Swiss Info reports they call it the 3S for 3-seil, which means three ropes in German. The 3 ropes are the two supporting cables plus a looped traction cable. There are 25 gondolas that will have a 2,000 people per hour capacity, a vast improvement from previous capacity of 600 per hour. The ride to the top is nine minutes with a max height of 650ft.
Round trips in the regular cabins will cost about $100USD and if you want a glass bottom it will set you back about $115. Expensive round trip but a one of a kind experience.