American Maglev Technology

American Maglev Technology was founded in 1994. In the mid 1990s, they had a location and test track in Volusia County, Florida that they later abandoned around 2002. Before building the Old Dominion University maglev in 2001, they previously pitched the idea of a maglev system to Virginia Tech and Virginia Beach but later settled on Old Dominion University (ODU) due to the short length of the track required.{{Cite web |last=Witt |first=Will |date=2022-11-15 |title=Twenty One Years Later, the Ghost of ODU's Monorail Remains |url=https://maceandcrown.com/2924/news/twenty-one-years-later-the-ghost-of-odus-monorail-remains/ |access-date=2024-01-14 |website=Mace & Crown}} After failing to get the ODU maglev operational, they departed the project sometime around 2003. The company built their test track at Powder Springs, Georgia in 2006. AMT was reportedly trying to land contracts in Pakistan around 2007. In 2012, AMT pitched a maglev route to connect key destinations in Orlando, Florida.{{Cite web |last=Davies |first=Alex |date=2012-12-19 |title=Here's How Florida Could Build A Floating Train That Is Actually Profitable |url=https://www.businessinsider.com/orlando-building-mag-lev-train-2012-12 |access-date=2024-01-14 |website=Business Insider |language=en-US}} They also pitched a similar route connecting destinations to Port Canaveral, Florida in 2015. The company's business license was revoked by Georgia in 2019. In 2021, it was announced that they had moved to Florida and were working on developing novel cooling solutions for United States military aircraft together with another company named CFoam.

This is a list of all the maglev lines that were proposed by the company but ended up not being built.

• Orlando International Airport to Orange County Convention Center in Florida{{Cite web |last=Dukes |first=Amanda |date=2014-05-21 |title=FDOT approves plan for magnetic train in Orlando |url=https://www.wesh.com/article/fdot-approves-plan-for-magnetic-train-in-orlando/4433869 |access-date=2024-01-14 |website=WESH |language=en}}{{Cite web |last=Richardson |first=Matthew |date=2014-06-13 |title=On track: American Maglev reveals details on 6 proposed Orlando stations |url=https://www.bizjournals.com/orlando/news/2014/06/13/on-track-american-maglev-reveals-details-on-6.html |access-date=2024-01-14 |website=Orlando Business Journal}}
• Port Canaveral to Port Cove Retail Area in Florida
• Georgia State Station to Turner Field in Georgia
• Cobb County to Perimeter Mall in Georgia
• Virginia Beach, Virginia
• Virginia Tech

American Maglev Technology has faced criticism for its failure to get the maglev system at ODU operational. Concerns were raised towards using up a budget of $16 million,{{Cite web |last=Patton |first=Zach |date=2018-12-21 |title=Behind the Lens: A $16 Million Flop |url=https://www.governing.com/archive/gov-maglev-train-old-dominion-university.html |access-date=2024-01-14 |website=Governing |language=en}} $7 million of that being a loan from the state of Virginia that went unpaid. AMT also faced criticism for closing its test track in Florida, resulting in the loss of jobs there, and for failing to pay contractors for work on the ODU maglev in 2002, resulting in lawsuits that were eventually settled.{{Cite news |date=2004-04-18 |title=ODU's stop-and-start maglev project back on track |url=https://virginiachronicle.com/?a=d&d=SNH20040418.1.13&e=-------en-20--1--txt-txIN-------- |access-date=2024-01-14 |work=Suffolk News-Herald |pages=13 |volume=75 |issue=94}}

{{reflist}}

• [http://american-maglev.com/ American Maglev Technology's website]

Category:1994 establishments in Florida

Category:Maglev

Category:American companies established in 1994