Hyperloop Transportation Technologies Advances with Historic Passing of US Infrastructure Bill
-
We applaud the United States Congress passing and the signature into law of a bipartisan infrastructure bill including hyperloop travel. The $1.2 trillion Infrastructure Investment and Jobs Act is the country’s largest investment in infrastructure and will power the American economy for generations to come.
-
The bill’s more than $280 billion investment in transportation infrastructure will jumpstart needed repairs, future-proofing and development of critical mobility systems throughout the country. The decision to include traditional and emerging technologies ensures that the United States will have a pioneering role in the development of next-generation transportation technologies.
-
Hyperloop’s inclusion in the bill is a landmark moment for the industry as it solidifies the technology into federal law. Since our founding in 2013, HyperloopTT has worked across administrations to demonstrate key technical features and educate lawmakers on the transformative benefits of hyperloop travel. Now, as the bill progresses towards becoming law, the future of hyperloop travel in the United States is secured.
HyperloopTT development plans
HyperloopTT will collaborate with our public partners to apply for newly available federal funding to accelerate the development of the world’s most advanced hyperloop project in the Great Lakes. A key driving force behind hyperloop’s inclusion in the United States’ future infrastructure plans was the Great Lakes Hyperloop Feasibility Study, which found that annually a single 470-mile hyperloop route would create more than 36,000 jobs and remove upwards of a million cars from the road.
Now in the planning phase for the Environmental Impact Statement, HyperloopTT is working with regional and local stakeholders to expand the Great Lakes route into the beginning of a national hyperloop network. Within the Great Lakes region and beyond, HyperloopTT continues to build relationships and secure partnerships that champion the advancement of hyperloop technology as a sustainable solution capable of replacing costly road and rail infrastructure.
As we move forward from this landmark investment in infrastructure, HyperloopTT’s dedicated team of contributors, employees and partners will continue working with federal, state and local leaders to realize the transformative benefits of hyperloop travel.
Throughout development, HyperloopTT has worked closely with members of Congress and federal agencies to advance the adoption of hyperloop travel in the United States. In 2019, members of the US DOT visited HyperloopTT’s European Hyperloop Research and Development Center in Toulouse, France to get a first-hand look at the world’s only full-scale hyperloop test track and passenger capsule fuselage. Moving forward, HyperloopTT will continue hosting technical briefings on capital hill, at our Los Angeles Headquarters and full-scale system in Toulouse to keep stakeholders informed of technical and regulatory progress.
The future of hyperloop in the United States
The passing of this legislation is a step in the right direction, but the work to advance American infrastructure systems does not stop here. Now more than ever, HyperloopTT is committed to exemplifying the long-term benefits of investing in innovative technologies for the future. While a major portion of the increased investment will be spent repairing and maintaining current infrastructure systems, the country’s long-term future relies on the development of sustainable solutions becoming the backbone of transportation infrastructure.
The United States has the opportunity to assume a leadership role in the deployment of commercial hyperloop systems globally. As the world looks to achieve sustainable development goals, pioneering emerging hyperloop technologies will create widespread economic opportunities for early adopters.
All of us at HyperloopTT are proud to contribute to the vision for the future of the United States and will continue innovating to ensure that the country’s infrastructure is a beacon for sustainable development.
Download shareable assets here.
CONTACT:
Ben Cooke
HyperloopTT Head of Media Relations
310-720-1214
