This week, startup Hyperloop Transportation Technologies (otherwise known as HyperloopTT) announced that it would start building a commercial Hyperloop track as well as an "XO Square Innovation Center" and a "Hyperloop Experience Center" in Abu Dhabi, capitol municipality of the United Arab Emirates. Construction will embark in the third quarter of 2019, HyperloopTT claimed.
The news seems to extend an try-on made public in April. That's when HyperloopTT and a state-controlled real-estate developer spoken the vanquishment of a construction site where a six-mile (10km) commercial track would be built from Abu Dhabi, with the hopes of reaching Dubai.
HyperloopTT and its competing startup, Virgin Hyperloop One, have attracted $31.2 million and $196.2 million in investment, respectively. Both startups regularly self-mastery feasibility studies for hyperloop systems in locations wideness the globe, and they signify agreements with governments eager to mazuma in on hyperloop's theoretical potential.