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

  • Bringing AI into ITS: Artificial realities
    May 21, 2025
    AI can have a positive transformative effect on transportation safety and efficiency – but if you want creativity you still need a person, says Huawei
    Read More
  • Cost benefit goes under the microscope
    August 21, 2017
    Conventional cost benefit analysis (CBA) of plans for urban smart mobility initiatives needs serious rethinking, according to a recently-completed European study. The three-year Evidence Project (the Project) emerged in response to concerns about the availability and quality of documented research – including CBA – required to prove that investment in sustainable urban mobility plans (SUMPs) can be economically beneficial. Covering 22 sectors ranging from electric vehicles to shared spaces, the Project clai
    Read More
  • CCAM innovation at ITS World Congress 2021
    September 27, 2021
    We live in an era of increasingly cooperative, connected and automated mobility (CCAM) but there’s still a huge way to go - visitors to ITS World Congress in Hamburg will be able to see projects, innovations and real-life solutions showcased in the city
    Read More
  • Enforcement a key part of the road safety solution
    January 31, 2012
    The Partnership for Advancing Road Safety is a new organisation set up in the US to push the national debate on speed and intersection safety, something which hitherto has been absent. Here, executive director David Kelly explains the organisation's work. With moves to address drink/drug driving and the wearing of seatbelts starting to prove successful in the US, the use of inappropriate speed and poor driving at intersections have become responsible for a proportionately greater number of the deaths and in
    Read More

Highlighted Content