Cargolifter AG i.I. (delisted)
CargoLifter AG english
Cooperation with American firm MAGLEV, Inc.
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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CargoLifter AG and the American firm MAGLEV, Inc. have strengthened their
cooperation, which has been in effect since June 2000, by means of performing
an equity exchange worth $500,000 US. The MAGLEV partnership will carry out the
magnetic elevated railway project known as “The Pennsylvania Project”.
CargoLifter lighter-than-air (LTA) vehicles will be engaged in the construction
of the high-speed transportation system in Pittsburgh. The CL 75 AirCrane
transportation balloon is particularly suitable for this application. The
prototype of the CL 75 AirCrane has been built near Berlin in Brand and is
currently undergoing tests both inside and outside of the hangar. This
transportation system will be put into commercial use in the coming 2002 / 2003
business year.
CargoLifter AG, along with eight other companies, is the only European company
in an American consortium, formed for the purpose of building the magnetic
elevated railway project. At the same time, CargoLifter AG is the logistic
partner for the project known as “Transrapid”, which is intended to be
implemented in the US.
end of ad-hoc-announcement (c)DGAP 15.11.2001
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WKN: 540261; Index: MDAX
Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, Hannover, München und Stuttgart
151738 Nov 01
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