The agreement was signed on January 24 by Dirk Ahlborn and Bibop Gresta, CEO and Chairman, respectively, Jean-Luc Moudenc, Mayor of Toulouse and President of Toulouse Métropole, Carole Delga, President of the Occitania Region, and Pascal Mailhos, Prefect of the Occitania Region.
Hyperloop is an innovative concept in transport, first presented by Elon Musk. The technology moves capsules with passive magnetic levitation through low pressure tubes at top speeds of 1 200km/h. Safe, fast and energy efficient, the Hyperloop system is set to revolutionize the mobility and transport of passengers and freight over the coming decades.
HTT, a start-up founded in 2013, has put together a collaborative business ecosystem that spans the globe. Their goal is to turn this fifth mode of transport into a reality within the next few years.
HTT will establish a hyperloop innovation hub in toulouse that will bring together:
- Hyperloop Development and Research Center (HDRC), the European center for research and development, with approximately thirty engineers and postgraduates responsible for managing the development of the program, perfecting existing technologies and creating new ones
- 1km full-scale testing track
- Hyperloop Academy, a platform for working with universities and research laboratories
- Hyperloop Lab, an extension of the start-up incubator that works on technologies related to the Hyperloop project
- Demonstration Center, which will serve both as showcase for the Hyperloop program and the technological prowess of HTT, as well as an events and tourism venue that will include a Hyperloop community
The first stages of construction will begin in 2017. The project will contribute significantly to the regional economy and the growth of Toulouse as an innovation hub.
The establishment of HTT’s local base is highly promising in terms of the area’s career expansion and job creation plans, and very positive with regards to its image. This has been made possible by the unique concentration of scientific and industrial expertise in the fields of technology and innovation that exists in the Toulouse area. Toulouse is the world capital of aeronautics and Europe’s space industry hub, boasting the French Tech label. Toulouse is also a world-class center for university studies and research, considered a center of excellence in the development of intelligent transport systems, on-board systems and autonomous vehicles. Further, the region is flush with first-rate industrial and research professionals and clusters such as Automotech , Robotics Place, and the Valley of the Internet of Things (Valley of IoT). As the cradle of aviation and the space industry, Toulouse once more confirms its place as the leading global center for the transport sector.
Hyperloop Transportation Technologies, Inc. (HTT, HyperloopTT) was founded in November, 2013, by CEO Dirk Ahlborn and Chairman Bibop Gresta, birthed of a global collaborative process from Jump Starter Inc., a unique startup incubator. HTT is the largest collaborative corporate entity of its kind in the world, with other corporations now following suit.
At its core, the Hyperloop is a tube-based transportation system for inter and intra-city transport. With drastic reduction of air in the tube, motion is achieved with nearly zero friction. This translates into both speed and comfort, while the passenger capsule safely accelerates to air plane speeds.
Innovative Virtual Windows for the capsule interior use eye-tracking technology creating a realistic “exterior” view for passengers. This window tech coupled with special motion damping applications make the experience comfortable and easy. This same motion technology makes acceleration like that of a sports car, and deceleration easier than in an airplane.
Propulsion comes from development of a new passive magnetic levitation technology (MagLev) called Inductrack. HTT has an exclusive agreement with Lawrence Livermore National Laboratory for use of the Inductrack passive magnetic levitation system. Inductrack uses what’s called the Halbach Array, a patented pattern of special magnets that create propulsion, energy, and levitation, with drastically less power demand than similar but old MagLev systems in use today. Use of renewable energy sources and regenerative braking allow the Hyperloop system to generate more power than it consumes.
HTT is partnered with more than 600 professional team members who provide the company with engineering, physics, science, computer models, planning, logistics, and construction talents.
Industries: Railway Vehicles & Infrastructure