Hyperloop Transportation Technologies announced the signing of an agreement with the Ukrainian Ministry of Infrastructures.
After an initial trade agreement in Abu Dhabi, Ukraine was next to be seduced by Hyperloop technology and its system for transporting passengers and goods at unprecedented speeds. The country wishes to set up the first European commercial line, while defining the legal and regulatory framework for its territory.
"This year, we started the commercialization of our technology with a focus on creating regulations which are the biggest hurdle remaining to bring this new mode of transportation to the world," explains Dirk Ahlborn Chief Executive of HyperloopTT.
The Ukrainian Minister of Transport, Volodymyr Omelyan will work alongside the National Academy of Sciences of Ukraine, the national defence conglomerate Ukroboronprom, the aircraft manufacturer Yuzhmash, and several other industrial and scientific institutions.
The Minister said: "We have set course to bring Ukraine's infrastructure into the 21st century. Hyperloop is a key component to our goals of creating a smart and sustainable transportation infrastructure.”
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