Playa Vista, Calif. — JumpStartFund's Hyperloop Transportation Technologies, Inc. (HTT) announced the filing of construction permits with Kings County to kick off construction activities in Quay Valley. Onsite preparation activities will commence in the coming weeks with principle construction beginning by the end of 2nd quarter 2016. HTT is in the selection process after an overwhelming response to a Request For Interest (RFI) sent to more than 80 companies for the first full-scale passenger-ready Hyperloop installation.

"After over two and a half years of research and development our team has reached another important milestone. This will be the world's first passenger-ready Hyperloop system," said HTT CEO Dirk Ahlborn. "Everyone traveling on California's I-5 in 2016 will be able to see our activities from the freeway."

The onsite preparation includes a geotechnical investigation to determine the placement of pylons which support the tube. Once the ground survey is complete, Hyperloop will immediately perform mapping procedures with drone technology to mark the corridor, pylon positions, and station location. The mapping is needed to calculate both the horizontal and vertical alignments required as part of the building permit.

Leading up to the ground breaking in the second quarter of 2016, HTT will be interviewing contractors to construct the pylons, tubes, capsules and stations for the Quay Valley Track. First optimizations of the completed Hyperloop system are expected by 2017 with a full opening to the public by 2018.

Quay Valley is located on 7,500 acres directly between Los Angeles and San Francisco along California's famous Interstate 5 Freeway. A sustainable model town for the 21st century, Quay Valley is the first urban center to be built with special attention paid to the highest levels of green design standards and resource conservation. Quay Valley is expected to be a 100-percent solar-powered, self-sustaining residential community of 25,000 homes that incorporates cutting-edge technology into a retail, education, entertainment and hospitality infrastructure, generates thousands of jobs, and strengthens the Central Valley's economy — all while protecting the natural resources and beauty of the land.