Another European hyperloop start-up goes bankrupt. Spanish Zeleros has filed for voluntary insolvency. A court has declared the company insolvent and placed it under external administration. The start-up failed to attract enough investment to continue its development.
Hardt Hyperloop, a Dutch company developing a novel transport concept, has filed for bankruptcy, reports the NOS. Despite receiving millions in funding from public and private investors, its transport idea never progressed beyond the testing phase.
CASIC developed a hybrid suspension system to address violent vibrations at high speeds. It combines traditional passive air springs with advanced electromagnetic actuators. These actuators don’t work alone—they’re controlled by artificial intelligence.
China’s pursuit of hyperloop technology carries significant strategic implications beyond just faster travel times. By developing infrastructure capable of connecting major economic centers at unprecedented speeds, China positions itself to further consolidate its economic zones into highly integrated mega-regions.
The Avishkar Hyperloop team has developed a large-scale prototype test track and a sub-scale passenger pod, showcasing innovations like cost-saving concrete tubes and energy-efficient propulsion systems.
China conquered the technical pitfalls that doomed Elon Musk’s Hyperloop, slashing build costs by 60%.
Swisspod Technologies is working to complete a 1-mile, full-scale hyperloop test track on the grounds of the former Pueblo Army Depot
Hardt Hyperloop claims to be on track for passenger operations by 2030
An ultra-high-speed (UHS) maglev vehicle has completed a 2km demonstration test run in Yanggao county, Shanxi province, northern China. The speed achieved has not been revealed, but the vehicle is designed to operate at up to 1000km/h.
For the first time, India will host a global, college-level hyperloop competition in February 2025 with a 410 m Hyperloop vacuum tube (track) at the Discovery Campus in Thaiyur Indian Institute of Technology, Madras