Arrivo Corporation was a startup company in

Los Angeles, California Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

that developed

maglev Maglev (derived from '' magnetic levitation''), is a system of train transportation that uses two sets of electromagnets: one set to repel and push the train up off the track, and another set to move the elevated train ahead, taking advantage ...

rail. Arrivo initially attempted to commercialize a

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 compri ...

, but abandoned the effort in November 2017 in favor of established transit technologies. In November 2017, Arrivo proposed a plan for a 200 mph (322 km/h) maglev system in Colorado that would transport automobiles to and from Denver International Airport. On December 14, 2018, Arrivo reportedly shut down due to being unable to secure

Series A A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exc ...

funding.

History

Arrivo was founded in 2016, after an acrimonious departure of most of Arrivo's management team from

Hyperloop One Hyperloop One (known from October 2017 to November 2022 as Virgin Hyperloop or Virgin Hyperloop One) is an American transportation technology company that works to commercialize the high-speed travel concept called the Hyperloop, a variant of t ...

. A resulting lawsuit was settled. The company's trademark application described its mission as: "Financial advisory and consultancy services namely, provide expert project analysis in the field of transportation." In a June 2017 interview, founder BamBrogan reported the company had twenty employees. Three months before it ended hyperloop development, ''USA Today'' reported Arrivo as one of three top contenders in the hyperloop field.

Colorado maglev project

Arrivo has agreed to lease offices in an unused toll plaza on

E-470 E-470 is a controlled-access toll road that traverses the eastern portion of the Denver metropolitan area in the US state of Colorado. It is the eastern half of the 470 beltway that serves Meridian, Parker, Aurora, Denver International Airpor ...

in Commerce City, Colorado, intending to employ forty engineers. The second phase would have been the erection of a half-mile maglev test track, but not the evacuated tube that was a big part of Elon Musk's original

proposal. The state has offered $760,000 in tax incentives to lure Arrivo. At a press conference, Brogan BamBrogan described a system that would move automobiles from downtown Denver to the airport at the same price as the tolls on Pena Boulevard, the airport highway. It would, he said, have a payback period of ten years. The company planned to break ground on the first commercial leg, from Aurora to the airport, in 2019, with an opening in 2021.

Technology

The company has described a sled for automobiles; other elements of the technology with the exception of the tube and vacuum are likely to be similar to maglev. In March 2017 the company claimed it could have an operational hyperloop within three years. In November 2017, the company announced that it was no longer developing vacuum tubes and was focused on maglev rail technology.

Funding

In 2017, Arrivo said it had "'initial funding in place,' but did not reveal how much capital it had secured or the source of financial support." BamBrogan expected revenue-generating projects within three years, with a "classic infrastructure model". In July 2018, it announced that it had received $1 billion credit from Genertec America.

Management

The lead founder of Arrivo is Brogan BamBrogan, formerly founder and chief engineer at

and SpaceX.

References

{{Coord, 39.86163, -104.74913, display=inline,title Hyperloop Technology companies based in Greater Los Angeles Transportation in Aurora, Colorado