Thursday, February 15, 2018

Hyperloop Transportation Technologies Eyes Connecting Cleveland, Chicago

Playa Vista-based Hyperloop Transportation Technologies (HTT), the Hyperloop technology developer co-founded by Dirk Ahlborn and Bibop Gresta, said on Thursday that it has signed a study deal to look at routes to connect Cleveland and Chicago with its technology. According to HTT, it signed official agreements with the North Ohio Areawide Coordinating Agency (NOACA) and Illinois' Department of Transportation (IDOT) to begin a feasibility study for the region to connect Cleveland and Chicago. Financial details of the deal were not announced. HTT is one of a number of firms in Los Angeles--including Virgin Hyperloop One and Elon Musk's firm The Boring Company--which are trying to bring the Hyperloop concept to market.

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