Polish Nevomo selected for hyperloop freight demonstrator

The Institute of Hyperloop Technology (IHT) at the University of Applied Sciences Emden/Leer, Germany, has announced its collaboration with Nevomo, a leading European deep-tech company specializing in MagRail technology. This strategic partnership aims to propel next generation mobility solutions forward, focusing on integrating MagRail technology into the IHT's "CargoTube" high-speed freight demonstrator.

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Swisspod announce new €7M funding round for hyperloop transport

Startup co-founded by Romanians and backed by Richard Branson targets EUR 7 mln to advance hyperloop technology for high-speed transportation. The company has expanded its research and development efforts in Colorado, USA, and, through a partnership with TuTr Hyperloop, is working on developing and deploying this cutting-edge technology in India.

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Swisspod starts building hyperloop test track at PuebloPlex

Construction is underway for Swisspod's full-scale test track of its hyperloop transportation system at the PuebloPlex near the Pueblo Airport. The Swiss startup is working with railroad advisory company MxV Rail to build and test a full-scale prototype on land at the current US Army Chemical Depot site.

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India unlikely to have hyperloop trains in near future: NITI member Dr. VK Saraswat

India is unlikely to go in for hyperloop technology for ultra high-speed trains in the near future as the technology is at a 'very low level' of maturity and may not be economically viable at the current juncture, NITI Aayog Member Dr. VK Saraswat said.

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