HyperloopTT is forming a joint venture with Webuild and Leonardo that could lead to the construction of the world’s first commercial hyperloop system in Italy.
Transportation and technology company HyperloopTT is forming a joint venture that could lead to the construction of the world’s first commercial hyperloop system in Italy.
It is collaborating with Italian-based industrial companies Webuild and Leonardo to study the feasibility of a hyperloop operating prototype named Hyper Transfer to carry cargo and passengers.
HyperloopTT reports that Hyper Transfer will aim to be the world’s first operational commercial hyperloop system connecting a section between Venice-Mestre and Padua in Italy.
In June of 2023, the consortium called Hyper Builders, won the successful bid on the tender issued by the Venetian Motorway Concession (CAV), Italy’s regional highway operator, which calls for a hyperloop prototype on a section between Venice-Mestre and Padua.
“This hyperloop system is not just about connecting Venice and Padua in record time; it is a testament to Italy’s unwavering spirit of innovation and commitment to sustainable and efficient transport”
The contract for the feasibility study was signed by CAV and Webuild, the project leader, officially kicking off the project. Following phase one, the tender includes two other phases: a detailed design and engineering phase and the subsequent final phase for construction, testing, and certification.
“This is the moment HyperloopTT has been working towards since 2013,” said Andrés de León, CEO of HyperloopTT. “We thank the Italian government, the Veneto region, and CAV for their vision and commitment to sustainable innovation. We’ve partnered with some of the best engineering and transportation companies in the world, all with deep roots in the region. We look forward to bringing this first of many hyperloop systems to the world.”
Named Hyper Transfer, the project aims to reduce heavy traffic, decrease traditional transport times and energy consumption, improve road safety, and enhance the interconnections between transport systems and smart cities in the local area. The system will then be expandable to fully connect the cities of Venice (Mestre) and Padua.
Webuild is Italy’s largest Italian engineering and general contractor group and a global player in the construction sector, together with Leonardo is one of the world’s largest multinational companies specialising in aerospace, defence, and security. Hyper Builders also includes Rina, a firm that builds businesses in transport and infrastructure, and Hyperloop Italia, HyperloopTT’s licensee in Italy.
“Italy has always been a cradle of creativity, innovation, and progress, from the artistic brilliance of the Renaissance to the engineering prowess behind their high-speed trains,” said Andrea La Mendola, chief operating officer of HyperloopTT.
“Today, we stand at the dawn of a new era, poised to redefine mobility once again with the Hyper Transfer project. This hyperloop system is not just about connecting Venice and Padua in record time; it is a testament to Italy’s unwavering spirit of innovation and their commitment to sustainable and efficient transport.”
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