A $500 million test centre to develop scientific breakthroughs in high-speed hyperloop travel planned for the Gulf will open in West Virginia in the United States.
The UAE-backed Virgin Hyperloop announced it will open a new certification centre to forge global partnerships between governments, regulators, universities and private companies to work on the developing technology.
This milestone is a testament to our technology advancement
Supported by DP World, the hi-tech travel system will carry passengers and freight via floating pods in vacuum tubes at speeds of more than 1,000 kilometres per hour.
“This announcement brings hyperloop technology one step closer to commercialisation,” said Sultan bin Sulayem, chairman of Virgin Hyperloop and CEO of DP World.
“It is poised to transform the Gulf region with the rapid, sustainable, and on-demand transport of passengers and cargo.”
Regulators will use the certification centre, and accompanying six-mile test track, to establish safety standards, while Virgin will test its product and infrastructure.
The announcement builds off significant progress around the world on developing regulations ro ensure the technology is safe to use.
In July 2020, the US Department of Transportation (USDOT) and the Non-Traditional and Emerging Transportation Technology (NETT) Council unveiled the guidance document on a clear regulatory framework for hyperloop in America.
The announcement paved the way for hyperloop regulation and deployment in the country, while establishing hyperloop’s eligibility for federal funding.
Certifying systems to ensure they are safe to use is the first step towards commercial projects, including those in Saudi Arabia, India, and the UAE.
Virgin Hyperloop aims to achieve safety certification by 2025, with commercial operations beginning in 2030.
“This milestone is a testament to our technology advancement,” said Jay Walder, CEO of Virgin Hyperloop.
“The establishment of the HCC enables us to work with the US federal authorities to establish and set global safety and industry standards for the new hyperloop category, which can subsequently be adopted and re-applied in international markets.”
The US plans follows a recent announcement to develop a super-fast route in India from Kempegowda International Airport to Bengaluru - the country's sprawling tech hub.
Virgin Hyperloop has also partnered with Dubai's Roads and Transport Authority to utilise the technology for a high speed link between Dubai and Abu Dhabi, reducing travel times to just 12 minutes.
An agreement has been signed with Abu Dhabi's Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to collaborate on research for the proposed project.
Virgin Hyperloop is one of two international tech firms aiming to bring the ground-breaking travel system to market within a decade.
Hyperloop Transportation Technologies (HyperloopTT) is also pushing ahead with plans at its Research and Development Centre in Toulouse, France, the aerospace capital of Europe.
The Los Angeles based company has developed a 32 metre pilot vehicle called QuinteroOne, that was unveiled to the public in 2018 ahead of extensive testing in France.
In 2019, the company released a comprehensive feasibility study analysing a hyperloop system.
It claimed the system was economically and technically feasible and would generate a profit without requiring government subsidies.
The company has looked at connecting routes in the Great Lakes and between Cleveland and Chicago, as well as in China and the UAE between Al Ain, Abu Dhabi and Dubai.
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
Uefa Nations League
League A:
Germany, Portugal, Belgium, Spain, France, England, Switzerland, Italy, Poland, Iceland, Croatia, Netherlands
League B:
Austria, Wales, Russia, Slovakia, Sweden, Ukraine, Republic of Ireland, Bosnia-Herzegovina, Northern Ireland, Denmark, Czech Republic, Turkey
League C:
Hungary, Romania, Scotland, Slovenia, Greece, Serbia, Albania, Norway, Montenegro, Israel, Bulgaria, Finland, Cyprus, Estonia, Lithuania
League D:
Azerbaijan, Macedonia, Belarus, Georgia, Armenia, Latvia, Faroe Islands, Luxembourg, Kazakhstan, Moldova, Liechtenstein, Malta, Andorra, Kosovo, San Marino, Gibraltar
Global state-owned investor ranking by size
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1.
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United States
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China
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3.
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UAE
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4.
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Japan
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5
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Norway
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6.
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Canada
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7.
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Singapore
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8.
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Australia
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9.
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Saudi Arabia
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South Korea
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FULL%20RESULTS
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VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
UAE currency: the story behind the money in your pockets