California-based firm Hyperloop Transportation Technologies (Hyperloop TT) could begin commercial services as soon as 2022, if safety standards are in place, according to CEO Dirk Ahlborn. “We need to make sure that the safety standards are in place, that everything is tested and you have your safety records, so it just takes a little to get that done, and of course you have to work with governments around the world to create these safety standards,” Ahlborn said. The company has already received a permit from the California Department of Transportation, which will allow it to build and operate its first test track at California's Spaceport America near Los Angeles. Speaking to CNBC, Ahlborn said the biggest obstacle to hyperloop commercialisation was the lack of a regulatory framework and the time required to create it.
California-based firm Hyperloop Transportation Technologies (Hyperloop TT) could begin commercial services as soon as 2022, if safety standards are in place, according to CEO Dirk Ahlborn. The company has already received a permit from the California Department of Transportation, which will allow it to build and operate its first test track at California's Spaceport America near Los Angeles. Speaking to CNBC, Ahlborn said the biggest obstacle to hyperloop commercialisation was the lack of a regulatory framework and the time required to create it.