We’ve run several articles on the companies and ventures undertaken by visionary Elon Musk, from self-driving electric cars to reusable space launch rocket systems and solar energy power plants.
One of his other technological advocacies is the Hyperloop, a scaled-up and ultra-modernized system similar to the old pneumatic tube systems used to transport small packages through some impressive distances as far back in time as the 1850s. Aside from delivering mail, money and parcels inside canisters shooting through the tubes at impressive speeds, the 19 th century inventors and developers saw potential in enlarging the pneumatic systems in order to transport people in canister trains, a dream that never quite materialized then due to tech limitations.
Not anymore according to Tech Crunch. The pneumatic tube concept has been updated with the latest in bleeding edge innovations to become the Hyperloop, courtesy of Elon Musk. He tried to gather international interest and collaboration on the concept by making the system patent-free, spearheaded by the Hyperloop One Company. With successful trial runs since May of this year, Hyperloop One has entered into negotiations with the government of the United Arab Emirates in order to construct the first ever passenger-use Hyperloop transport system in their country, at Dubai.
Company CEO Rob Lloyd is very optimistic that their first success in using Hyperloop technology will be realized in the Middle Eastern nation. "[Dubai] is our number one priority so we will do everything to make that happen," he said of the now proposed Hyperloop transit track that would possibly connect Dubai and the UAE capital of Abu Dhabi, that could see operations commence by the year 2021.
Using conventional road travel the 99-mile (159.4km) distance between the two cities could be covered in around two hours. But if the Hyperloop system works out then a capsule transport from Dubai will reach Abu Dhabi in only 12 minutes, made possible by the Hyperloop’s electronic propulsion of the transport capsule inside a tube that has been reduced in pressure, virtually eliminating air resistance to achieve average speeds of up to 740 miles per hour, unheard of in any land-based means of transportation.
Hyperloop One has about $80 million in investment funding thanks to its successful tests while DP World, the world’s third-largest port operator based in Dubai has chipped in with $50 million towards the construction of the Hyperloop passenger track and is even working with the firm to design a track for cargo. Further track proposals should the Dubai system prove feasible and profitable are a track connecting Riyadh in Saudi Arabia with Doha in Qatar.
"Demonstrate the prototype, have a viable idea, then have the discussion about how to finance it, how to regulate it but we can prove it works. This is the show me technology and were going to show the world," Lloyd spoke regarding the Hyperloop One’s funding approach.
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