Welcome to the future! TransPod, a Canadian hyperloop company, just signed an agreement with the government of Alberta. Together, they will advance the 1,000 km/h train system plan to connect Calgary and Edmonton and turn this otherwise long car ride into a 30-minute commute. See the video below.
Imagine the possibilities!
As futuristic as it may sound, it’s now a plan in action that will also bring thousands of jobs to the province of Alberta.
Although it’s a ‘train’ it doesn’t run on rails. Instead, the system uses magnets in a vacuum-sealed tube making the pods travel about 1,000 km/h.
Alberta has not promised any public funding, but has given TransPod 10 km of land to build a test track costing about $500 million.
The actual finished hyperloop train system would cost between $6 -$10 BILLION!
Of course, there’s lots of testing and construction would only start in about 5 years from now, but it’s great to have the provincial government on board.