Big 5: Hyperloop TT to discuss future of high-speed transportation
Hyperloop Transportation Technologies is currently working on eight projects around the world, including a feasibility study with Abu Dhabi’s Department of Transportation
Hyperloop Transportation Technologies (HyperloopTT) has confirmed that it will discuss the future of ultra high-speed transportation at The Big 5 2017.
The US-headquartered company is currently working on eight projects around the world, including a feasibility study with Abu Dhabi’s Department of Transportation.
If implemented, Hyperloop technology could cut the journey time between Dubai and Abu Dhabi to just 12 minutes. The first passengers would be able to travel on the transportation system 36 months after the conditional permit approval, according to Hyperloop TT.
Based on initial studies, the construction of a Hyperloop system would cost between $20m and $40m per kilometre. As such, the construction cost per passenger could be as low as $5.
Hyperloop TT claims that by using a combination of renewable sources, such as solar, wind, and kinetic energy, the Hyperloop transportation system is able to produce more power than it consumes.
Bibop G Gresta, chairman and co-founder of the company, elaborated: “Speed is what I call ‘a very nice consequence’ of the Hyperloop, but efficiency is probably the best outcome of this new technology. The feasibility studies we are conducting prove that the Hyperloop transportation system is not only doable, but also sustainable and profitable.”
Gresta will deliver his keynote speech, ‘Hyperloop is real: how will the Hyperloop idea be brought to life?’ at The Big 5 2017’s Excellence in Construction Summit on 26 November, 2017.
The Big 5 2017 will take place from 26-29 November at Dubai World Trade Centre (DWTC).