PLAYA VISTA, Calif., July 28, 2016 /PRNewswire/ -- Jumpstartfund's Hyperloop Transportation Technologies, Inc. (HTT) has agreed to collaborate with Deutsche Bahn to create an "Innovation Train": a conventional train that will use new technologies being developed by HTT for the Hyperloop to increase efficiency and bring a modern digital presence to today's train transportation.
HTT's unique approach to creating the Hyperloop system has led to the development of additional technologies such as augmented reality windows and a digital ecosystem through its community. These developments will supplement the train technology Deutsche Bahn is known for building around the world. The partnership is part of HTT's goals of making transportation enjoyable and profitable again by implementing more forward-thinking technologies into traditional ones.
The project, which starts next week, will utilize Hyperloop Transportation Technologies crowdsourcing and community collaboration, while implementations will be financed by Deutsche Bahn. The project is broken down into phases including research, usage scenarios, design concepts, design finalization and implementation. The train will be ready for passengers to test the new technologies by the beginning of 2017. More information about how to collaborate on the project can be found at hyperloop.global.
"One of the biggest issues in public transportation is the need for public subsidies," said Dirk Ahlborn, HTT CEO. "New technologies and new ideas, can create a better passenger experience while solving these issues through new monetization strategies and business models, with the Hyperloop and all other forms of transportation."
"We have combined our strong development capabilities for digital technology with Hyperloop Transportation Technologies in order to integrate new ideas and innovative prototypes into our local passenger train service," said Christoph Kraller, managing director of the SOB. "The creation of a digital travel companion in cooperation with Hyperloop continues our steady progress forward."
"We see this partnership as a validation of the technology we're developing and as proof that the nature of our business model is working," said HTT Chairman Bibop Gresta. "Our company structure lends itself to more collaborative partnerships that are attractive to forward-thinking organizations like Deutsche Bahn."
HTT Digital Press Kit available here.
About Hyperloop Transportation Technologies, Inc.
Founded in 2013 by JumpStarter Inc. utilizing JumpStarter's crowd collaboration platform, Hyperloop Transportation Technologies, Inc. (HTT) designs, manufactures and builds the most highly profitable, fastest, safest, environmentally friendly transportation system for passengers and goods. HTT leverages technology and a team of more than 520 global experts to bring disruptive innovation to the traditional transportation industry. Hyperloop first gained public interest when entrepreneur Elon Musk published a detailed white paper describing a futuristic mode of transport that would move people from Los Angeles to San Francisco in about 30 minutes. Musk handed the concept to the public asking for entrepreneurs to take over its development while he focused on his existing projects. Hyperloop Transportation Technologies rose to the challenge.
About Deutsche Bahn
Deutsche Bahn is the largest railway operator and infrastructure owner in Europe and carries about two billion passengers each year. DB Group offers globally mobility and logistical services and operates in over 130 countries worldwide. Every day, more than 300,000 employees, of which about 195,000 are located in Germany, are committed to ensuring that customers are provided with mobility and logistical services and that the related rail, road, ocean and air traffic networks are operated and controlled efficiently.
Hyperloop™ is a tube-based transportation system for inter- and intra-city transport. The removal of air in a tube allows for high speed capsule transport. The system maintains passenger comfort while accelerating capsules safely to 760 mph. Hyperloop uses a combination of alternative energy and conservation techniques such as photovoltaics, wind, kinetic, regenerative braking, and geothermal power to ensure sustainability and low cost. This suite of energy sources combined with an accelerated, low-cost build enables Hyperloop to develop rapidly and generate sustainable profitability, unlike most other transportation modalities.
SOURCE Hyperloop Transportation Technologies Inc