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Yup, I read a few interesting scientific journal articles on this back in 2004 and 2008. Fascinating really, but its been on the drawing board for a heck of a long time to use Magnets to hyperaccelerate a projectile. They even considered its use for putting satellites etc into orbit. If it does eventually come into use with the USN's new DD(X) future combat vessel then it will certainly give a lot of govts food for thought