Hyperloop Transportation Technologies has signed a deal to develop a track in China

[Polycount]

High-speed Hyperloop travel technology is quickly becoming a reality. Companies across the world, from the likes of SpaceX's Hyperloop to Hyperloop One, are signing deals with various countries, states, and regions to begin development of Hyperloop routes.

The latest company to do so is the Hyperloop Transportation Technologies (Hyperloop TT). As reported by Engadget, the company has officially signed an agreement to begin development of a Hyperloop track in Guizhou, China. This news marks the first time a Hyperloop company has managed to make a deal to develop in China.

The last region the organization made a deal to develop for was Abu Dhabi, the capital of the United Arab Emirates. However, that track won't be finished until sometime in 2020, and Hyperloop TT clearly isn't waiting around for that day to come.

Naturally, there are a few strings attached to the organization's latest venture. Specifically, Hyperloop TT will be required to open up a Chinese branch.

However, any expenses Hyperloop TT incurs in doing so will likely prove worthwhile in the end - much of the labor, testing, and 50 percent of the track's financing will come from Guizhou's governing body and its citizens.

The upcoming Hyperloop will be commercial in nature, with Hyperloop TT hoping to eventually ferry customers along a 10km (6.2 miles) track, which is the same length as the company's planned Abu Dhabi development.

As exciting as this news is, it's not clear when the track will be finished, nor do we even know when work will begin.

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https://www.techspot.com/news/75582-hyperloop-transportation-technologies-has-signed-deal-develop-track.html

 

[Lionvibez]

So since china will be stealing all their IP.

I expect to see a Chinese version in about 4-5 years.

 

[VitalyT]

Because you can fit in a lot more Chinese into that tuna can than Americans, who may get stuck getting through that door.

 

[cliffordcooley]

I should have figured China would benefit first.

 

[Bluescreendeath]

Impractical, expensive, and potentially dangerous technology. One crack in the loop and the whole thing hundreds or thousand mile tube depressurizes. One earthquake that throws off the loop by an inch and the whole thing is kaput. One terrorist with a small home made bomb can put it anywhere along the fragile tubing track and destroy the entire system. Any small error or disaster and the folks traveling at supersonic speeds inside the tube will get turned into jelly.

 

[Peter Farkas]

Impractical, expensive, and potentially dangerous technology. One crack in the loop and the whole thing hundreds or thousand mile tube depressurizes. One earthquake that throws off the loop by an inch and the whole thing is kaput. One terrorist with a small home made bomb can put it anywhere along the fragile tubing track and destroy the entire system. Any small error or disaster and the folks traveling at supersonic speeds inside the tube will get turned into jelly.

I would like to think these are the challenges that such an innovation has to face during introduction. With time technology will develop and many risks will be mitigated properly.
I won't be the first trying it out though... )))