Hyperloop Transportation Technologies (HyperloopTT), a transportation and technology company focused on realizing the Hyperloop, has revealed plans to have world's first commercial Hyperloop system of 10 kilometres operating between Abu Dhabi and Dubai by 2020.
A real estate developer in Abu Dhabi, Aldar Properties PJSC, and HyperloopTT, which wants to develop the system to move people and goods at unprecedented speeds, have agreed on construction plans for a Hyperloop system as well as HyperloopTT's XO Square Innovation Center, and a Hyperloop Visitor Center.
The construction site is located in Aldar's Seih Al Sdeirah landbank in Abu Dhabi and in close proximity to the residential development Alghadeer.
It is located on the border of the Emirates of Abu Dhabi and Dubai, close to the Expo 2020 site and Al Maktoum International Airport.
HyperloopTT plans construction of the line in several phases starting within the ten-kilometer allocation, with further development aimed at creating a commercial Hyperloop network across the Emirates and beyond.
Earlier this month, HyperloopTT began construction of the first full-scale passenger and freight prototype system in Toulouse, France, and expects delivery of the first passenger capsule later this year.
HyperloopTT will assemble and optimize the capsule in Toulouse, France, prior to use in the Emirates.
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Bibop Gresta, Chairman of HyperloopTT, said: “This agreement creates the basis for the first commercial Hyperloop system in the world here in the Emirates, with the goal of eventually connecting Abu Dhabi to Al Ain, Dubai, and Riyadh, Saudi Arabia.
“With regulatory support, we hope the first section will be operational in time for Expo 2020.”
Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties, commented: “We are delighted to be working with HyperloopTT as they look to bring one of the world's most revolutionary transportation technologies to Abu Dhabi.
“Alghadeer sits at such a strategic point within the UAE – close to major growth areas of both Abu Dhabi and Dubai, that it makes sense to pair it with rapid transport opportunities.
“We believe that Hyperloop technology can have a major positive impact on the lives of all of those living within our communities, and we look forward to this possibility becoming a reality.”
Dirk Ahlborn, CEO of HyperloopTT, said: “A forward-thinking nation like the UAE is ideal for building the most revolutionary, most efficient, and fastest transportation system in the world.
“With this historic agreement in Abu Dhabi, we take a big step towards the world's first commercial system.”