Wednesday, January 18, 2017

Hyperloop Transportation Technologies In Exploratory Deal With Czech City

Playa Vista-based Hyperloop Transportation Technologies (HTT), one of the Los Angeles companies working on technology to bring Elon Musk's concept of a high speed transportation system to market, said this morning that it has signed an "exploratory agreement" with the city of Brno, Czech Republic. HTT said that the agreement will explore feasibility of a Hyperloop system to connect Brno and Bratislava, Slovakia, as well as a "vision" for connecting the city to the Czech capital of Prague. HTT did not detail any of the financial aspects of the deal. HTT is led by Dirk Ahlborn, and is a spinout of crowdfunding platform JumpStartFund. The company is separate and different from the other, Los Angeles HyperLoop company, HyperLoop One, which is based in downtown Los Angeles.

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