Electronics and Semiconductors

European railway org signs agreement for hyperloop

12 October 2021
Hyperloop could be a complementary transportation ecosystem for cargo and passenger travel. Source: HyperloopTT

Seven hyperloop players and the European Rail Infrastructure Mangers (EIM) have signed an agreement to support the integration of hyperloop and rail systems in Europe.

The companies include HyperloopTT, Nevomo, Swisspod Technologies, TransPod, Virgin Hyperloop and Zeleros.

The agreement will include the exchange of information and best practices to facilitate cooperation and efficiency for mobility systems of the future. The goal is to get rail infrastructure and hyperloop companies to learn from each other and identify potential drivers for technology innovation.

“Hyperloop can play a key role in the transition towards sustainable, safe, intermodal transportation in Europe, in line with the principles of the Green Deal and EU Recovery Fund,” said Gorm Frimannslund, president of EIM. “Rail infrastructure managers can bring their experience and know-how to facilitate hyperloop system integration into existing rail systems throughout Europe. Thanks to this agreement we pave the way to explore promising multimodal, efficient infrastructure transport solutions for the benefit of European citizens and the greater economy.”

The companies said the agreement allows for better cooperation to pave the way for better connected systems for both modes of transportation. Additionally, it will support the hyperloop to become a complementary transportation eco-system for freight customers and passengers.

To contact the author of this article, email PBrown@globalspec.com

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