MAGP Stock Price, Chart, Stats & News

Magplane Technology, Inc.
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Magplane Technology, Inc. (MAGP) does not currently pay a dividend.
18,700
Market cap
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Current P/E
–
Forward P/E
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About
Industrials
Sector
Railroads
Industry
Magplane Technology, Inc. provides advanced magnetic solutions for the conveyance of both people and various goods. The company is innovating a magnetic system for transporting dry bulk materials, which aims to significantly diminish the environmental impact caused by haul roads and diesel trucks when moving resources from mining operations to railheads and port terminals. Furthermore, Magplane develops its proprietary Maglev system, a cutting-edge magnetic levitation technology designed for high-speed rail and light-rail transit networks.
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