Canadian hyperloop developer TransPod has revealed its all-electric hyperloop pod, a hybrid vehicle that is part aircraft and part train.
Called FluxJet, the hyperloop pod features contactless power transmission and a new field of physics called Veillance flux, which allows the transportation pod to travel in a protected guideway at more than 620 mph — faster than a jet and three times as fast as a high-speed train.
Each company developing hyperloop pods are proprietary and FluxJet will be exclusively on TransPod’s hyperloop line, which will be a network of stations in major cites and other locations.
Earlier this year, TransPod began the next phase of its multi-billion-dollar hyperloop project in Alberta, Canada, the first tube-transportation company to confirm financing for a billion-dollar infrastructure project.
The financing is designed to help build a hyperloop line using TransPod technology between Edmonton and Calgary, allowing travelers to get to their destinations in about 45 minutes. The project is said to create up to 140,000 jobs and will add $19.2 billion to the region’s GDP throughout construction.
“All the hard work over the past few years has led to this milestone moment where talk is becoming a reality,” said Sebastien Gendron, co-founder and CEO of TransPod. “The technology is proven, and we have the confidence of investors, governments and partners to continue pushing forward to redefine transportation effectively.”
In the video, Transpod is shown demonstrating its scaled-down FluxJet during an unveiling event in Toronto. The nearly 1-ton vehicle demonstrated a take-off, travel and landing procedure within its guideway.