LOS ANGELES, July 23 (Bernama-GLOBE NEWSWIRE) —Virgin Hyperloop One, the only hyperloop company in the world to successfully test its hyperloop technology at scale, today announced a development partnership with the Saudi Arabia’s Economic City Authority (ECA) to conduct a study to build the world’s longest test and certification hyperloop track, as well as a research and development center and hyperloop manufacturing facility north of Jeddah.
Today’s announcement took place this week at Virgin Hyperloop One’s Los Angeles headquarters during a visit from a senior delegation of Saudia Arabia’s Economic City Authority, led by Secretary-General Mohanud A. Helal. The study will focus on King Abdullah Economic City (KAEC), located 100 kilometers north of the Red Sea port of Jeddah. The project, which would include a 35-kilometer test and certification track, will create opportunities for the development of specific hyperloop technologies and develop local expertise in Saudi Arabia which be commercialized and scaled. The study will also facilitate the development of localized hyperloop supply chains and the acceleration of innovation clusters across the Kingdom.
