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

  • Stop the Crash China: Twelve Chinese car brands to install anti-skid technology
    October 19, 2017
    Twelve major Chinese car brands have announced a decision to fit all new models with lifesaving anti-skid technology, electronic stability control (ESC), from January 2018, at this year’s Stop the Crash China event in Shanghai. The announcement came from Besturn, Changan, Dongfeng Fengshen, Geely, Haval, Hongqi, Lynk & Co, MG, Trumpchi, Roewe, Senova, and Wey, who collectively represent 85% of the Chinese manufacturer market.
    Read More
  • International Road Safety Awards: the winners
    March 4, 2019
    Road accidents are a major blight on the world’s highways - but some companies are attempting to stem the tide. David Arminas reports on the annual Prince Michael International Road Safety Awards
    Read More
  • U.S. Undersecretary of Transportation DOT pushes public/private partnerships
    April 22, 2013
    U.S. Undersecretary of Transportation for Policy Polly Trottenberg called for greater public/private partnerships in the transportation industry during her keynote address Monday morning, citing ITS technology as key to cost-efficiently modernizing aging infrastructure in the U.S.
    Read More
  • 2getthere expands driverless system to run on Rotterdam’s public roads
    January 2, 2018
    2getthere will expand its Parkshuttle in Rotterdam region by providing six shuttle vehicles to run autonomously on public roads without a safety steward or driver on board as part of an agreement with the Capelle aan den Ijssel municipality. The project aims to increase regional capacity and will transport 500 passengers per hour in each direction with the first phase operational by next year.
    Read More

Highlighted Content