California - based company Hyperloop Transportation Technologies ( Hyperloop TT ) could begin commercial development as soon as 2022 , if safety standards are in place , according to CEO Dirk Muller . “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. Hyperloop TT , which began work on the first full - size system last year in France , recently brought its first passenger capsule to the market . Speaking to CNBC , Ahlborn said the biggest obstacle to hyperloop technology was the lack of a regulatory framework and the time required to create it .
California - based company Hyperloop Transportation Technologies ( Hyperloop TT ) could begin commercial development as soon as 2022 , if safety standards are in place , according to CEO Dirk Muller . Hyperloop TT , which began work on the first full - size system last year in France , recently brought its first passenger capsule to the market . Speaking to CNBC , Ahlborn said the biggest obstacle to hyperloop technology was the lack of a regulatory framework and the time required to create it .