Skip to main content

Hyperloop Transportation Technologies adds key industry partners

JumpStartFund's Hyperloop Transportation Technologies (HTT) has added key industry partners to the core team working on the full scale hyperloop. Oerlikon, AECOM, and Hodgetts & Fung are all providing key technological and infrastructure support to the HTT as they head towards a groundbreaking in 2016 in Quay Valley California. "Our team continues to grow and, along with these new alliances, is representative of the collaborative spirit of HTT and are key to our success in breaking ground in 2016," said
August 21, 2015 Read time: 3 mins
JumpStartFund's Hyperloop Transportation Technologies (HTT) has added key industry partners to the core team working on the full scale hyperloop. Oerlikon, 3525 AECOM, and Hodgetts & Fung are all providing key technological and infrastructure support to the HTT as they head towards a groundbreaking in 2016 in Quay Valley California.

"Our team continues to grow and, along with these new alliances, is representative of the collaborative spirit of HTT and are key to our success in breaking ground in 2016," said Dirk Ahlborn, CEO of HTT.

(HTT) was founded in November 2013, using JumpStartFund, a crowdfunded and crowdsourced platform that uses collective knowledge and collective assets to make ideas like Hyperloop a reality. Consisting of over 400 professionals, it has attracted top talent from companies like Nasa, Boeing Airbus, SpaceX, Tesla and many alike as well created partnerships and sponsorships with several top universities and companies.

The company completed the feasibility study in December 2014 and struck a deal with land owners in California's Central Valley, giving HTT easement for the first five-mile full-scale passenger transport system. HTT is a company that is using crowdsourcing to receive input from the community and general public through crowdstorm activities on JumpStartFund, a first for a project of this scale and nature.

"We are proud to be a part of this exciting and groundbreaking project while delivering our vacuum know-how for this concept and thus to facilitate the Hyperloop vision to become reality. Here is a chance to have the best minds in the world working together on an idea for the future. As a pioneer of vacuum technology, this is a very special obligation for us, and our staff welcomes this challenge especially," explains Dr Martin Fuellenbach, CEO of Oerlikon Leybold Vacuum. "We contribute in delivering our extensive expertise, as well as the necessary calculations and technology to create and maintain the partial vacuum that is needed to reach such high speeds."

"HTT's technology is very exciting and could have a significant impact on transportation infrastructure in the future," Andrew Liu, vice president of New Ventures at AECOM said. "AECOM is the industry's leading engineering design firm, and HTT's approach to addressing transportation challenges is consistent with our focus on delivering innovative solutions that positively impact the communities we serve."

"Working with HTT to help make the Hyperloop a reality is an inspiring journey as we together share a vision to transform transportation, and with it, to transform neighbourhoods, relationships and the way business is done," said Craig Hodgetts of Hodgetts & Fung Architects. "I, along with many others, believe it will be a reality before this century begins its full third decade."

For more information on companies in this article

Related Content

  • World Congress celebrates coming of age in Detroit
    September 7, 2014
    This is the 21st ITS World Congress and as Scott Belcher, President and CEO of ITS America, puts the event in its wider context, it’s clear that ITS has come of age
  • Jenoptik sees value in international outlook
    June 13, 2024
    Technology is always changing in the traffic management sector. Tobias Deubel of Jenoptik talks to Adam Hill about the past, the future – and the importance of global partnerships
  • Future for connected cars ‘looks promising, but obstacles remain’
    October 19, 2016
    A new report released today by The Economist Intelligence Unit (The EIU) highlights that the huge investment already going into research and development for connected vehicles is reaping rewards. However, several obstacles still remain – from privacy and security concerns, to a lack of infrastructure, the need for a legislative framework, issues around congestion and pollution and the very real threat from on-demand transport disruptors such as Uber and Lyft. Matt Kendall, telecoms analyst at The EIU, sa
  • IBTTA: tolling embraces future of mobility
    August 15, 2019
    The future of mobility is a complex and changing topic. The IBTTA’s Bill Cramer finds the tolling industry is asking new questions – and finding some surprising new answers