future Network:

Page 25: Fastransit General Presentation

Partners, Team, Budget

Engineers/Project Managers: Parsons Brinckerhoff

– The leading railroad engineers in the world

Chassis/Controls: Multiple potential partners

Fastransit: decades of legal, finance, project work

LaunchPoint: 20+ staff, decades of experience

Legal: Nossaman LLP, top infrastructure counsel

Budget: $12.5MM for freight demo; $125MM total through 2014 for high-speed passenger rail

– Public funds leverage working capital 4:1

Page 26: Fastransit General Presentation

Thank You

Andrew W. Hayes

Fastransit Inc.

[email protected]

1 Rockefeller Plaza, Suite 1005

New York, NY 10020

(212) 554-3125

www.fastransitinc.com