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Hyperloop promoter sets sights on central Europe

Hyperloop Technologies

Slovakian government officials are to work with Hyperloop Transportation Technologies to develop plans for a super-fast transport system connecting Bratislava with Vienna and Budapest.

Slovakian government officials last week signed an route development agreement with JumpStartFund’s Hyperloop Transportation Technologies.

Journeys between Bratislava and Vienna could take about eight minutes at Hyperloop’s full speed; Bratislava to Budapest would take 10 minutes. A 400km journey between Bratislava and Kosice may also be considered, connecting eastern and western Slovakia in only 25 minutes.

“Hyperloop in Europe would cut distances substantially and network cities in unprecedented ways. A transportation system of this kind would redefine the concept of commuting and boost cross-border cooperation in Europe,” said Slovakia’s economy minister Vazil Hudak. “The expansion of Hyperloop will lead to an increased demand for the creation of new innovation hubs, in Slovakia and all over Europe.”

Hyperloop is a tube-based transportation concept for high speed transport. Pods travel within the airless tube, accelerating to 1216km/h. 

Hyperloop first gained public interest when entrepreneur Elon Musk published a detailed white paper describing a futuristic mode of transport that would move people from Los Angeles to San Francisco in about 30 minutes. Musk handed the concept to the public asking for entrepreneurs to take over its development.

Hyperloop Transportation Technologies was founded in 2013 by JumpStarter using its crowdfunding and crowd collaboration platform JumpStartFund.

It leverages technology and a team of more than 500 global experts to bring disruptive innovation to the traditional transportation industry. It aims to begin building a hyperloop test track in Las Vegas this year and is actively seeking locations to build a full scale route.

“In 1896 the first electric underground railway system was built in Budapest and already in 1914 the first electric trainline between Bratislava and Vienna was created,” said Hyperloop Transportation Technologies chief operating officer Bibop Gresta. “Slovakia continues to confirm its position as one of the most forward thinking countries by embracing innovations like the Hyperloop transportation system.”



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