TrakSafeT Wins Made in FredVA 2016
TrakSafeT, Inc. won the $10,000 Made in FredVA first prize Thursday night, Oct. 27, 2016.
TrakSafeT, Inc. focuses on minimizing collisions at grade-level railroad crossings, utilizing communication-based train control technology. It features a sensor and notification system, which notifies a train if an object — a car, for example — breaks the signal at the crossing. The company will use the prize money to begin production.
Anthony Worthey and his business partners Sherry Worthey, Tim Berry, Mick Schaller, and Thomas Stallworth were inspired to develop TrakSafeT after the 2015 crash in which a Metro-North train hit a SUV near Valhalla, New York, killing six people and injuring 15. The SUV had been caught inside the crossing gate
The $500 People’s Choice Award went to HapCast, a messaging application that allows businesses to post sales and events. Steve Labrador, Kris Carter, and Charlie Kaiman are the business partners.
There were five finalists selected from 20 entries for the fourth annual competition.
Made in FredVA is organized by the Next Generation of Business Leaders, a program of the Fredericksburg Regional Chamber of Commerce. Made in FredVA is patterned after ABC television’s popular show “Shark Tank.”
The prizes were made possible through sponsorships from the Stafford County Economic Development Authority, the Next Generation of Business Leaders, and Virginia Partners Bank.
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