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Showing posts with the label Dan Corns

Magnovate - Maglev technology for the World

Magnovate Transportation Magnovate Transportation Inc. was founded in 2013 to commercialize Magline, a patented magnetic levitation (maglev) technology, a green, quiet, and cost-efficient power system. Magnovate founder is Edmonton entrepreneur Dan Corns. Over the next 5 years Magnovate plans to execute a series of strategically timed projects for early adopters of this new technology. The Company proposes to progress over a period of years from building slow-speed systems ranging from $30-$200 million CAD to high-speed rail projects costing billions. Magnovate is the lynchpin of a consortium that includes several multi-billion dollar international industrial leaders, Magna, Stantec, All-Trade Industrial Contractors, and Plenary Group who are assisting Magnovate with project delivery, marketing, financing, and global expansion. The Consortium has contracted with the Toronto Zoo to build an elevated system at that facility as its first demonstration project. Magnovate will continue to...