Swift Rails, Inc.
5x faster and 40x cheaper than regular transit
Dec 03, 2020
Dec 03, 2020
- Cool, on-demand personal vehicles take you safely and directly to your stop with zero emissions
- Disruptive innovation for $600 billion transit market
- 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.
We hope to have two fully operational systems, revenue of approximately $60M, 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 annual traffic related injuries. We hope annual recurring revenue is over $100 billion. These projections cannot be guaranteed.