Announcing Our 2024 Finalists

WHY: Transportation is the master key to survival. A new mode of transportation (independent of diminishing fossil energy) is necessary to achieving an environmentally sustainable yet thriving economy in an urbanized world.

WHAT: ET3™ is literally ‘Space Travel on Earth,’ a global transportation system that is silent, low cost, fast, secure, safe, and environmentally friendly.

HOW: ET3 utilizes automobile sized capsules weighting 400lb empty that carry 6 persons or 800 lbs of cargo. The magnetically levitated capsules operate in two-way networks of 5' diameter tubes. Air is permanently removed from the sealed tubes to eliminate drag force. The use of portal airlocks allows capsule transfers without admitting air. The pressurized capsules are accelerated by linear electric motors; then they merge into the flow of capsules where they coast without using significant additional power. The system is automated. Full speed passive switching enables non-stop operation and enroute destination changes. Upon switching to an off-line portal access branch, the capsules decelerate with a linear generator that recovers acceleration energy.

VALUES: ET3 requires 1/30th of the materials of high speed rail, so construction costs a tenth as much. A pair of ET3 tubes at 350mph can exceed the capacity of a 40-lane freeway at half the cost of 4 lanes. ET3 capacity scales with design velocity. ET3 can provide 50 times more transportation per kWh than electric cars or trains, yet operates at 400mph domestic, to 4000mph international.

ET3 can also transport energy. ET3 eliminates risk of human error, mechanical failure, weather risks, and errant vehicles (since ET3 is automated, and the travel path is isolated).

THE COMPANY ET3: is the industry leader in all phases of ET3 technology. The company uses an open consortium business model to share information resulting in cooperative benefits.

Readiness: Billions of dollars worth of technology, hardware, production capacity and materials necessary to implement ET3 already exist.

Structure: The ET3 company (consortium model) shares it's patented IP with others by granting non-exclusive licenses to participants who agree to use the technology in a reciprocal manner with the company and other licensees.

Goal: The consortium model provides a market to maximize the profit potential for licensees and investors by leveraging existing talent and assets to: implement, manage and improve ET3 technology; thereby creating huge new markets for existing capacities.

HISTORY:
1910 Robert Goddard designed rockets and airless tube travel systems.
1970s Swissmetro and Rand studies of maglev trains in reduced pressure tunnels.
1985 Daryl Oster conceived ET3.
1997 company formed in Florida.
1999 First patent (US-5,950,543).
2002 &2005 ETT-HTSM technology exchange at SWJTU in China.
2005 –2011 ET3 consortium grows to 120 individuals, companies, and institutions in 9 countries.
2011 ET3 wins DaVinci Institute commercial product of the year award (NO CASH AWARD, the $500 value membership prize offset by $510 entry fees for no monetary gain).

FUTURE:
2yrs- a 3 mile demo at 375mph.
5yrs- 300 mile system connecting major cities.
10yrs- national networks.
20yrs- global ET3 network displacing up to 90% of global transportation.