Andrew Hayes

Greenwich, CT (USA)
Role(s):
Founder/Owner/Principal

Fastransit

Location: Greenwich
Industry: Transportation
Year Founded: 2007
Number Employees: 1-10 people
Description: We are developing energy-efficient transportation solutions by using existing technology in new ways: SyncPark uses linear synchronous motors for automated parking that costs the same as self-parking, and much less than mechanical automated parking, and is also faster; Fastransit uses LSMs in a new, low-cost maglev system that can be retrofitted onto existing rail lines or highway medians at a capital cost of under $10M/mi, with lower power usage than even other maglev systems.