Argo Named to Fast Company's 2025 World Changing Ideas List for Smart Routing™ Transit Platform
TORONTO, June 11, 2025 /CNW/ - Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF) (" Argo" or the " Company"), a leader in next-generation transit solutions, announced today that it was named a winner of Fast Company's 2025 World Changing Ideas Awards. This annual recognition honours bold and transformative efforts that tackle the world's most pressing challenges. Argo was recognized for its Smart Routing™ transit platform that aims to revolutionize how cities move people while addressing critical climate, equity, and accessibility challenges.
Fast Company selected Argo as a winner from over 1500 initiatives worldwide, highlighting the Company's innovative approach to solving one of urbanization's greatest challenges: providing effective mobility for billions of people in rapidly growing cities while reducing emissions and improving quality of life.
"The World Changing Ideas Awards have always been about showcasing the art of the possible," says Fast Company editor-in-chief Brendan Vaughan. "We're proud to recognize the organizations and leaders that are making meaningful progress on the biggest issues of our time."
"We launched Argo one year ago today with a vision to solve one of the world's most urgent challenges: modernizing public transit so it's as convenient as driving, but accessible to everyone," said Praveen Arichandran, CEO and co-founder of Argo. "We're proud to be showcasing Canadian innovation on a global stage, starting in the town of Bradford West Gwillimbury and soon expanding to Brampton. This recognition by Fast Company affirms our belief that the next generation of globally ambitious companies can be built right here in Ontario."
In conjunction with this award, Arichandran was also named to Fast Company's Impact Council, a collective of the most innovative leaders in business.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.
About Argo
Founded in June 2024, Argo delivers the world's first fully vertically integrated transit system, combining proprietary Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management in a single end-to-end solution. By integrating every aspect of the transit experience, Argo enables municipalities to enhance their existing transit networks with dynamically optimized services that aim to deliver substantially better efficiency, coverage, and rider satisfaction, all while maintaining standard public transit pricing. The company launched Argo School in September 2024 and began its first municipal deployment in Bradford West Gwillimbury in early 2025. Learn more at www.rideargo.com.
Praveen Arichandran, CEO
Argo Corporation
(800) 575-7051
Forward-Looking Information
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, as described in more detail in the Company's securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
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