AMERICAN MAGLEV TECHNOLOGY OF FLORIDA, INC.

AMERICAN MAGLEV TECHNOLOGY OF FLORIDA, INC. is a climate tech company in FERNANDINA BEACH, United States, founded in 2016. It has raised $5.1M across 4 rounds, most recently a $2.0M Grant in December 2021.

AMT, Inc.

Employees
1–10
Founded
2016
Business Model
B2G
Total Funding
$5.1M
Last Round
$2.0M GrantDec 2021
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds for this company. The full record is or through the API.

About

American Maglev Technology (AMT) is a small engineering company headquartered in Amelia Island (Fernandina Beach), Florida, focused on developing and commercializing advanced magnetic levitation (maglev) transportation and energy technologies. Founded in 1994, AMT's technology portfolio spans transit propulsion systems, solid-state braking, hydropower generation, and superconducting magnetic energy storage (SMES), targeting disruption of conventional industry standards in mass transit and energy. The company has developed zero-emission maglev transit systems demonstrated at a test track in Powder Springs, Georgia, and has pursued urban maglev corridor projects in markets including Orlando and Puerto Rico.

Summary

It lists 1–10 employees. It has raised $5.1M in total across 4 rounds, most recently a $2.0M Grant round in Dec 2021.

Tech & App Stack

1 technology or app tracked

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Funding History

Data from Indexed.vcUpdated
GrantSBIR Phase II (USN)Dec 2021
$2.0M

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Funding: Grant. Amounts, valuations, and investors where available.

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