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