Seven companies developing what is billed as the fifth mode of transportation, the hyperloop, have joined forces to form The Hyperloop Association.
The organization aims to stimulate the development and growth of the hyperloop, which is a new transportation method. The association will also participate in and support institutes to collaborate with government and regulatory agencies on transportation policymaking.
Vendors in the Hyperloop Association include:
- Hardt Hyperloop
- Hyperloop One (formerly Virgin Hyperloop)
- Hyperloop Transportation Technologies
- Nevomo
- TransPod
- Swisspod Technologies
- Zeleros
United entity
The organization will focus on three primary goals as a united entity:
- Serve as a point of entry for the sector for all hyperloop-related matters.
- Advocate for, elevate and defend member companies interests in hyperloop ventures.
- Provide guidance and insights to companies working on hyperloop projects.
The new association will be based in Brussels and will work closely with the European Commission, the European Parliament, Europe’s Rail Joint Undertaking, research centers and academia to advance the widespread adoption of hyperloop transportation systems across Europe and worldwide.
What is the hyperloop?
Hyperloop technology uses magnetic levitation to lift a pod off the track and guide it as it moves, creating a friction-free track. Almost all the air in the tube surrounding the pod is removed to create the same environment found at 200,000 ft above sea level. The combination of the linear motor, magnetic levitation and low-pressure tube reduces drag so that only a small amount of electricity is needed to propel the pod at speeds as high as 670 mph. This could possibly create a more cost-effective system than high-speed rail or airline transportation.
(Learn more about magnets on Globalspec.com.)
The technology is not only ultra-fast but is reportedly energy-efficient and completely CO2 neutral. This combination is one of the reasons the hyperloop has gained attention in the transportation market as countries look for new ways to meet carbon footprint requirements while providing new ways of traveling for consumers.
However, the technology has come under scrutiny as companies, governments and organizations question whether it can be used effectively or ever come to fruition.
