Revolution in Transportation!

Transforming Moscow

Recently, Russia’s investment firm Summa Group signs a deal with Californian-based startup Hyperloop One to build a futuristic, 70-kilometre high-speed transportation system in Moscow. The entire project is estimated to be between $450-607 million. With this deal, Moscow will be the fourth site in the world where Hyperloop will set up, after Finland, UK and US. Besides all this, the memorandum was signed at the St Petersburg International Economic Forum.

A Brief on Hyperloop

The above video shows you how Hyperloop will work in Moscow. Shervin Pishevar and Borgan BamBorgan (Former SpaceX Engineer) are the co-founders and Rob Lloyd is the CEO of Hyperloop one. The startup is dedicated to bring revolution in the transportation very soon. Its product, Hyperloop is powered by magnetic levitation to reach the highest speed that will save time in transportation. It is working on developing an unimaginable technology that can bring high speed transpiration for people and goods implementing Maglev. The technology eradicates the requirement for wheels, axes or bearing along with a mechanism and infrastructure required for the train movement, where speed is restricted by friction. With the help of Maglev, Hyperloop One is building up the 5th mode of transportation.

Moscow at its Benefit

Hyperloop One is making vacuum pods that can travel upto 1,200 km/h. It is believed to change lives of 16 million people in the Greater Moscow area by drastically cutting down their commuting time to a fraction of what it takes today.

Takeaways:

• Recently, Russia’s investment firm Summa Group signs a deal with Californian-based startup Hyperloop One to build a futuristic, 70-kilometre high-speed transportation system in Moscow.
• With this deal, Moscow will be the fourth site in the world where Hyperloop will set up, after Finland, UK and US.
• Hyperloop One is making vacuum pods that can travel upto 1,200 km/h.