An Italian Initiative

An Italian Initiative

February 5, 2020 0 By Looper

One of the most recognizable hyperloop companies has just announced that they are very interested in developing their technology in Italy.

The company in question is Hyperloop Transportation Technologies (HTT). It was founded in 2013 and since then the company has become a global team comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. One of HTT founders, Bibop Gresta, entrepreneur, internationally regarded as a world renowned expert on advanced mobility and an esteemed speaker, is now also a founder of Hyperloop Italia.

Bibop Gresta

Hyperloop Italia, as a branch of HTT, has been created to design and distribute hyperloop technology in Italy. It is also the first company in the world to obtain an exclusive license for the commercial realization of the Hyperloop project.

Apart from Rome-based office of Hyperloop Italia, there is going to be an operational office in Milan as well.

All of that was presented by Bibop Gresta and Dirk Alhborn, CEO and co-founder of Hyperloop Transportation Technologies, during a press conference in Rome. They said that they would like to take advantage of the infrastructure that already exists and build next to it.

Gresta’s plan is to build six hyperloop tunnels along Italian railways and highways. Three of those would be built in the northern and three in the southern part of Italy. His project is already making a commotion and has presidents of Apulia, Basilicata, Sicily, Lombardy, Veneto and Friuli Venezia Giulia interested in it. Hyperloop Italia founder is also in contact with firms like Anas and Ferrovie Nord.

There are also rumours about the possible prices of tickets. Supposedly, the price of a single ticket will be dependent on the number of kilometres, and the travelers could just pay around four dollars per hundred kilometers.

However, in order for this system to be built, the company and the government officials have to make sure that it is feasible. That is why, on February 20 the company will announce on which section a feasibility study will be conducted. There already are some assumptions and the most popular ones involve Bologna-Milan connection which is said to be a better option than a tube connecting Rome and Milan. If Bologna-Milan hyperloop was really going to happen, the estimated travel time needed to get from one city to another would not be more than 10 minutes.