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

  • ITS America annual meeting focuses on smart transportation
    January 25, 2012
    ITS America's next Annual Meeting, in Fort Washington in May 2012, is being planned at a turning point for US transportation and the nation's economy. We asked event organising committee chair Connie Sorrell a few pertinent questions on why attending Fort Washington will be essential for all transportation professionals
    Read More
  • ACE report: private sector and user-pay for English roads
    May 16, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report - and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas. Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently-published report Funding Roads for the Future. The 25-page document by the London-based Association for Consultancy and Engineering (ACE) calls for a radical rethink about how to
    Read More
  • P3s offer new options for public transit agencies
    March 28, 2018
    David Crawford welcomes new US guidance on public-private partnerships in the public transit sector. Public-private partnerships (P3s) are becoming increasingly favoured as a means of cost-effectively delivering much-needed public transit projects across the US. Previously, researched examples have tended to be on the large-scale while information on the potential for smaller, more localised schemes has been comparatively sparse. In a bid to fill that gap, the ‘Public Transportation Guidebook for Small
    Read More
  • Driver training saves lives, increases profits, reduces costs
    February 3, 2012
    An innovative UK Government initiative on work-related driver training has resulted in astonishing success, not only in terms of government objectives, but also in substantial cost-benefits for companies and public sector authorities participating in the scheme: they save lives and increase profits/reduce costs Here, we present an overview of the initiative and, overleaf, provide a detailed cost-benefit analysis which amply illustrates why it has been enthusiastically embraced by industry and the public sec
    Read More

Highlighted Content