Page 2 - Hyperloop Technology News Today

Synopsis:ArcelorMittal and ArcelorMittal Nippon Steel are teaming up with IIT Madras to pioneer Asia’s maiden Hyperloop test track in Chennai. Contributing mate

ArcelorMittal and AM/NS will supply 400 tonnes of steel for the fabrication of a 400-metre vacuum tube at the site, while engineers from AMDEC, the design and engineering arm of ArcelorMittal, will help oversee the project.

In a significant development, Hyperloop One, the high-speed freight transportation company based in Los Angeles, U.S., is set to shut down.

Dublin, Sept. 07, 2023 (GLOBE NEWSWIRE) -- The

Dublin, Aug. 17, 2023 (GLOBE NEWSWIRE) -- The "Hyperloop Technology Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023-2028)" report has been...

/PRNewswire/ -- The Global Hyperloop Technology Market is projected to grow at a CAGR of 48.8% from 2023 to 2030, according to a new report published by...

'TuTr Hyperloop' by IIT Madras has also entered into a strategic partnership with Hardt Hyperloop, a leading European tech company, to develop interoperable hyperloop technology between Europe and India.

News last year that both Elon Musk and Richard Branson’s Virgin were dialling down their hyperloop projects suggested that time was being called on turning the combination of vacuum tubes and magnetic levitation into a practical mode of transport. But the idea is not dead in Europe. An international Hyperloop Association was announced this year, to be based in Brussels, and testing infrastructure is planned at a number of European locations.

The Economic Survey underscored that the world has ‘moved seamlessly from the focus on physical infrastructure to investing in digital infrastructure’

The Boring Company recently shared a picture of what appears to be a Tesla Model 3 sedan inside a “full-scale Hyperloop” test tunnel.