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

  • Financing the US road infrastructure – road user charging?
    February 2, 2012
    In the US, the National Transportation Infrastructure Financing Commission's report to Congress will state that a national, distance-based charging is the only long-term solution to the country's infrastructure financing problems. The Commission's Chair, Rob Atkinson, talks to ITS International
    Read More
  • More openness - the simple answer to transport's data issues
    October 22, 2018
    Public transit agencies create a lot of data – but using it constructively to solve transportation issues has been a problem. Ben Winokur and Luke Segars think they have the answer: greater openness. Today, more people are connected through smartphones than ever before - and they’re using them for more than texting and calling. People are searching for jobs on their devices, dating, shopping and even managing their finances. But Forbes reports that only a select few companies leverage all the technology at
    Read More
  • China-Sweden research centre for traffic safety opens
    December 24, 2012
    The China-Sweden Research Centre for Traffic Safety has been officially inaugurated in Beijing, attended by representatives of Volvo Cars and other research partners in the project, including Chalmers University of Technology in Gothenburg, Volvo Group, the Chinese Ministry of Transport's Research Institute of Highway and Tongji University in Shanghai. The governments of Sweden and China will contribute to fund the research centre.
    Read More
  • GridMatrix goes back to the future in New York City
    September 25, 2023
    Legacy traffic management infrastructure doesn’t have to be a marker of the past: software upgrades can bring it into the present in a cost-effective and timely way, says Gordon Feller
    Read More

Highlighted Content