Arrivo Corporation was a startup company in

Los Angeles, California Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

, that developed

maglev Maglev (derived from '' magnetic levitation'') is a system of rail transport whose rolling stock is levitated by electromagnets rather than rolled on wheels, eliminating rolling resistance. Compared to conventional railways, maglev trains h ...

rail. Arrivo initially attempted to commercialize a

hyperloop Hyperloop is a proposed high-speed transportation system for both passengers and freight. The concept was published by entrepreneur Elon Musk in a 2013 white paper, where the hyperloop was described as a transportation system using capsules supp ...

, 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 Denver International Airport , often referred to by locals as DIA, is an international airport in the Western United States, primarily serving metropolitan Denver, Colorado, as well as the greater Front Range Urban Corridor. At , Effective Ju ...

. On December 14, 2018, Arrivo reportedly shut down due to being unable to secure

Series A A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchan ...

funding.

History

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

Hyperloop One Hyperloop One, known as Virgin Hyperloop until November 2022, was an American transportation technology company that worked to commercialize high-speed travel utilizing the Hyperloop concept which was a variant of the vacuum train. The compan ...

. 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 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 Ai ...

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 Space Exploration Technologies Corp., commonly referred to as SpaceX, is an America, American space technology company headquartered at the SpaceX Starbase, Starbase development site in Starbase, Texas. Since its founding in 2002, the compa ...

References

{{Coord, 39.86163, -104.74913, display=inline,title 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