UAE Focus

Aldar inks deal with Hyperloop TT

May 2018

Hyperloop Transportation Technologies (HyperloopTT) has signed an agreement with Aldar Properties to start construction of a Hyperloop system as well as HyperloopTT’s XO Square Innovation Center, and a Hyperloop Visitor Centre at the Seih Al Sdeirah landbank in Abu Dhabi near the Alghadeer residential development.

The proposed construction site is located on the Abu Dhabi-Dubai border, close to the Expo 2020 site and Al Maktoum International Airport. However, any further development of the HyperloopTT system is subject to careful study and extensive regulatory review and approval.

HyperloopTT said it is focused on realising a novel system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably. The firm is creating and licensing technologies through the use of patented technology.

HyperloopTT said the construction of the line will be done in several phases starting within the 10-km allocation, with further development aimed at creating a commercial hyperloop network across the Emirates and beyond.

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