Nevomo’s MagRail technology revealed at Swiss Pavilion

  • Date: 10-Jan-2022
  • Source: SME10X
  • Sector:Technology
  • Country:UAE
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Nevomo’s MagRail technology revealed at Swiss Pavilion

Swiss-based Nevomo presented its MagRail technology – a hyperloop inspired magnetic-levitation railway system that makes use of existing tracks to allow both magnetic vehicles and traditional trains to operate on the same railway line interchangeably, which can subsequently be transformed into hyperloop. The technology was presented at the Swiss Pavilion at Expo2020 Dubai. The new technology is set to enable the transition to hyperloop, using existing rail infrastructure that will allow the high-speed futuristic trains to be implemented in a more effective, cost-efficient way.

Stefan Kirch, Business Development Director at Nevomo, said: “The Middle East is the place to be, because the region is changing in leaps and bounds, and we want to present our core technology here at Expo. MagRail offers a competitive advantage; building a new hyperloop infrastructure is approximately EUR 50 million (AED 209 million) per kilometre, and building a new high-speed railway line costs EUR 25 million (AED 104 million) per kilometre, but using MagRail technology and updating the existing infrastructure only costs EUR 7 million (AED29 million) per kilometre. Hence, it’s a cheaper, sustainable and an efficient option.”