ET3 Global Alliance

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ET3 Global Alliance Inc.
Industry Public transport
Founder Daryl Oster
Headquarters Longmont, Colorado (United States).
Area served
Key people
Products Evacuated Tube Transport (ETT)

ET3 Global Alliance is an American open consortium of licensees dedicated to global implementation of Evacuated Tube Transport (ETT). It was founded by Daryl Oster in 1997 with the goal of establishing a global transportation system utilizing car sized passenger capsules traveling in 1.5m (5') diameter tubes on frictionless maglev.

Oster claims that the ET3 system will be able to provide 50 times the amount of transportation per kilowatt-hour compared with electric cars and electric trains, costing only 20 cents worth of electrical energy to get up to 350 mph.[1] ET3 claims that initial systems would travel at the speed of 600 km/h (370 mph) for in state trips, and later will be developed to 6,500 km/h (4,000 mph, hypersonic speed) for international travel that will allow passenger or cargo travel from New York to Beijing in 2 hours. The initial proof of concept system could be built in as little 3 years for operational transport.

ET3 is an IP company that filed two new patents in 2014. Individuals can buy a license for a one-time fee of $100 while institutes or companies can buy a license for $500. An individual, billionaire, multinational or a consortium that wants to build ET3 can only do so with a license in good standing. For any trajectory they build, they retain 94% of the revenues.

By 2007, Dr. Yaoping Zhang from Southwest Jiaotong University began promoting ETT as "evolutionary transportation".[2]

As of 2015, more than 371 licenses have been sold in 22 different countries, including China, where ET3 claims that more than a dozen licenses have been sold.[3] Oster and his team met with Tesla Motors/SpaceX CEO Elon Musk in late July, 2013, to discuss the technology,[4] resulting in Musk promising an investment in a 3 mi (4.8 km) prototype of ET3's design.[5]

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