Peter Diamandis
Diamandis will explain his concept during the 6th du CEO Forum at the Dubai World Trade Centre on Monday evening.
Talking to select journalists, he mentioned that it was possible to travel between Dubai and Abu Dhabi in 14.9 minutes through Hyperloop transportation system.
Hyperloop Technologies, Inc. is the world's next breakthrough in transportation, engineering unique transportation solutions worldwide for both cargo and passengers.
Full scale and speed testing will be done next year at 3-4 kilometre area at a number of locations, he explained. "If UAE want, it could be operational before 2020," he added.
Last month, Hyperloop Technologies Inc. announced that Rob Lloyd will join the company as CEO. Lloyd is a 20-year networking technology veteran who was most recently President of Cisco Systems. In addition to assuming the top post as CEO, Lloyd is an investor in the company and will join the board of directors.
Hyperloop Technologies Inc. employs a growing team of over 50 full-time employees occupying over 55,000 sq.ft. at the company's three-acre, three-building campus in the downtown Los Angeles Arts District.
abdulbasit@khaleejtimes.com