Hyperloop One has revealed the first images of its Nevada Desert Development Site, DevLoop, where a 500m-long, 3.3m-wide Hyperloop prototype has now been built.
“While technology is revolutionising many facets of our lives, we have not seen a radical change in transportation since the Wright brothers introduced air travel over 100 years ago,” said Rob Lloyd, chief executive officer of Hyperloop One.
“Tying together the Middle East region would produce greater virtual density, without congestion and pollution, spurring innovation, productivity, job growth and more powerful sharing of knowledge, labour, and investment. Building a Hyperloop would vastly impact the economy and make any major city in the GCC accessible within one hour.”
The Hyperloop concept is theoretically safer than a passenger jet. Its proponents claim that the system could be built at half the cost required for the development of a high-speed rail line, and state that its energy usage is similar to that of a bicycle per kilogram-kilometre.
According to the company’s calculations, reducing the Abu Dhabi and Dubai commute to 12 minutes with an investment in a UAE Hyperloop network could unlock economic value 3.5 to four times greater than high-speed rail.
Not only would a Hyperloop system benefit the GCC economically, but socially, by facilitating easier access to both critical social infrastructure and recreational facilities, effectively creating a UAE pan-urban area within a 30-minute Hyperloop reach between Abu Dhabi, Dubai and Al Ain, the company added.