Nevomo and the EIC Accelerator: Maglev Trains, Freight Pilots
Nevomo began in 2017 as Hyper Poland, a university spin-off from a student team that entered SpaceX's hyperloop pod competition. In 2020 it renamed itself Nevomo. Its product is MagRail: magnetic levitation equipment fitted to existing railway lines, so that conventional and maglev trains could share the track. Its EIC project promised to lift speeds from 160 km/h to 330 km/h on conventional lines and from 330 km/h to 550 km/h on high-speed lines.
The European Innovation Council granted €2,499,999 towards a €9.8 million project from December 2022 to October 2025. In September 2023 a two-tonne MagRail test vehicle reached 135 km/h on a 700-metre track in Nowa Sarzyna, according to EIT InnoEnergy, which said Nevomo would start commercialising a freight version in 2024. Since then Nevomo's announcements have been about the MagRail Booster, which moves freight wagons automatically with linear motors: a pilot at ArcelorMittal's Bremen steelworks, and memoranda with India's Texmaco and DP World.
Company file
- Legal entity
- Nevomo Poland sp. z o.o. (formerly Hyper Poland), KRS 0000674695, Warsaw
- Registered
- April 2017
- Product
- MagRail and MagRail Booster
- Earlier funding
- PLN 16.5M from Poland's research agency; PLN 3.7M from crowdfunding; EIT InnoEnergy
- Pilots
- BREMAG, Bremen; Kandla port, India (agreed)
- EIC project
- MagRail, 1 Dec 2022 to 31 Oct 2025, closed
- EIC funding
- Grant first
Where Nevomo Stands Now
In December 2024 Nevomo, Hansebahn Bremen, Captrain Deutschland and ArcelorMittal Bremen started BREMAG, a three-year, €6 million project funded by the German transport ministry to automate the movement of steel-coil wagons inside the Bremen plant. In 2025 Nevomo signed a memorandum with Texmaco Rail & Engineering and agreed with DP World and the Deendayal Port Authority to build a 750-metre MagRail Booster pilot track at Kandla port in India. No passenger maglev project has been announced.
The record
From a hyperloop student team to freight pilots
Nevomo promised magnetic levitation on existing tracks at up to 550 km/h. Its test vehicle reached 135 km/h in 2023; its commercial work is now freight pilots and memoranda.
- Apr 2017Founded as Hyper PolandStudent hyperloop team spin-off, Warsaw
- 2020Renamed NevomoFocus on MagRail for existing tracks
- Mar 2022EIC Accelerator cut-offMagRail: levitating trains on conventional tracksgrant first
- Dec 2022EIC project starts€9.8M project€2.50M grant
- Sep 2023Test run135 km/h on a 700 m test track in Nowa Sarzyna
- Dec 2024BREMAG pilotAutomated steel-coil wagons in Bremen, €6M German-funded
- Feb 2025Texmaco MoUIndia
- Oct 2025EIC project ends; DP World deal750 m pilot track at Kandla port agreed
Wikipedia, EIT InnoEnergy, Nevomo and CORDIS.
The Technology: Levitation on an Ordinary Track
MagRail adds magnetic components between the rails so that a vehicle can levitate and be driven by a linear motor while conventional trains still use the same line. In the 2023 test the vehicle began levitating at just over 70 km/h. A 2024 Oliver Wyman report on MagRail, published by Nevomo, claimed MagRail could deliver high-speed service for €20 billion against €60 billion for conventional high-speed rail; it is a study, not a deployment.
The promise
Speeds promised against the speed tested
Target speeds from the EIC project objective; the tested speed was reached on Nevomo's 700 m test track in September 2023.
CORDIS project 190137459; EIT InnoEnergy, September 2023.
What the EIC Project Promised, and What CORDIS Shows
The EIC project
The EU paid 25% of a €9.8M project
MagRail ran from December 2022 to October 2025. Only the first report period, to February 2024, is published.
CORDIS project 190137459. Values in € millions.
The only published report, to February 2024, describes a track design covering straight sections, curves and turnouts, conventional vehicles retrofitted for the MagRail Booster, and the manufacture of magnetic components. No report covers the final 20 months. The promise of 330 km/h to 550 km/h on existing lines has not been tested; the only public speed is 135 km/h.
- Track and switch designDeliveredPer 2024 report.
- Freight Booster retrofitPilotingBremen, India agreed.
- 330 to 550 km/hNot shown135 km/h tested.
- Final resultsNot publishedNo final report.
The Money
Nevomo Poland's filed accounts, published by BizRaport, show operating revenue of PLN 473,401 in 2024 and a net loss of PLN 878,438, after losses of PLN 4.75 million in 2022 and PLN 1.17 million in 2023. Its total assets were PLN 51 million at the end of 2024, and its equity turned from minus PLN 7.6 million to plus PLN 9.6 million that year. The company paid 75% of the €9.8 million project itself.
The accounts
Nevomo Poland: small revenue, steady losses
PLN thousands, Nevomo Poland sp. z o.o. only. Revenue includes other operating income; operating revenue in 2024 was PLN 473k.
BizRaport, Nevomo Poland sp. z o.o. (KRS 0000674695).
What Cannot Be Checked
Questions for the EIC
What the project achieved in its final 20 months, what speeds were reached after 2023, how the €7.3 million own contribution was financed, and whether any MagRail Booster is in paid commercial use are not public.
Why Europe Should Care
The EIC funded a vision of 550 km/h trains on Europe's existing railways. What exists four years later is a 700-metre test track, a German-funded freight pilot in a steelworks and agreements in India.
What the project promised
Levitating trains on conventional tracks at 330 km/h, and 550 km/h on high-speed lines.
What the record shows
A 135 km/h test in 2023, freight automation pilots, and a company with little revenue.
The Verdict
From 550 km/h to freight yards
Nevomo's work has narrowed to the MagRail Booster, which moves freight wagons without locomotives and which the project also developed. No test of the high speeds that headlined its EIC pitch has been made public.
Nevomo and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
Industry
Mobility and transportRail and guided transport
- Focus
- Maglev and hyperloop
- Technologies
- Magnetic levitation
- Electric motors
- Keywords
- Rail freight
- Existing rail lines
- High-speed rail
- Port logistics