About
AutoMate has developed a system that combines the benefits of mass transportation with the convenience and privacy of a personal car. The passenger cockpit is attached to a a four-wheeled chassis in car mode, but then separates from the chassis before connecting to an overhead transport system. According to AutoMate, the system could reduce door-to-door travel time by 50% to 80% during rush hour. Compared to using a private car, the AutoMate system could use up to 50% less energy to reach the same destination. The system would require only modest modifications to existing infrastructure, thus reducing the initial investment required to get the system up and running. Estimated annual user expenses would be equal to or less than the expense of driving a standard car.
Company Intelligence Q&A
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- What is AutoMate's primary business and core technology?
- AutoMate has developed a system that combines mass transportation with the convenience and privacy of a personal car. Its core technology involves a passenger cockpit that attaches to a four-wheeled chassis for car mode and then separates to connect to an overhead transport system.
- When was AutoMate founded and where is its headquarters located?
- AutoMate was founded in March 2009 and is headquartered in Zikhron Ya'akov, Israel.
- What is the current operational status of AutoMate?
- AutoMate is currently inactive, with its status recorded as 'Non Active' as of December 2014.
- How many employees does AutoMate have?
- AutoMate has 13 employees, falling into the 11-50 employee bucket.
- What is AutoMate's current funding stage?
- AutoMate is currently in the Pre-Funding stage and has not raised any capital according to startupim data.
- Who is a key founder of AutoMate?
- Netanel Goldberg is a founder of AutoMate.
- What are the claimed benefits of AutoMate's system regarding travel time and energy consumption?
- AutoMate claims its system could reduce door-to-door travel time by 50% to 80% during rush hour and use up to 50% less energy compared to a private car for the same destination.
- What modifications are required for AutoMate's system to operate?
- The AutoMate system would require only modest modifications to existing infrastructure, aiming to reduce initial investment costs.