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Argo (TSXV: ARGH) (OTCQX: ARGHF) has deployed its Argo School solution to four private schools in the Greater Toronto Area, marking its entry into the $32 billion North American transit market. The company's innovative technology offers real-time tracking of students and vehicles, enhancing safety and reliability in student transportation.
Argo plans to expand its services to more schools across Ontario, Canada, and internationally. The company is also set to partner with cities, transit agencies, and governments to increase public transit ridership. Additionally, Argo has completed the sale of 14,200 preferred shares in Westbrook Global Inc. for CAD$750,000, as part of its ongoing asset sale process.
Argo (TSXV: ARGH) (OTCQX: ARGHF) has announced plans to launch an innovative, vertically integrated city transit system. The company will partner with cities and governments to augment public transit with on-demand, door-to-door service. Argo's solution integrates custom software with vehicular hardware to create a network of intelligently routed vehicles that adapt to city needs in real-time.
The system aims to increase ridership on existing public transit by eliminating the need to walk or wait, potentially reducing cars on the road. Argo will soon launch in the greater Toronto area, offering first- and last-mile rides for commuters and private school programs. The company's leadership team includes former executives from Tesla, Uber, Facebook, and Sidewalk Labs.
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