Segway

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Headline: Dedicated to moving you

Website: http://www.segway.com/

Blog: http://www.segway.com/blog/

Segway Inc. develops intelligent motion control technology known as Segway® Smart Motion™ that is embedded in the light electric transportation devices it manufactures, such as the well-known Segway® Personal Transporter (PT). Segway Smart Motion provides intelligent motion control that enables a device to monitor its environment, control its motion and make decisions about how it should move....More»

Address: 14 Technology Drive Bedford, NH 03110 Map it »

Phone: 603-222-6000

Email: media@segway.com

Founded: 07/1999

Industry: Consumer & Business Products

Sub-Industry: Plane & Vehicles

Legal Structure: Corporation

Ownership: Private

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Management

Board of Directors

Date	Type	Capital Amount	Post-Money Valuation	Investors
04/2008	Series C	35M	Unknown	Masdar Clean Tech Fund, Kleiner Perkins Caufield & Byers, CSFB Private Equity, Duff, Ackerman & Goodrich

Name:	Segway PT
Product URL:	http://www.segway.com/individual/index.php
Date Launched:	01/2001
Description:	When Dean Kamen unveiled the Segway® Personal Transporter (PT) on ABC's Good Morning America, he described the machine as "the world's first self-balancing human transporter." When you look at the machine in motion, you get an idea of what he's talking about. Unlike a car, the Segway PT only has two wheels, yet it manages to stay upright by itself. To move forward or backward on the Segway PT, the rider just leans slightly forward or backward. To turn left or right, the rider simply moves the LeanSteer frame left or right. You get the sense of power and speed, yet you also feel a sense of safety and absolute control. It all feels natural, safe, and instinctive. The Segway PT can take you places that a car or bicycle can't - including inside many stores, office buildings, businesses, airports, elevators, and trains. Although they're ideal for short jaunts, Segway PTs can travel as far as 24 miles/38 km on a single battery charge, depending on terrain, payload, and riding style. (Source: Segway)
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Last Edit:

09/11/2008 02:40AM by TradeVibes

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User Opinions

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Bullish Opinions (3)	Author/Date
High gas prices will increase demand for the Segway Add Comment	tara 06/16/2008	100% 3 votes 3 0% 0
Steady stream of orders being announced by the company Add Comment	jillian_smith 06/04/2008	100% 6 votes 6 0% 0
It's a pretty revolutionary product Add Comment	ahmed 06/04/2008	100% 6 votes 6 0% 0

Bearish Opinions (5)	Author/Date	Do you agree?
Cool tech but top-heavy management; another WebVan? Add Comment	effica 06/24/2009		100% 1 vote 1 0% 0
Toyota may be rolling out a competitor 1 comment Add Comment	bartos 08/02/2008		100% 3 votes 3 0% 0
It's called the Winglet Personal Transporter	steve	08/02/2008
No hype left, nobody wants to pay $4500 for a scooter 1 comment Add Comment	steven 06/05/2008		50% 4 votes 2 50% 2
It's expensive for an individual, but many companies and government entities are buying	ating	06/06/2008
Almost $150 million of venture capital and $100 million in development costs sunk in already Add Comment	jillian_smith 06/04/2008		100% 4 votes 4 0% 0
Segways appear to be much less cool than they were a few years ago Add Comment	mkr2x 06/04/2008		100% 5 votes 5 0% 0