Canada’s Alberta Government supports the development of TransPod’s 1,000km/h hyperloop transportation system to connect Edmonton and Calgary. Credit: TransPod via Business Wire.

TransPod has signed a memorandum of understanding (MoU) with Canada’s Alberta Government to undertake early works related to the development of a potential hyperloop system between Edmonton and Calgary.

As agreed, Alberta Transportation will support TransPod to carry out a further feasibility study for the development of hyperloop technology in Alberta.

Alberta Transportation will also provide the company with available transportation data to support the feasibility study, identify suitable land for a test track, and take part in discussions with potential large institutional investors where suitable.

However, the government did not make any financial commitments or endorsements for the project.

TransPod seeks to develop an ultra-high-speed transportation system where pressurised vehicles travel in a low-pressure tube environment. The system aims to enable passenger and cargo movement at a speed of up to 1,000km/h.

The feasibility study in Alberta is scheduled to complete in 2022, following which, the test track is expected to be built to carry out high-speed tests.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The construction of a full inter-city line between Edmonton and Calgary will begin in 2025.

Alberta Transportation Minister Ric McIver said: “Alberta’s government is supporting new and exciting opportunities for job creation and innovation.

“By supporting TransPod’s feasibility study, Alberta Transportation will provide important information contributing to the research, development, testing, and construction of a full inter-city TransPod line between Edmonton and Calgary. We look forward to seeing this work put Alberta at the forefront of the movement of goods and people.”

If implemented, the hyperloop system will create up to 38,000 jobs over ten years in the province.

It will also help in reducing carbon emissions in the province and diversify the economy.