Jul 29, 2016
The Hyperloop is bringing some of its futuristic tech to Europe’s biggest railway
Posted by Shailesh Prasad in categories: augmented reality, business, transportation
Hyperloop Transportation Technologies (HTT) announced today that it will build an “innovation train” for Germany’s Deutsche Bahn, the largest railway operator in Europe. The train will not be a super-fast hyperloop, in which pods are propelled through aluminum tubes at speeds of up to 760 mph, but a conventional train that includes some of the futuristic technologies the startup has been showcasing at tech conferences around the world.
As a startup that relies on crowdsourcing and volunteer engineers, the collaboration with Deutsche Bahn may allow HTT to start generating revenue while it works toward the larger goal of building passenger-ready hyperloop systems. Indeed, HTT’s CEO Dirk Ahlborn said in a statement that the partnership will help create “new monetization strategies and business models” for his company.