Greetings! I am thrilled to report that PRT is tipping. Praetor Capital has researched the personal rapid transit (PRT) market and found an advanced global project pipeline of $82 bn of which they expect $14 bn to successfully close. 13 projects comprising 240 km of track are contracted or already under construction. In addition, there are 4 projects under bid in India totaling ~206 km. Together these constitute ~$3.7 bn of transportation infrastructure CAPEX and an estimated $210 million of operating profit for early-stage PRT firms. They conclude PRT is a potential $31 – 58 bn investment gain opportunity, representing shareholder returns of several thousand percent.

Praetor Capital finds the PRT markets to be so large and adding so much growth every year that they are effectively limitless for early-stage firms. Hundreds of system opportunities p.a. is more than sufficient for 10 – 12 firms globally. There is sufficient demand to support several competitors per region in a global market where the developing world is the sweet spot.

With all of those relatively large projects, my concern is that the first few be successful. If so, I believe we will see many more.

As always, enjoy reading!

Best regards,

Peter Muller, ATRA President

Praetor has held discussions with the most active PRT CEOs to develop the perspectives of the research, (this document is an Executive Summary of the 50-page Praetor Capital report) including the estimate of the Advanced PRT Project Pipeline and Expected to Close Pipeline, indicated in Figure 5.

...Significantly, days after announcing the demerger, RIL increased its stake in US-based skyTran to 54.46 per cent. skyTran develops transport solutions via pod taxis. Connecting the dots, it appears Ambani may go global with his new energy and new materials, and eco-friendly transport initiatives. 

We have a vision for technological innovation that will improve the quality of life and mobility for property owners in and around the world’s busiest airport, Hartsfield-Jackson Atlanta International Airport. One cutting-edge solution for mobility is the use of Personal Rapid Transit (PRT). This is a safe, cost-effective mode of transportation using small modes called podcars, that are used to transport passengers between designated locations. When compared to other modes of transportation PRT is most the affordable and adaptable. 

Noida, India (Urban Transport News): The Yamuna Expressway Industrial Development Authority (YEIDA) on 18th March 2021 appointed Indian Port Rail and Ropeway Corporation Limited (IPRCL) as a DPR consultant to work on a R300 crore pod taxi project that will connect he Film City with the Noida International Airport at Jewar.

Some creative designs have been selected as possible solutions for the Cambridgeshire Autonomous Metro (CAM) that mayor James Palmer hopes to bring to the region

Three options that the Combined Authority leader described as “truly groundbreaking” were unveiled this week.

What carries more people? A commuter train with as many as 1,000 seats or a futuristic Autonomous Vehicle Transit (AVT) pod with eight? If one is to believe the newest study of the Dumbarton Rail Corridor, presented to the public this week, it’s the pod.

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Mukesh Ambani, 63, the richest Indian and chairman and managing director of the country’s largest company, Reliance Industries, is betting big on SkyTran, a US-based tech company that has developed a high-speed and economical personal rapid transit system.

The PRT-Personal Rapid Transit will connect the northern and southern areas of the national capital region with Jewar which recently finalised the nomenclature of the greenfield airport as Noida International Airport.

Reliance Industries Ltd (RIL) has more than doubled its stake in US-based SkyTran Inc., underscoring the oil-to-retail conglomerate’s ambitious plans for eco-friendly transportation systems.