There’s already a lot of buzz. The Path To Commercialization Is Strewn With (Mostly Big) Challenges. Browse over 50,000 other reports on our store. The steel used to construct Hyperloop tubes could expand and contract based on weather conditions, potentially compromising its structural integrity over a period of time. The company said that the main goal is to connect all major cities in Europe with a travel time less than two hours. I authored “New Mega Trends,” published in 2012 with Palgrave Macmillan, which has since been sold in over 30 countries and is currently being translated into Chinese for a China market release in 2014.

It could also have a ripple effect in accelerating the adoption of Hyperloop to transport people.

Virgin Hyperloop can transport over 50,000 passengers per hour per direction. Tim Houter (TH): My co-founders and I were originally part of a student team at Delft University focused on designing electric race cars when Elon Musk launched the Hyperloop Pod Competition back in 2017.

Leading industry players are proactively working to ensure that robust standards are in place at the earliest. October 08, 2020. In the meantime, HTT signed an agreement with the Port of Hamburg to develop a Hyperloop system which will enable the rapid movement of cargo from container terminals at the port to other shipyards across the city. A Hyperloop capsule is expected to swiftly and seamlessly transport between 28-40 people simultaneously at speeds of around 760 mph between stations. Hardt’s CEO and co-founder Tim Houter talks about how the lane-changing technology works and what lies in the future. Earlier this year, DP World stated that it had zeroed in on India to launch its first cargo Hyperloop system. This article was written with contributions from Joe Praveen Vijayakumar, Senior Industry Analyst with the Business Strategy & Innovation group at Frost & Sullivan, and lead author of ‘’Global Evolving Hyperloop Landscape, 2018-2025’’. TH: [In 2019] we celebrated the official opening of Europe’s first full-scale hyperloop test facility in the presence of the European Commissioner for Transport Violeta Bulc and the Dutch Minister for Infrastructure and Water Management Cora van Nieuwenhuizen.

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Customer experience will receive priority, with the stations encompassing spacious waiting halls, zones for shopping, entertainment and relaxation. Of course, like any new technology, the Hyperloop faces significant challenges before becoming a reality. I’ll be one of the first on the platform when the 4th dimension of travel finally makes its debut. Today, the march towards commercializing this 4th dimension of travel is in top gear thanks to Musk and Space X making the Hyperloop an open source concept. Another such firm, Hardt Hyperloop, aims to bring the technology to Europe.