Los Angeles — Hyperloop One, the only company in the world that has built a full-scale Hyperloop system, announced Colorado as one of the 10 winners of its Hyperloop One Global Challenge to identify the strongest new Hyperloop routes in the world. Hyperloop One and the Colorado Department of Transportation (CDOT) —with support from AECOM — will enter a public-private partnership to begin a feasibility study in Colorado that considers a Front Range route from Cheyenne to Pueblo.
Following a close assessment of the proposals by a panel of experts in infrastructure, technology and transportation, ten teams from five countries were chosen from among hundreds of applicants. Hyperloop One will commit meaningful business and engineering resources and work closely with each of the winning teams/routes to determine their commercial viability.
“We are excited to partner with Hyperloop One in exploring the next step of feasibility of this innovative technology, potentially transforming how Colorado moves,” said Shailen Bhatt, CDOT executive director. “The Hyperloop technology could directly align with our goals of improving mobility and safety in Colorado, and we have been encouraged by the continued progress the technology is taking.”
“The Hyperloop One Global Challenge started as a call to action for innovators, engineers, trailblazers and dreamers around the world who shared our vision of creating a new mode of transportation,” said Shervin Pishevar, co-founder and executive chairman of Hyperloop One. “The Global Challenge became a movement of thousands of people from more than 100 countries over six continents. Like us, they believe that Hyperloop will not only solve transportation and urban development challenges within communities, it will unlock vast economic potential and transform how our cities operate and how we live. Our successful test this summer made Hyperloop a reality, and now we’re ready to bring our Hyperloop system to the world.”
Supported by AECOM, Hyperloop One and CDOT, will enter a public-private partnership to start a feasibility study that examines transportation demand, economic benefits, proposed routes and potential strategies, regulatory environments and alignment with overall CDOT high-speed travel, rail and freight plans.
The Hyperloop One Global Challenge kicked off in May 2016 as an open call to individuals, universities, companies and governments to develop comprehensive proposals for deploying Hyperloop One’s innovative transportation technology in their region. The winning teams/routes were chosen based on specific criteria including well-defined routes and implementation strategies, key stakeholder involvement from public and private sectors, compelling business cases, and innovative and creative applications of a Hyperloop system.
“The results of the Hyperloop One Global Challenge far exceeded our expectations,” said Rob Lloyd, CEO of Hyperloop One. “We had tremendous interest in this competition, and these ten teams each had their unique strengths in showcasing how they will alleviate serious transportation issues in their regions. We’re also excited about the partnership with CDOT and AECOM, which was a direct result of the Global Challenge and a testament to the power of open innovation. This is unprecedented and demonstrates how quickly the public-private sectors can partner to make Hyperloop systems a reality around the world. Studies like this bring us closer to our goal of implementing three full-scale systems operating by 2021.”