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TransPod receives $550m for Edmonton-Calgary hyperloop system - Vimarsana News

TransPod receives $550m for Edmonton-Calgary hyperloop system

Toronto-based transport company TransPod has secured $550m in financing for a 'hyperloop' system between Edmonton and Calgary in Canada.

Edmonton-Calgary train: TransPod secures funding for QEII hyperloop - Vimarsana News

Edmonton-Calgary train: TransPod secures funding for QEII hyperloop

TransPod says it’s gathered US $550 million, or about $688 million in Canadian dollars, from the Broughton Capital Group as well as the China-East Resources Import & Export Company.