AFP, DUBAI: Hyperloop One signed an agreement with Dubai on Tuesday to "evaluate" the building of the world's first near-supersonic hyperloop transport system in the Gulf emirate.
"We are here today to sign a historic agreement with our partners from (the Dubai) Road and Transport Authority... and we begin to evaluate the delivery of the world's first hyperloop system across the country," the company's CEO, Rob Lloyd, said.
"We will initially focus on the value that Hyperloop One will deliver in Dubai and across the (United Arab) Emirates," he told reporters.
Lloyd did not provide further details or figures.
Hyperloop is a futuristic passenger and freight transportation system that its promoters say offers the promise of near supersonic speeds.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.