Hyperloop-- High-speed transport

Hyperloop One and the United Arab Emirates are on the fast track to building out the first hyperloop system. Just today H1 announced it would build the first commercial hyperloop transportation system from Dubai to Abu Dhabi.

The journey is 99 miles (159.4 km) long and normally takes about two hours by car but H1 promises it would take a mere 12 minutes in the hyperloop.

H1 is partnering with the Dubai Roads and Transport Authority (RTA) to evaluate the feasibility of building this system in greater Dubai and the UAE and the announcement follows the next stage of development for the company, which is gearing up for its “Kitty Hawk” moment early next year when H1 will test a full-scale prototype of its system in the Nevada desert.

It’s also part of the company’s next stage of progress in Dubai. Last August H1 co-founder Shervin Pishevar hinted the first hyperloop would be built overseas and the company announced in October it received $50 million in funding from DP World Group of Dubai, the third-largest ports operator in the world, to build a hyperloop system to move cargo throughout the country and the world.

On top of the news, H1 revealed an original design concept for the portals and pods that would take passengers from Dubai to Abu Dhabi in H1’s autonomous transportation system.

Hyperloop One will work with McKinsey and architecture and engineering firm BIG to evaluate the concept of a build out for a passenger system in the UAE.

History:-

The idea for Hyperloop One emerged from a conversation between Elon Musk and Silicon Valley investor Shervin Pishevar, who were flying to Cuba in January 2013 on a humanitarian mission. Pishevar asked Musk to elaborate on his Hyperloop idea, which the industrialist had been mulling for some time. Pishevar suggested using it for cargo, an idea Musk hadn’t considered, but he did say he was considering open-sourcing the concept because he was too busy running SpaceX and Tesla. Pishevar asked Musk if he could build it and Musk said, “yes.”

In August 2013, Musk released the Hyperloop Alpha white pape, generating widespread attention and enthusiasm. In the months that followed Pishevar incorporated Hyperloop Technologies and recruited the first board members including David Sacks, Jim Messina and Joe Lonsdale. Pishevar also recruited a cofounder, a former SpaceX engineer named Brogan Bambrogan. Hyperloop Technologies set up shop in Bambrogan’s garage in L.A. in November 2014. By January 2015 Hyperloop Tech had grown big enough to move into its current campus in downtown LA and had raised $9 million in venture capital from Pishevar's Sherpa Capital and investors such as Formation 8 and Zhen Fund. FORBES magazine put Hyperloop Tech on its February 2015 cover, landing the startup lots of fresh recruits and new investor interest. In June 2015, Pishevar recruited former Cisco president Rob Lloyd as an investor and, eventually, its CEO.

Between June 2015 and December 2015, the company continued to hire engineers and expand its downtown campus (now up to 3 acres and 55,000 square feet). In December 2015, Hyperloop One announced it would hold an open-air propulsion test at a new Test and Safety Site in Nevada. At the time, the company disclosed it had raised $37 million in financing to date and was currently completing a Series B round of $80m.

The propulsion open-air test, or POAT, was successfully held on May 9, 2016, in Nevada. The POAT sled accelerated to 116 mph (187 km/h) in 1.9 seconds, representing a crucial proof of concept. At the time Hyperloop One announced it had closed on its $80 million round and secured partnerships with global engineering and design firms such as AECOM, SYSTRA, Arup, Deutsche Bahn, General Electric, and Bjarke Ingels.

In June 2016 the company announced a memorandum of understanding with the Summa Group and the Russian Government to construct a Hyperloop in Moscow.

In late July 2016, Hyperloop One opened a 100,000 sq ft (9,300 m²) tooling and machine shop called Hyperloop One Metalworks in North Las Vegas, Nev., where it has begun fabricating the parts for the Devloop full-scale system test track.

In August 2016, Hyperloop One announced a deal with the world's third largest ports operator, DP World, to develop a cargo offloader system at DP World's flagship port of Jebel Ali in Dubai. In October, Hyperloop One announced it had raised another $50 million, led by an investment from DP World.

On November 8, 2016, Hyperloop One announced it had signed a deal with Dubai’s Roads and Transport Authority (RTA) to conduct a number of feasibility studies on potential passenger and cargo Hyperloop routes in the United Arab Emirates. Hyperloop One also released its first system designs in collaboration with the Bjarke Ingels Group.