("ETran" or the "Company" or “we”), formally Elevated Transportation Systems, Inc., is a Texas based corporation, which was founded by an experienced business executive that created the ETran technology with the intention of developing it into a commercially viable product. The idea was founded in an effort to find a cost-effective transportation technology aimed at reducing the greenhouse gas (GH
G) emissions footprint produced by today’s mobility options. The characteristics for the concept required the vehicle to have the following characteristics in order to work: use electric power, be light, reach high speeds and be cost-effective in its construction and operation. is engaged in the development of an advanced public transportation system that will revolutionize mobility in and between urban areas, with a solution that substantially reduces construction costs and infrastructure disruption, while providing a green technology to a marketplace that can no longer bear the sky-rocketing operation and maintenance costs, infrastructure problems, and environmental degradation associated with existing technologies. This technology is based on a train-like vehicle that runs through multiple concrete stanchions mounted over concrete pedestals with minimal infrastructure between them (power cables or guiding rails could be needed in some instances), thus being basically non-invasive. Travelers all around the world demand solutions to their increasing and complex transportation and mobility needs. Many factors, such as increased congestion, overpopulated urban areas, environmental attrition, reduced availability of land, skyrocketing construction and maintenance costs, etc., make the development and operation of mass transportation systems a very complex and costly business. At the same time, social demand for reliable and affordable transportation systems is increasing at a rapid pace. The combined effects of the above-mentioned issues are placing cities and countries under tremendous pressure. ETran has developed a solution that involves low building costs with minimal infrastructure disruptions. Moreover, our highly innovative technology offers multiple economic, environmental and safety benefits. Ours is a State-of-the-Art transportation system for the 21st Century. The primary advantage of our system is its cost, which can be as much as 50% lower than that of other comparable high=speed or light rail systems. Our forward-thinking, light-high-speed rail system can be built in any high-density urban area, with lesser disruption to surrounding businesses and existing infrastructure. Reduced land usage minimizes the congestion and chaos associated with the development of so massive a project. It also reduces, in a very significant manner, the high quantities of steel and concrete required in today’s alternatives and therefore the costs associated with the construction of the project. This technology has a tremendous potential to relieve urban congestion, and also to provide a safe, convenient and affordable means of high-speed intercity and/or light/commuter transportation. ETran is getting considerable attention in the customer community with critical needs for the solution it offers. In the past years we have had several working meetings with US and Mexican Officials at the Federal, State and Local levels in order to implement our ETran Technology as soon as it its available. The meetings have been held with Congressmen, technical experts in transportation and infrastructure as well as business people. The positive feedback from all interested parties has convinced ETran management that the concept will find wide acceptance as soon as we can prove to our potential customers that the technology works through a full-working prototype. In 2016 the Center for Electromechanics at The University of Texas at Austin successfully completed Phase One of the feasibility study and concluded that "is their belief that the ETran system is technically feasible and merits further study". Study for which we already have an agreed Sponsored Research Agreement between the parties with a well-defined statement of work ready to be executed. Now, after working in the last two years on ETran’s intellectual property protection in the U.S. and abroad, it's time to move forward with the more challenging phase of this innovative transportation system. This phase's tasks are the design, development and implementation of a full-sized working prototype. The initial ETran development plan calls for funding over a period of up to three years in three phases corresponding to the three stages of development of its technology, from design to research and development to building a fully operational prototype. Etran’s vision of its first commercial installation consists of a transit system serving a major metropolitan area.
