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Argo Corp
Symbol ARGH
Shares Issued 310,422,729
Close 2026-09-23 C$ 0.28
Market Cap C$ 86,918,364
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Argo triples Bradford W. Gwillimbury transit ridership

2026-09-24 16:08 ET - News Release

Mr. Praveen Arichandran reports

ARGO TRIPLES TRANSIT RIDERSHIP IN BRADFORD WEST GWILLIMBURY

Average daily transit ridership in the town of Bradford West Gwillimbury has grown to more than three times the daily ridership of the town's previous fixed-route transit system.

Argo Corp. launched its proprietary Smart Routing transit infrastructure and service in BWG in April, 2025. The town subsequently replaced its previous privately operated fixed-route service with Argo's on-demand public transit, and renewed and expanded its agreement with Argo.

Argo Smart Routing transit in Bradford West Gwillimbury, Canada:

  • Tripled ridership: Average daily ridership has grown to more than three times pre-Argo levels.
  • Increased transit connections: As previously reported, Argo drove a more than five times increase in transit connections to Bradford GO.
  • Point-to-point access: Residents are picked up where they are and dropped off where they are going, with over 90 per cent of Argo trips including a pickup or drop-off more than 100 metres from the previous fixed-route bus stops.
  • Lower cost per ride: As previously reported, the town's cost per ride declined by more than 50 per cent compared with its previous fixed-route service.
  • Rapid deployment: Argo launched the infrastructure, technology and operations required for Smart Routing approximately three months from contract signing.
  • Provincial funding: Ontario has awarded BWG $4,093,337 through the Ontario Transit Investment Fund to support further expansion of on-demand transit.

"Bradford shows how modern transit technology can expand access to opportunity and independence, and give people the freedom to participate fully in their communities," said Praveen Arichandran, co-founder and chief executive officer of Argo. "We're bringing integrated transit infrastructure and operations on-line in weeks, not years, so more people can realize those benefits sooner."

Since the BWG launch, Argo has continued the expansion of its Smart Routing network in Brampton and Caledon. The company's focus remains on expanding the network across Canada, the United States and internationally.

About Argo Corp.

Argo delivers the first ever vertically and publicly integrated city transit system, designed to augment public transportation and create a network of intelligently routed vehicles that work together to serve and scale to the needs of entire cities, putting people in control of their mobility.

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