Arrivo
| Company type | Private |
|---|---|
| Industry | High-speed rail |
| Founded | 2016 |
| Defunct | 2018 |
| Headquarters | Los Angeles, California |
Key people | Brogan BamBrogan (Founder) |
| Website | www |
Arrivo Corporation was a startup headquartered in Los Angeles that specialized in developing maglev rail technologies. Originally focused on creating a hyperloop system, the company redirected its efforts in November 2017 towards more conventional transit solutions.
During that period, Arrivo unveiled plans for a maglev system capable of speeds up to 200 mph (322 km/h) in Colorado, designed to transport vehicles between Denver and Denver International Airport.
The organization terminated operations on December 14, 2018, due to an inability to obtain Series A investment.
History
Established in 2016 after its executive team departed from Hyperloop One, Arrivo resolved a related legal dispute. The company’s trademark emphasized its dedication to expert project evaluation within the transportation sector.
By mid-2017, founder Brogan BamBrogan indicated the company employed around twenty staff members. At that time, Arrivo was recognized as one of the leading three competitors in the hyperloop arena before ceasing hyperloop development later that year.
Colorado maglev project
Arrivo rented office facilities within an inactive toll plaza along E-470 in Commerce City, Colorado, with plans to hire forty engineers. The subsequent step involved constructing a half-mile maglev test track that omitted the evacuated tube feature central to Elon Musk’s original hyperloop concept. The state government provided $760,000 in tax incentives to encourage the company’s presence.
At a media briefing, BamBrogan detailed intentions for a system transporting cars from downtown Denver to the airport at rates comparable to toll roads, projecting a ten-year return on investment. The firm aimed to commence construction on its first commercial segment—from Aurora to the airport—in 2019, targeting an operational launch by 2021.
Technology
Arrivo described a vehicle sled designed for automobiles with other components likely resembling conventional maglev systems, excluding the vacuum tube technology. In March 2017, the firm asserted it would have a functioning hyperloop within three years. By November of that year, focus shifted away from vacuum tubes toward maglev rail innovations.
Funding
In 2017, Arrivo announced securing initial capital without revealing specific amounts or sources. Founder Brogan BamBrogan projected revenue-generating infrastructure projects within three years employing a traditional infrastructure business model. In July 2018, the company obtained a $1 billion credit facility from Genertec America.
Management
Brogan BamBrogan, previously founder and chief engineer at Hyperloop One and SpaceX, established Arrivo.
References
- Hyperloop
- Technology companies based in Greater Los Angeles
- Transportation in Aurora, Colorado
- Transportation companies based in California
- Transportation companies of the United States
- 2016 establishments in California
- 2018 disestablishments in California
- American companies established in 2016
- American companies disestablished in 2018
- Companies based in Los Angeles County, California