Hyperloop opens global innovation centre for logistics in Brazil

Hyperloop Transportation Technologies (HyperloopTT) has opened a global innovation centre in Minas Gerais, Brazil, with the intention of creating an ecosystem to help solve global challenges in logistics. Called XO Square, the 43,000 sq/ft facility will house the company’s logistic research division, a fabrication lab and an ecosystem of global companies, startups, universities, innovators, scientists and governments. XO Square is supported by the government of the State of Minas Gerais, the State of
April 10, 2018 Read time: 2 mins
8535 Hyperloop Transportation Technologies (HyperloopTT) has opened a global innovation centre in Minas Gerais, Brazil, with the intention of creating an ecosystem to help solve global challenges in logistics.


Called XO Square, the 43,000 sq/ft facility will house the company’s logistic research division, a fabrication lab and an ecosystem of global companies, startups, universities, innovators, scientists and governments.

XO Square is supported by the government of the State of Minas Gerais, the State of Minas Gerais Research Foundation, the Federation of Industries of the State of Minas Gerais and the Municipality of Contagem.

This agreement was secured through a public-private partnership with its first phase valued approximately $7.85m (£5.5m). The investment includes contributions from HyperloopTT, the Secretariat of Economic Development, Science, Technology and Higher Education (SEDECTES).

Miguel Corrêa, state secretary of SEDECTES, said: "The government of Minas Gerais works towards promoting the State's innovation and entrepreneurship scenario, encouraging young people to become involved in research and technology. Our objective is to connect large companies and startups, generating businesses and smart solutions for different areas. Knowing that Minas Gerais will host HyperloopTT's research center, means that we are contributing with the State's economic growth throughout different paths, such as science, technology and innovation. This choice strengthens and boosts credibility for the actions being developed by the government.”

For more information on companies in this article

Related Content

  • Do we need a new approach to ITS and traffic management?
    January 31, 2012
    In an article which has implications for the European Electronic Toll Service, ASECAP's Kallistratos Dionelis asks whether the approach we currently take to major ITS system implementations is always the best or healthiest. I was asked recently to write a paper on the technology-oriented future of transport. To paraphrase, I started with: "The goal of European policy-makers is to establish a transport system which meets society's economic, social and environmental needs, satisfying in parallel a rising dema
    Read More
  • Level of MaaS provides step-by-step roadmap to integrated transport
    August 22, 2018
    Transportation consultant Jack Opiola considers how a ‘Levels of MaaS’ approach - along with the concept of ‘co-opetition’ and increasing public acceptance - can smooth the journey to a future with more sustainable mobility The premise of Mobility as a Service (MaaS) is simple: the seamless, infinitely adaptable delivery of mobility, together with associated information, ticketing, and payment services, across all modes of transport. All of this is in near-real time - or predictively, wirelessly, securely
    Read More
  • Continental and EasyMile team up for autonomous driving R&D
    November 16, 2018
    Automotive giant Continental has signed a deal with autonomous driving specialist EasyMile to create a joint R&D facility in Singapore. The combined team will work on solutions for driverless mobility, focusing on perception and deep learning, to prepare autonomous vehicle (AV) technology for tests. The companies call their memorandum of understanding a “stepping stone in a structured approach to AV testing on public roads in Singapore”. The city-state of Singapore is looking to AVs to improve its trans
    Read More
  • More Than: over half of Britons in test support car crash images used as speeding deterrent
    November 20, 2017
    58% of Britons who took part in a More Than (MT) visual deterrent speed sign test support its new proposal for speed limit signs to be accompanied by images of car crashes to deter drivers from speeding. The test follows a recent study from the campaign group, which revealed that 62% of drivers regularly ignore speeding signs along with 25% who stated that the threat of having to attend a speed awareness course isn't enough of a deterrent. Upon the reasons behind the effectiveness of the images in causing
    Read More

Highlighted Content