Hyperloop TT’s commercial operations to begin in 2023
Passengers will be able to travel from Dubai to Abu Dhabi in 15 minutes at a maximum speed of 1,000kmph
Bibop Gresta, chairman of Hyperloop Transportation Technologies (HyperloopTT) has said that Hyperloop trials could begin as early as 2020 while commercial operations are likely to commence by 2023.
According to Thomson Reuters, Hyperloop TT has completed the assembling of tubes and installation of pumps, and will begin integrating capsules for passenger trials by 2020.
The 150km hyperloop system - which is estimated to cost $40m per km at a total of $6bn for the UAE project - will connect Abu Dhabi, Al-Ain, and Dubai, taking passengers 15 minutes to cover the distance between Dubai and Abu Dhabi at a maximum speed of 1,000kmph.
Gresta said: “Hyperloop transportation may look like a huge investment that may be used by a limited number of people but it is sustainable and cost-effective in the long-term despite being a capital-intensive project.”
Gresta also added that Hyperloop TT is well ahead of competitors in terms of commercialization of hyperloop technology,