Home » Startup unveils pod design for $18bn Canadian hyperloop project

Startup unveils pod design for $18bn Canadian hyperloop project

by Sion Geschwindt
Startup unveils pod design for $18bn Canadian hyperloop project

TransPod, a Canadian startup building an ultra-high-speed ground transportation system, has unveiled the FluxJet, a fully electric vehicle that is effectively a hybrid between an aircraft and a train. 

The startup claims to have made “technological leaps” in contactless power transmission and a new field of physics called veillance flux which allows the FluxJet to travel in a protected guideway at over 1000 km/h – faster than a jet and three times as fast as a high-speed train. 

The pod is based on “groundbreaking innovations in propulsion and fossil-fuel-free clean energy systems”, TransPod said in a press release.

The FluxJet will operate exclusively on the TransPod Line, a proposed transport network with stations in key locations and major cities, featuring high-frequency departures designed to enable fast, affordable, and safe travel.

In March, TransPod raised $550m in capital, and announced the next phase of an $18bn (£15.4bn) infrastructure project to build the TransPod Line to connect the cities of Calgary and Edmonton in Alberta, Canada.

Preliminary construction work, including the environmental impact assessment, has begun, the company said.

The project is expected to create up to 140,000 jobs and add $19.2bn to the region’s GDP throughout construction.

Once the TransPod Line is in operation, it will cost passengers approximately 44% less than a plane ticket to travel the corridor and reduce CO2 emissions by 636,000 tonnes per year.

Sebastien Gendron, co-founder and CEO, TransPod, said: “All the hard work over the past few years has led to this milestone moment where talk is becoming a reality. The technology is proven, and we have the confidence of investors, governments, and partners to continue pushing forward to redefine transportation effectively.”

At TransPod’s unveiling event in Toronto, a scaled-down FluxJet was featured in a live demonstration showing its flight capabilities. The almost 1-tonne FluxJet vehicle demonstrated a take-off, travel, and landing procedure within its guideway.

“This milestone is a major leap forward,” said Ryan Janzen, co-founder and CTO, TransPod. “The FluxJet is at a nexus of scientific research, industrial development, and massive infrastructure to address passengers’ needs and reduce our dependence on fossil-fuel-heavy jets and highways.”

Image credits: TransPod

Read next: Brussels backs Hardt Hyperloop with €15m investment

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