RAILRENEW
Taking Rail in New Directions
Innovative Design
Reclaiming History
Restoring what was lost
Each year railroads reinvest billions of dollars maintaining their infrastructure. On average the industry replaces 3% of the 140,000 plus track miles in the U.S. Costing around 200 dollars a foot to replace worn rail, the market is an enormous 4.4 billion annually. When you factor in municipal passenger rail and freight service interruptions the expense grows north of 10B.
"Having been the recipient of the “National Medal of Technology", and in charge of “GE" Global Research Lab for several years, I give Robert and his team an “A" for practical innovation and technology analysis. I have overseen hundreds of patents on a global scale and I believe that this process has the potential to be extremely market disruptive, domestically as well as globally."
Walter Robb, head of GE global research, author and recipient of the “National Medal of Technology.”