Intramotev
Canvas Category Machinery : Field Robot : Rail
Right now, countless tons of freight are stuck on choked highways across the nation, causing 433 million tons of carbon emissions from trucks annually. The average American sits in traffic for 8 working days of their year, and almost a million freight railcars sit idle every day in switching yards. It’s time to set freight free. Not in ten years. Not in theoretical models. But tomorrow and on the safest, cleanest system we already have - by bringing American independent and autonomous thinking back to our rail network. We must shift the $10.3 trillion of goods trucked from our roads to our rails, saving lives, bringing industrial revitalization, and reducing the environmental impact of trucking that comprises over a quarter of our national transportation emissions. We are ready. Ready to deploy a fleet of TugVolt self-propelled battery-electric railcars that can move independently like a truck. Deploying now in captive, point-to-point use cases, then rapidly expanding to the existing network of 140,000 miles of existing track without additional infrastructure. Ready to bring the packetization that makes the internet hum to freight logistics. Ready to build on the legacy of our nation’s transportation strength right here in St. Louis, the gateway from East to West in the US.
Assembly Line
Railcar startup Intramotev raises $14M
Intramotev closed a $14 million Series A round for battery-powered autonomous railcars, the company tells Axios.
Why it matters: Rail has been an overlooked area for tech innovation, but electric and autonomous technologies could help the rail sector cut diesel use.
How it works: Rail customers buy the railcars as a retrofit to existing trains, and also get the accompanying software, sensors and interfaces.
Intramotev Receives $200,000 Grant from Michigan's Office of Future Mobility and Electrification to Accelerate Autonomous Railcar Tech
Intramotev, a pioneering technology company focused on developing autonomous, zero-emission rail solutions, has been awarded a $200,000 grant from Michigan’s Office of Future Mobility and Electrification to support the deployment of three of its TugVolt self-propelled railcars at a mining site in the Upper Peninsula of Michigan in late 2023.
This civic investment will catalyze the first deployment anywhere in the world of self-propelled, battery-electric railcars for commercial use in a freight rail operation. It will also begin to fulfill the company’s goal that initial applications of its technology will include captive routes between mines and processing facilities, as well as intra-plant and ports.
🚃 Missouri start-up gets $200,000 grant to accelerate US autonomous railcar technology
Intramotev, a Missouri based technology startup working on developing autonomous, zero-emission rail solutions, has been awarded a $200,000 grant from Michigan’s Office of Future Mobility and Electrification to support the deployment of three of its TugVolt self-propelled railcars at a mining site in the Upper Peninsula of Michigan in late 2023.
The civic investment will catalyze the first deployment anywhere in the world of self-propelled, battery-electric railcars for commercial use in a freight rail operation, Intramotev said, adding that it will also begin to fulfill the company’s goal that initial applications of its technology will include captive routes between mines and processing facilities, as well as intra-plant and ports.
Intramotev Receives Investment From Idealab X to Accelerate Development of Autonomous and Zero-Emissions Freight Rail Technologies
Intramotev, a technology company developing autonomous zero-emissions rail solutions, announced that it has closed investment from Idealab X, the early stage venture capital fund. The infusion of capital will accelerate the development of Intramotev’s commercial demonstration vehicle and proprietary rail autonomy software. The technology has promise to disrupt traditional rail as well as applications within mining, ports, and intermodal freight movement.
Allen Morgan, a storied investor with 40-years of investing in successful Silicon Valley startups and member of the Idealab Studio board of directors, will join the Intramotev board. Casey Cathcart, founder and CEO of Cathcart Rail, a leading freight rail services and transportation company that employs 800 people nationwide, has joined Intramotev as a strategic advisor.