An international business consortium led by Dutch clean energy conglomerate Koolen Industries has made a multi-million euro investment in Hardt Hyperloop, the company that created Europe’s first full-scale operational hyperloop test-facility for the high-speed zero emissions transportation system.
Hardt Hyperloop has developed technology that will make the transportation industry more sustainable. By travelling through low-pressure tubes where there is almost no air resistance, it is possible to achieve speeds of more than 1,000 km/h (600 mph). The vehicles levitate magnetically, hence there is no wear and operational costs are minimal. Vehicles travelling in a tube are protected from any outside forces, which means the hyperloop technology is extremely efficient and highly reliable. Compared with high speed rail, the hyperloop requires less land area and its infrastructure is easier-to-build, so it is cheaper to implement and maintain.
This investment round was backed by the renowne..
