Swift Rails, Inc.
5x faster and 40x cheaper than regular transit
Aug 04, 2022
Aug 04, 2022
- Cool, on-demand personal vehicles take you safely and directly to your stop with zero emissions
- Disruptive innovation for $600 billion transit market
- Were well positioned to benefit immensely from the $1.2 trillion infrastructure bill
- Great team – CEO led a public company that completed 50,000 projects in over 100 countries
We have a cool new kind of transportation. Super efficient 1 to 4 person autonomous vehicles powered by electric motors using renewable energy that travel rapidly on a highway of ultra-light rails elevated 12-15 feet by a small pole similar to a light post. Vehicles are hailed on-demand like an Uber and quickly take you directly to your destination with no stops in between. Radically cheaper and better than regular transit, our system is the solution to clean, sustainable ground transportation.
It's our mission to provide sustainable, safe and equitable transportation to the world. In 5 years, we hope to have multiple systems in operation, revenue of approximately $150M, and $600M - $1 billion of projects in development. We aim to have our model be proven and be poised for rapid global expansion. Ultimately, we intend to replace 25% of automobile traffic globally. By 2040, our goal is to reduce carbon emissions by 2.4 billion tons annually and avoid 10 million accidents.