Hyperloop One, which aims to fulfill the vision of high-speed transportation promoted by Elon Musk, has signed a deal to develop a line between Dubai and UAE capital Abu Dhabi, Dubai reportedly announced this week.
No financial terms have been disclosed, but the project reportedly will have several stations throughout Dubai connecting the hyperloop system to Abu Dhabi. Pods will carry passengers and cargo between the two.
Dubai’s government-backed port operator, DP World, reportedly also has signed an agreement with Hyperloop One to look into using the technology at its industrial Jebel Ali port.
Hyperloop is a new way to move people and things at airline speeds for the price of a bus ticket. It’s on-demand, energy-efficient and safe. Think: broadband for transportation. The world is ready for a new mode of transportation that will change the way we live.
SpaceX, helmed by Musk, is building a mile-long test track for hyperloop pods in California.
Hyperloop One, which is constructing a test track in the Nevada desert, this spring demonstrated a mag-lev Hyperloop sled that ran for 100 yards or so.
Musk proposed the hyperloop concept as a way to bring high-speed travel to California. A hyperloop journey between Los Angeles and San Francisco would take about 30 minutes.
SpaceX also has a Hyperloop competition under way. An MIT team won the first round in February.