Subscribe

On April 12, 2018, Hyperloop Transportation Technologies announced the shipment of the very first full-scale freight and passenger tubes. A first glimpse at the plans for their research and development (R&D) facility located in Toulouse, France was also set. HyperloopTT stated that its test track will be completed in two phases – a closed ground-level system running approximately 320 meters in length and a full-scale 1-kilometer-long system. It is planned that the smaller track will be up and running for testing within the year. The 1 km full-scale system, elevated by pylons at a height of 5.8 meters, is expected to be operational in 2019. The company’s full-scale passenger capsule in its R&D facility in Spain is almost close to completion and is scheduled for shipment this summer.

The images and video about HyperloopTT’s track construction is the first concrete evidence of company’s actual efforts to pursue its goal of developing a full-scale passenger capsules capable of transporting people or even cargo via a near-vacuum tube running at a speed of approximately 760 mph. Previous announcements and an article from HyperloopTT were seen as dubious and hard to imagine.

In 2013, HyperloopTT was built with a global team of over 800 engineers, technologists, and creatives among 52 multi-disciplinary teams, including 40 university and corporate partners. Hyperloop Transportation Technologies is an innovative transportation and technology corporation that focuses on achieving the Hyperloop – a system that transports goods and people at an exceptional speeds without neglecting safety, efficiency, and sustainability. The company’s headquarter is located in Los Angeles, California, and with offices in Dubai and Abu Dhabi; Toulouse, France; Bratislava, Slovakia; and Barcelona, Spain. Led by co-founders Bibop Gresta (Chairman) and Dirk Ahlborn (CEO), HyperloopTT utilizes the unique, patented technology and advanced business structure of collaboration, innovation, and partnership to create and license technologies.

In BOLD’s Exclusive interview with Dirk Ahlborn at the Synapse Summit, the HTT founder elaborated its bold steps in building the first ever full-scale hyperloop in the world. “We spend most of our time over the last five years to put all of these technologies together. We are ready now for what we call version number one. Version number one is ready to build,” said Dirk

Ahlborn.

Hyperloop Transportation Technologies aims to carry 28 to 40 people per trip and over 160,000 passengers though their capsules every day.

“Because it has no resistance, it’s a capsule hovering and much of the air’s out, it can go much, much faster. Roughly 760 miles per hour, which means on the trip from Los Angeles to San Francisco, roughly 36 minutes. Now this has a benefit that you’re from city center to city center in a very short timeframe,” the CEO added.

Recently, the company had closed a deal with Aldar Properties to build the first commercial hyperloop in UAE by 2020. The planned capsule is estimated to span 10 kilometers on the borders of Dubai and Abu Dhabi, which will cut the travel time to the capital to only 12 minutes.

Back in 2012, Elon Musk, Tesla CEO and SpaceX founder, publicized the concept of hyperloop.

“We built this platform in beta and launched it around the same time as Elon Musk proposed the hyperloop idea. When he said that he was too busy working on it because of Tesla and SpaceX and he wanted someone else to pick it up,” Dirk Ahlborn commented.

Dirk Ahlborn also stated in the interview that bringing the hyperloop dream to life means much more than building a company from ground up and cashing in from a bold idea.

“We had to do more than just build a company. We had to build a movement. And that’s exactly what it is today. It’s a movement.”

The company’s full-scale capsules will solve transportation’s most pressing problems – speed, comfort, and efficiency. Hyperloop Transportation Technology is changing the way people move through innovative transportation, making ripples of bold impacts today and beyond.

black and white logo of Bold Wire for Bold Business
The Bold Wire delivers news that matters to you.