Magway utilizes proprietary linear motor technology and a network of modular underground and overground pipelines to transport goods efficiently and sustainably, achieving zero emissions. This system addresses the inefficiencies and environmental impact of traditional logistics methods by providing a reliable, scalable solution for moving heavy loads in various industries.
Funding
$882.1K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional logistics methods are inefficient and environmentally impactful, contributing to congestion and emissions. Current systems lack the scalability and reliability needed to meet the growing demands of various industries for moving heavy loads.
Solution
Magway offers a sustainable goods transport system utilizing proprietary linear motor technology and a network of modular pipelines, both underground and overground. This system provides an all-electric alternative to conventional methods, enabling zero-emission goods movement and decarbonizing supply chains. The technology is designed for efficient and reliable transport of goods across various industries, from parcel delivery to bulk materials handling. Magway's system minimizes waste and removes unknowns from the transportation network, providing a scalable solution.
Target Audience
Primary customers include businesses in e-commerce, dry bulk trading, and port operations seeking sustainable and efficient solutions for transporting goods, as well as companies looking to improve supply chain productivity and reduce their carbon footprint.
Features
- Proprietary linear motor technology to propel carriages along a track.
- Modular track sections designed for plug-and-play installation.
- Pipes (or containment) built to customer requirements, typically 1m diameter.
- Carriages capable of carrying up to 250 kg, depending on user requirements.
- Automated system minimizes worker contact, enhancing safety.
- Circular design principle ensures longevity with minimal moving parts.