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OLD DOMINION UNIVERSITY

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Presentation on theme: "OLD DOMINION UNIVERSITY"— Presentation transcript:

1 OLD DOMINION UNIVERSITY
MAGNETIC LEVITATION TRANSPORTATION DEMONSTRATION PROJECT

2 WHAT IS MAGLEV? Maglev Means MAGnetic LEVitation
Use Of Wheels Is Replaced By Magnetic Fields Maglev Vehicles Are Capable Of Much Higher Speeds And Acceleration No Moving Parts - Low O&M

3 WHY MAGLEV IS TRANSPORTATION FOR THE FUTURE

4 Who stands behind American Maglev?
Strategic Alliance of Partners American Maglev Technology Holds patents to the technology / site management Dominion - Virginia Power Provide power equipment and site power Lockheed Martin Design vehicles, guiderails, system controls, system integration, system tests Old Dominion University First Customer

5 Paradigm Shift- “This is not your father’s rail!”
Lower Cost per Mile Opens New Markets AMT is Optimized for Commuter Market Use existing median Dumb track with lightweight vehicles AMT Regional Rail High Speed

6 Mid Range Regional (150 km/hr)
The Market is Huge $2+Billion projected market in 2007 Capability High Speed (250 km/hr) $2B Mid Range Regional (150 km/hr) $1B Short Haul Regional (75 km/hr) Time

7 TECHNOLOGY APPROACHES
AMT Light Rail Foreign Maglev Propulsion in vehicle Propulsion in vehicle Propulsion in track Simple design Complex moving parts Complex & high cost Elevated guideway Must survive trucks Elevated guideway Acquisition: $20M/ mile >$40M/ mile >$60M/ mile O&M: Low High Medium

8 PROJECT HISTORY American Maglev Technology, Inc. (AMT) Forms Partnership With Lockheed Martin, Dominion Virginia Power (1997) Proposed System Deemed Viable (VDOT, CIT, Others ) AMT And University Reach Agreement (1999) Commonwealth Transportation Board Approves Loan And Agreement With University (2000) Maglev Demonstration Project Initiated (2001)

9 ODU PROJECT OBJECTIVES
Establish Maglev Systems As Feasible And Practical Provide Functional Transportation System For Old Dominion University Establish Old Dominion University As Leading Research University In Maglev Technology Qualify System For Use In Other Locations/Situations

10 PROJECT BUDGET $ 7,000,000 Commonwealth of Virginia Loan
$ 2,000,000 Federal Funds $ 7,000,000 Private Funds $16,000,000

11 MAGLEV ROUTE ON CAMPUS

12 A VIRTUAL RIDE THROUGH THE ODU CAMPUS

13

14 PROJECT SCHEDULE - INFRASTRUCTURE
Guideway Design Completed City & State Approvals Completed Station Design Completed Guideway Construction Completed Station Construction Underway

15 GUIDEWAY ON CAMPUS

16 GROUNDBREAKING CEREMONY AT OLD DOMINION UNIVERSITY August 29, 2001

17 PROJECT SCHEDULE Research & Development
Opening Of Development/ Test Facility Complete Completion Of Vehicle October, 2001 Assembled Vehicle Testing October, May, 2002 Delivery Of Vehicle To Norfolk Late June, 2002 System Operational (DEP) Late 2004

18 VIRTUAL PRESENTATION OF PROPOSED SYSTEM COMPONENTS

19 WELCOME TO EDGEWATER TEST FACILITY

20 The American MAGLEV Solution
Transportation that is- Fast Frequent Flexible

21 Maglev Technology Roadmap
2003 2004 2005 2006 2007 2008 Key Tasks M J J A S O N D J F M A M J J A S O N D 40-80 MPH System Prod Vehicle/Controls Prod. Track (40-150MPH) Production Guideway Curvature Validation Obstacle & Collision Avoid Switches Test Facilities & Equip MPH System High Speed Vehicle Aerodyn High Speed Vehicle/Controls High Speed Coll/Obst Avoid High Speed Switching Total Ergonomics Passenger Service Seamless Baggage Handling O&M Systems 250 MPH System Propulsion & Power Pickup Superspeed Vehicle Aerodyn Superspeed Veh/Controls Superspeed Track Superspeed Coll/Obst Avoid Superspeed Switching Test Facility & Equip Dev Comp Qual Comp Dev & Sim Fab Test Concept Dev Fab & Ins Test Dev Sim Test Dev & Sim Fab Test Dev & Sim Fab Test Upgrade Dev Comp Qual Comp Dev Test Dev & Sim Fab Test Dev & Sim Fab Test Dev & Sim Fab Test Concept P Dev F Dev, Fab, Install Concept P Dev F Dev Test Concept P Dev F Dev Test Wind Tunnel Test Concept P Dev F Dev Test Upgrade Qualt Comp Dev Comp Concept Dev Fab Test Dev Test Dev & Sim Fab Test Dev Fab & Ins Test Dev & Sim Fab Test Dev & Sim Fab Test Concept P Des Fab Design Test Upgrade MP

22 LONG TERM POTENTIAL FOR MAGLEV … A World Market
According To Argonne National Laboratory, The US Needs 13,000 Miles Of High Speed Intercity System Within 20 Years (a $300 Billion Market) FRA Has Selected 9 Routes that Are Deemed “Financially Feasible” ($95 Billion) Estimates Are For 2-3 Miles Of Urban And Regional System Every Mile Of High-Speed System World-wide Market Will Be Vast!

23 AMT Market Space AMT plans to be 30% of $2 billion market in 2008
Advanced technology induces demand and accelerates new projects. Lower cost per mile opens up new markets.

24 Financials 2004 2005 2006 2007 2008 Revenue ($M) $48 $200 $456 $541
$596 Net Income ($M) $5 $29 $66 $73 $79 Miles under deployment 3 26 49 69 89

25 HIGH SPEED DEPLOYMENT Virginia’s Maglev Technology
National Initiative Starting In Virginia To Deploy Next Generation Transportation Technology And Create A Whole New Industry. AMT Team Submits “Virginia Initiative” To Provide Service From Washington To Jamestown By The 400th Anniversary. Letters Of Support Received From MPO’s Along Proposed Route Hampton Roads, Richmond, Fredericksburg, Wash. Metro Area Process Dates: Dec ’03 - Studies Completed June ’04 - Development Starts

26 WASHINGTON-RICHMOND-HAMPTON ROADS
The ODU Project Was Envisioned As The “Test Case” For This Project. Phase 1 Is $1.5B. VA Legislature Made This Maglev Project A “State Priority” In This Year’s Budget. Financial Studies Indicate That Washington To Richmond Is Financially Feasible Now. High Focus On 400th Anniversary Celebration.

27 IT IS ALL ABOUT THE COST The Technology Can Be Deployed For An “All Up” Cost Of Under $20 Million Per Kilometer The Technology Is Ready Now For New Transit Deployments A Realistic Plan Has Been Developed To Grow The Technology To Higher Speeds And More Complex Operation

28 OLD DOMINION UNIVERSITY
MAGNETIC LEVITATION TRANSPORTATION DEMONSTRATION PROJECT


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