Wednesday, September 6, 2017
HTT Inks Deal To Bring Hyperloop To India
Hyperloop Transportation Technologies (HTT) the Hyperloop technology developer led by Dirk Ahlborn, said on Wednesday that it has signed an agreement which will bring the first Hyperloop transportation system to the country of India. HTT said it signed a deal with the Government of the Indian State of Andhra Pradesh to connect the city centers of Amaravati and Vijaywada. HTT said the route would help turn what is now a trip of over one hour to just a six minute ride, and is the first agreement in India to put together a Hyperloop-based system. HTT said the deal--which is a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB)--will start with a six-month, feasibility study starting in October, to help determine the best route between the two cities.