Magway Ltd
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Magway Ltd
Magway is a UK e-commerce and freight delivery system that aims to transport goods in pods that fit in new and existing -diameter pipes, underground and overground, reducing road congestion and air pollution. It uses linear magnetic motors to shuttle pods, designed to accommodate a standard delivery crate (or tote), at approximately . Founded in 2017 by Rupert Cruise, an engineer on Elon Musk's Hyperloop project, and Phill Davies, a business expert, Magway secured a £0.65 million grant in 2018, througInnovate UK’s 'Emerging and Enabling Technologies'competition, to develop an operational demonstrator. In 2019, £1.58 million was raised through crowdfunding to fund a pilot scheme, and in 2020, Magway was awarded £1.9 million from the UK Government''Driving the Electric Revolution Challenge' an initiative launched to coincide with the first meeting of a new Cabinet committee focused on climate change. In September 2020, Magway completed its first full loop of test track in a war ...
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other techno ...
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Freight Transport
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility n ...
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Road Congestion
Traffic congestion is a condition in transport that is characterized by slower speeds, longer trip times, and increased vehicular queueing. Traffic congestion on urban road networks has increased substantially since the 1950s. When traffic demand is great enough that the interaction between vehicles slows the speed of the traffic stream, this results in some congestion. While congestion is a possibility for any mode of transportation, this article will focus on automobile congestion on public roads. As demand approaches the capacity of a road (or of the intersections along the road), extreme traffic congestion sets in. When vehicles are fully stopped for periods of time, this is known as a traffic jam or (informally) a traffic snarl-up. Traffic congestion can lead to drivers becoming frustrated and engaging in road rage. Mathematically, traffic is modeled as a flow through a fixed point on the route, analogously to fluid dynamics. Causes Traffic congestion occurs when ...
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Air Pollution
Air pollution is the contamination of air due to the presence of substances in the atmosphere that are harmful to the health of humans and other living beings, or cause damage to the climate or to materials. There are many different types of air pollutants, such as gases (including ammonia, carbon monoxide, sulfur dioxide, nitrous oxides, methane, carbon dioxide and chlorofluorocarbons), particulates (both organic and inorganic), and biological molecules. Air pollution can cause diseases, allergies, and even death to humans; it can also cause harm to other living organisms such as animals and food crops, and may damage the natural environment (for example, climate change, ozone depletion or habitat degradation) or built environment (for example, acid rain). Air pollution can be caused by both human activities and natural phenomena. Air pollution is a significant risk factor for a number of pollution-related diseases, including respiratory infections, heart disease, COPD ...
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Elon Musk
Elon Reeve Musk ( ; born June 28, 1971) is a business magnate and investor. He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner and CEO of Twitter, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI; and president of the philanthropic Musk Foundation. With an estimated net worth of around $139 billion as of December 23, 2022, primarily from his ownership stakes in Tesla and SpaceX, Musk is the second-wealthiest person in the world according to both the ''Bloomberg Billionaires Index'' and ''Forbes'' real-time billionaires list. Musk was born in Pretoria, South Africa and briefly attended at the University of Pretoria before moving to Canada at age 18, acquiring citizenship through his Canadian-born mother. Two years later, he matriculated at Queen's University and transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics. He moved ...
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Hyperloop
A hyperloop is a proposed high-speed transportion system for both public and goods transport. The idea was picked up by Elon Musk to describe a modern project based on the vactrain concept (first appearance in 1799). Hyperloop systems comprise three essential elements: tubes, pods, and terminals. The tube is a large, sealed and low-pressure system (usually a long tunnel). The pod is a coach pressurized at atmospheric pressure that runs substantially free of air resistance or friction inside this tube using magnetic propulsion (in some cases augmented by a ducted fan). The terminal handles pod arrivals and departures. The Hyperloop, in the initial form proposed by Musk, differs from vactrains by relying on residual air pressure inside the tube to provide lift by aerofoils and propulsion by fans. The hyperloop has its roots in a concept by George Medhurst in 1799 and subsequently developed under the names pneumatic railway, atmospheric railway or vactrain. Elon Musk renewed in ...
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Crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. Crowdfunding has been used to fund a wide range of for-profit, entrepreneurial ventures such as artistic and creative projects, medical expenses, travel, and community-oriented social entrepreneurship projects. Although crowdfunding has been suggested to be highly li ...
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Government Of The United Kingdom
ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal coat of arms of the United Kingdom, Royal Arms , date_established = , state = United Kingdom , address = 10 Downing Street, London , leader_title = Prime Minister of the United Kingdom, Prime Minister (Rishi Sunak) , appointed = Monarchy of the United Kingdom, Monarch of the United Kingdom (Charles III) , budget = 882 billion , main_organ = Cabinet of the United Kingdom , ministries = 23 Departments of the Government of the United Kingdom#Ministerial departments, ministerial departments, 20 Departments of the Government of the United Kingdom#Non-ministerial departments, non-ministerial departments , responsible = Parliament of the United Kingdom , url = The Government of the United Kingdom (commonly referred to as British Governmen ...
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Milton Keynes
Milton Keynes ( ) is a city and the largest settlement in Buckinghamshire, England, about north-west of London. At the 2021 Census, the population of its urban area was over . The River Great Ouse forms its northern boundary; a tributary, the River Ouzel, meanders through its linear parks and balancing lakes. Approximately 25% of the urban area is parkland or woodland and includes two Sites of Special Scientific Interest (SSSIs). In the 1960s, the UK government decided that a further generation of new towns in the South East of England was needed to relieve housing congestion in London. This new town (in planning documents, 'new city'), Milton Keynes, was to be the biggest yet, with a target population of 250,000 and a 'designated area' of about . At designation, its area incorporated the existing towns of Bletchley, Fenny Stratford, Wolverton and Stony Stratford, along with another fifteen villages and farmland in between. These settlements had an extensive historical ...
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Hatfield, Hertfordshire
Hatfield is a town and civil parish in Hertfordshire, England, in the borough of Welwyn Hatfield. It had a population of 29,616 in 2001, and 39,201 at the 2011 Census. The settlement is of Saxon origin. Hatfield House, home of the Marquess of Salisbury, forms the nucleus of the old town. From the 1930s when de Havilland opened a factory until the 1990s when British Aerospace closed it, aircraft design and manufacture employed more people there than any other industry. Hatfield was one of the post-war New Towns built around London and has much modernist architecture from the period. The University of Hertfordshire is based there. Hatfield lies north of London beside the A1(M) motorway and has direct trains to London King's Cross railway station, Finsbury Park and Moorgate. There has been a strong increase in commuters who work in London moving into the area. In 2022, TV property expert Phil Spencer named Hatfield as the second best place to live for regular commuters to Lo ...
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Park Royal
Park Royal is an area in North West London, England, partly in the London Borough of Brent and partly the London Borough of Ealing. It is the site of the largest business park in London, but despite intensive existing use, the area is, together with adjacent Old Oak Common, intended to become the UK's largest regeneration scheme. This arises from the area's relatively central location and also the strong and improving transport links which will include (at Old Oak Common), HS2 and the Elizabeth Line. The scale of redevelopment has led to the Park Royal and Old Oak area being described as a potential "Canary Wharf of West London". Location To the north of Park Royal is Harlesden in the northeast, West Twyford, an outlying area of Ealing, in the northwest, and a Network Rail depot at Stonebridge Park in the far north, which also has London Underground Bakerloo line tracks running through it (and Harlesden station nearby). On the eastern side, Park Royal is bounded by Acton L ...
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Distribution Center
A distribution center for a set of products is a warehouse or other specialized building, often with refrigeration or air conditioning, which is stocked with products (goods) to be redistributed to retailers, to wholesalers, or directly to consumers. A distribution center is a principal part, the order processing element, of the entire order fulfillment process. Distribution centers are usually thought of as being demand driven. A distribution center can also be called a warehouse, a DC, a fulfillment center, a cross-dock facility, a bulk break center, and a package handling center. The name by which the distribution center is known is commonly based on the purpose of the operation. For example, a "retail distribution center" normally distributes goods to retail stores, an "order fulfillment center" commonly distributes goods directly to consumers, and a cross-dock facility stores little or no product but distributes goods to other destinations. Distribution centers are the fo ...
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