Hyperloop One mulls building first system in Dubai
UAE’s DP World and Hyperloop One have signed an agreement to test a Hyperloop route for Port Jebel Ali in Dubai
UAE’s DP World has signed a deal with Hyperloop One, an LA-based company working to develop a new transportation technology, to conduct a study to test a Hyperloop route for Port Jebel Ali in Dubai.
The Hyperloop technology is a tubular transport system, which carries people to and from their destination at speeds of up to 1,220km/h using pods, according to a statement.
Hyperloop One was created after Tesla and SpaceX CEO Elon Musk proposed the idea back in 2013 and made the research public to allow others develop the concept.
The signed agreement between both companies aims at having establishing a Hyperloop system that moves freight more effectively to an inland location from the port.
Rob Lloyd, CEO Hyperloop One, said: “By eliminating the barriers of time and distance, we believe we can increase the volume of freight DP World moves through the port using a Hyperloop to a new inland depot, which supports more revenue and profit for all stakeholders, as well as reducing freeway congestion and carbon emissions.
"A Hyperloop system fits very seamlessly with existing transportation corridors, minimizing any impact on urban Dubai and reducing freeway congestion and emissions."