Tata Steel and TuTr Hyperloop have signed an MoU to collaborate on the development and implementation of large-scale Hyperloop technology, with a focus on key design and material challenges. The Hyperloop is a potential future option for fast, low-cost, and sustainable transportation systems for both passengers and cargo. It consists of key elements such as tubes, pods, propulsion systems, and track, and is designed to be 10 times more energy-efficient than road transport and aviation, while taking up 2-3 times less space than rail and road and enabling shorter travel times than aviation.
As a materials company committed to sustainability, Tata Steel will contribute to finding solutions to critical challenges in the Hyperloop journey through its R&D capabilities and the Tata ecosystem. TuTr Hyperloop, on the other hand, is working to make Hyperloop technology a global benchmark in terms of cost and efficiency, and sees the partnership with Tata Steel as an opportunity to solve materials and design-related challenges and bring Hyperloop closer to becoming a reality.