Magplane Technology, Inc. (MAGP)
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MAGP Company Profile
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Sector
Industrials
Industry
Railroads
IPO Date
14 Sept 2009
Employees
—
Website
https://www.magplane.comCEO
D. Bruce Montgomery
Description
Magplane Technology, Inc. provides magnetic technology for transporting people and goods. The company develops magnetic dry bulk materials transport application to reduce pollution from haul roads and diesel trucks used in transporting material from mining operations to rail heads and port terminals. It also develops the Magplane Maglev system, a magnetic levitation transportation system for high-speed trains and light-rail transit systems. The company was founded in 1995 and is headquartered in Hampton, New Hampshire.
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