Innovative green technologies being developed at LaunchPoint were the focus of a recent visit by U.S. Congresswoman Lois Capps, Representative of California’s 23rd District. Capps toured the offices on Wednesday, April 15, and met with employees to discuss Congressional efforts to provide more federal funding for research and innovation.
LaunchPoint Technologies Inc., a venture engineering firm with expertise in magnetic levitation (maglev), is currently involved in three venture-funded projects that could help reduce U.S. dependence on oil and, in turn, reduce air pollution and the production of greenhouse gases (GHGs).
These electricity-based green technologies include: a utility-scale energy-storage system; a maglev energy-storage flywheel, the Power Ring; and a maglev transportation system that is being developed in collaboration with Applied Levitation and Fastransit Inc.
According to Capps, “many of the challenges facing our country – in healthcare, energy, transportation – will be solved with smart engineering solutions like those being developed here on the South Coast by companies like LaunchPoint. These technological breakthroughs will also be a key factor in bringing about economic recovery.”
After a brief introduction to the company by Founder and CEO, Dr. Brad Paden, the LaunchPoint team showed Congresswoman Capps the full-scale maglev capsule and short demonstration track used to test the Stabilized Permanent Magnet (SPM) suspension used in the maglev transportation system. She was then given a short demonstration of the track switching and vehicle control technologies by Senior Systems Engineer, Geoff Long, and VP of Advanced Systems, Jim Fiske, who also serves as the CEO for Applied Levitation.
Fiske further discussed the flexibility of the patented maglev technology, pointing out its application for subway upgrades, personal and group rapid transit, as well as dock-side freight container transport in ports such as Los Angeles and Long Beach.
Commenting that the maglev transport system looked “futuristic”, Capps inquired whether it could be implemented in the near-term. Fiske confidently replied, “It is not futuristic—we have the technology now.”
Capps encouraged LaunchPoint to demonstrate the technology and to continue their communication with others in Washington, particularly in light of President Obama’s stimulus plan for high speed passenger rail service.
“I’m proud of the employees at LaunchPoint and will continue working to support small business growth and development," said Capps.