Moneycontrol Bureau
Elon Musk’s hyperloop technology has inched a step closer to reality as the company intends to unveil the speedy transport service by March. Hyperloop One’s management is confident that it will be the first to build hyperloop.
India is a strategic market for Hyperloop One and the company is in talks with various state governments and engineering services and construction companies. “We will deliver the first proof of technology within the first quarter of this calendar year itself and then we will deliver the proof of operations,” Nick Earle, Hyperloop’s Senior Vice President, Global Field Operations, told BusinessLine.
Besides Hyperloop One, another US-based firm Hyperloop Transportation Technologies is in the fray for the revolutionary transportation service.
With hyperloop, passengers and goods placed in pods inside a partial-vacuum tube are transported at speeds comparable to that of aircraft. To put it in perspective, the travel time from Mumbai to Pune can be cut short to 25 minutes.
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