In the 1990s, Raytheon invested heavily in a system called PRT 2000, based on technology developed by J. Edward Anderson at the University of Minnesota. Raytheon failed to install a contracted system in Rosemont, Illinois, near Chicago, when estimated costs escalated to US$50 million per mile, allegedly due to design changes that increased the weight and cost of the system relative to Anderson's original design. In 2000, rights to the technology reverted to the University of Minnesota, and were subsequently purchased by Taxi2000.