Hyperloop companies come together to form an international association

The Hyperloop Association, the first international association within the hyperloop business, has been formed by the hyperloop companies Hardt, Hyperloop One, Hyperloop Transportation Technologies, Nevomo, TransPod, Swisspod Technologies, and Zeleros. The seven initial firms signed the association's governing document on December 14th, 2022. The royal decree creating the association is anticipated to be issued in the upcoming weeks, followed by an official announcement of the association.?

A totally autonomous, all-electric pod that levitates and travels at high speeds in a low-pressure environment is the key component of the revolutionary, high-speed transportation system known as the Hyperloop. In comparison to other modes of public transit, the hyperloop will drastically reduce travel times for people and goods between cities and nations while also being more environmentally friendly and sustainable.?

The Hyperloop Association, which has its headquarters in Brussels, will collaborate closely with the European Commission, the European Parliament, the Europe's Rail Joint Undertaking, industry value chain stakeholders, research institutions, and academic institutions to advance the development and facilitate the widespread adoption of the cutting-edge transportation system throughout Europe and the rest of the world.?