The 2019 EIT Public Award winner will join fellow pioneer hyperloop companies Hardt, Hyperloop One, Hyperloop Transportation Technologies, Nevomo, TransPod, and Swisspod Technologies to form “The Hyperloop Association”.
The constitutive act of the association was signed on 14 December 2022 and the royal decree establishing the association is expected in the next weeks, followed by an official announcement of the association.
Hyperloop is a high-speed transportation system consisting of autonomous, fully-electric pods levitating at high speed in a low-pressure environment. Hyperloop will significantly cut passenger and cargo journey times between locations and will be more energy efficient and sustainable than any current mode of mass transportation.
The Hyperloop Association aims to stimulate the development and growth of this new market. It will help institutes collaborate with government and regulatory agencies on transportation policymaking. As a united entity representing the hyperloop industry, the newly formed association’s main goals will be to:
● Serve as the point of entry for the sector, positioning itself as the go-to organisation for all hyperloop-related matters
● Represent, advocate for, elevate, and defend its members’ interests in all hyperloop endeavors
● Leverage its expertise to provide guidance and insights to decision-makers and stakeholders on hyperloop and associated topics
Based in Brussels, the Hyperloop Association will work closely with the European Commission, the European Parliament, Europe's Rail Joint Undertaking, industry value chain stakeholders, research centers, and academia to make progress on hyperloops across Europe and the world.
The Hyperloop Association will be represented by Ben Paczek, CEO and co-founder of Nevomo, who was elected as the inaugural President of the organisation.
In the upcoming months, we expect major developments in the hyperloop space. The European Commission will initiate the work on the hyperloop regulatory framework, which is a significant milestone for the industry, not just in Europe but worldwide. The Hyperloop Association is looking forward to collaborating with European and international institutions ,as well as industry stakeholders, on this landmark occasion and showcasing hyperloop technologies as a feasible cutting-edge, safe, and environmentally sustainable mobility solution of tomorrow.
Ben Paczek, CEO and co-founder of Nevomo
The Hyperloop Association welcomes corporations, public and private entities, and non-profit organisations that play a role in the hyperloop industry’s value chain to join as members. Its founding members aim to promote inclusiveness and strong collaboration among industry experts, research and development entities, and academia.