Hyper Poland – another company to crowdfund itself

Hyper Poland – another company to crowdfund itself

March 25, 2019 0 By The Tubist

Hyper Poland is one of the two companies operating from Poland, next to EUROLOOP, which originated from the Elon Musk’s Hyperloop Pod Competition.

Right now, they plan to implement their concept for the transportation industry:

“Hyper Poland aims to develop a disruptive upgrade for the railway industry – fully autonomous, electric vehicles for goods and passengers that can travel at ultra-high speeds of over 1,000 kph (620 mph) on specially designed infrastructure by using magnetic levitation and low-pressure environment.

Our technology is inspired by the Hyperloop – envisioned by Elon Musk as a hybrid of railways and aviation. But while some see it as a disruptor for both industries, we consider it to be the ideal upgrade for existing railways.”

The company’s strategy is based on three steps:

As visible in the picture, Hyper Poland wants to put a maglev track on the existing railway track and create the so called Magrail. In the second stage build up the Vacuum Cover around it and pump out the air to create what they called a Hyperrail.  The final step is to build the full Hyperloop system using technology developed in the previous stages.

To put their words into action, Hyper Poland established a crowdfunding campaign, where they aim to raise the funds of €200k.

“We aim for our technology to be compatible with existing railway corridors, thus we expect that it will significantly reduce construction costs and regulatory risks. With our three-stage approach (magrail – hyperrail – hyperloop), we believe that we can considerably shorten the time-to-market compared to an instantaneous Hyperloop implementation and allow railway operators to gradually transition their business.” says the capaign pitch.

Hyper Poland hopes, that due to their commercialization strategy, the first stage (magrail) will be implemented in 2022.

It is interesting to see yet another approach how to develop Hyperloop in a way which enables short Time to Market. According to their crowdfunding campaign, Hyper Poland plans to license its technology to bigger more established players in the market. We will see whether the railway industry will find this approach useful.