Belarusian-based transport solutions provider Unitsky String Technologies has completed the first stage of uSky cargo and passenger string rail transport system at its test facility in Sharjah, UAE.
The system is scheduled for commercial deployment in 2022 and is the first of its kind in the MENA region. It consists of unmanned electric rail vehicles designed to travel on a suspended string rail overpass at speeds of up to 150 km/h off the ground.
Investment in the design, construction, and certification of uSky's urban transport and freight facilities in the UAE has already totalled more than $14 million, the company said in a statement.
Unitsky has set plans to increase its portfolio to 10 projects by the end of 2022.
The first commercial uSky project will now transit from the “innovation” and “venture capital” stages to the “investment business” stage. In parallel, Unitsky will continue testing the sustainable transport solution prior to widespread deployment next year, the company said in a statement.
Anatoli Unitsky, Founder of Unitsky String Technologies and uSky Transport, said: “This is a key milestone in our development. By leveraging our cutting-edge, proprietary technology, we are demonstrating the agility, versatility and capabilities that our cost-efficient, elevated string rail technology can bring to destinations. Tailored to support both cargo and passenger logistics."
"uSky delivers high speeds and performance of transportation (up to 150 km/h and up to 50,000 passengers per hour) and can be established at a fraction of the cost to other solutions with a minimal ecological impact,” he added.
According to the company, the investment needed to fully deploy the technology platform with all transport infrastructure and other associated and related technologies equates to $580 million.
(Writing by Seban Scaria; editing by Anoop Menon)
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