Hyperloop Transportation Technologies has partnered with the Ministry of Infrastructure of Ukraine to create a commercial Hyperloop system.
The project’s first phase will utilise a 10km track to create a legal framework to certify the system before extending to a broader network which will play a major role in connecting Europe and Asia, says Hyperloop.
Volodymyr Omelyan, minister of infrastructure, says the technology will help the country create a smart and sustainable transportation infrastructure.
Omelyan announced plans to prepare Ukraine for Hyperloop technology in February. The initiative includes the National Academy of Sciences, state defence conglomerate Ukroboronprom, aerospace manufacturer Yuzhmash and several other industrial and scientific institutions.
The project is planned to be financed as a public-private partnership upon completion of the initial study.
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