Hyperloop Ones Vision for Europe Summit: Unveiling 9 Routes Spanning the Continent as Part of its Global Challenge

Hyperloop One Offers Europes Transport Grid an Option that is More
Efficient, Greener, On-Demand and Faster

Routes Include: Germany, Estonia-Finland, Spain-Morocco, Corsica-Sardinia,
The Netherlands, Poland, UK Scotland-Wales, UK Northern Arc and UK
North-South Connector

AMSTERDAM, June 6, 2017 - Executives from Hyperloop One joined European
dignitaries and policymakers today at its Vision for Europe summit to discuss
transforming transportation across the continent with Hyperloop. Hyperloop Ones vision
for Europe creates economic unification to provide better options for people living
outside of economic centers and large cities; increases capacity of strategic
corridors sustainably to develop city-to-city connections within commuting range,
enabling a thriving, greener mega-region; and offers next generation logistics to
facilitate fast, reliable and clean movement of goods.
With Hyperloop One, passengers and cargo are loaded into a pod and accelerated
gradually via electric propulsion through a low-pressure tube. The pod quickly lifts
above the track using magnetic levitation and glides at airline speeds for long distances
due to ultra-low aerodynamic drag. It is designed for higher energy efficiency per
passenger mile than traditional modes of transport, curbing emissions and fuel
consumption. By the end of 2017, Hyperloop One will have a team of 500 employees
dedicated to bringing the technology to life.
Nine potential European routes were unveiled for the Hyperloop One Global Challenge
at the event. The proposed routes will connect over 75 million people in 44 cities,
spanning 5,000 kilometers. They were presented as part of the all-day summit that
included a panel discussion around the economic advantages of Hyperloop and a
keynote address from Dutch Minister of Infrastructure and the Environment, Melanie
Schultz van Haegen.
“Europe embraces new ideas in transportation like no other region in the world and is
uniquely positioned to take the next great leap in transportation with Hyperloop One,”
said Shervin Pishevar, co-founder and Executive Chairman of Hyperloop One. “Our
vision is to, one day, connect all of Europe with our Hyperloop One system, networking
the entire continent.”
“For Europe, Hyperloop One technology is complementary to existing highways, rails,
ports and overall infrastructure,” said Rob Lloyd, Chief Executive Officer of Hyperloop
One. “Hyperloop One will offer Europes transport grid with an option that is more
efficient, greener, on-demand and faster. We have seen a lot of interest here, and we look
forward to creating a partnership to enhance the continents transport infrastructure.”
“Hyperloop One is the only company in the world that has built a fully functioning
Hyperloop system test track,” said Hyperloop One co-founder and President of
Engineering Josh Giegel. “For the last two years, our team of nearly 200 engineers,
technicians and fabricators developed our technology and transformed a stretch of
desert in the U.S. into a working test track that proves we can build a Hyperloop system
anywhere in the world. We are looking forward to showcasing our technology and believe
that Europe is the perfect region for one of the worlds first Hyperloop systems.”

The Hyperloop One Global Challenge

The Hyperloop One Global Challenge kicked off in May 2016 as an open call to
individuals, universities, companies and governments to develop comprehensive
proposals for deploying Hyperloop Ones transport technology in their region. 9
European proposals have advanced to the semi-final round of the Hyperloop One
Global Challenge of more than 2,600 participants initial submissions.
Proposed routes would greatly reduce passenger and cargo transport times across
some of the continents most heavily trafficked regions.
The global challenge expert panel comprises: Peter Diamandis, Founder and Executive
Chairman of the XPRIZE Foundation; Bassam Mansour, International Railway Industry
Advisor and Director of Rail Systems at HSS Engineers; Clive Burrows, Group
Engineering Director for FirstGroup; Ulla Tapaninen, Senior Specialist in Economic
Development for the City of Helsinki and adjunct professor at University of Turku.

Vision for Europe Conference

In addition to new details on the European routes, the event in Amsterdam featured a
roundtable of speakers discussing the future of transportation that included former
Mayor of Londons Deputy Manager for Transport, Isabel Dedring; Partner Norton Rose
Fulbright and global head of Financial Investors Group, Chris Brown; and the CEO
of Finland Chamber of Commerce and Secretary General of European Business
Leaders Convention, Risto Penttilä.
For more information on Hyperloop One, please visit www.hyperloop-one.com.

About Hyperloop One

Hyperloop One is reinventing transportation by developing the worlds first Hyperloop,
an integrated structure to move passengers and cargo between two points immediately,
safely, efficiently and sustainably. Our team has the worlds leading experts in
engineering, technology and transport project delivery, working in tandem with global
partners and investors to make Hyperloop a reality, now. Headquartered in Los
Angeles, the company is led by CEO Rob Lloyd and co-founded by Executive
Chairman Shervin Pishevar and President of Engineering Josh Giegel. For more
information, please visit www.hyperloop-one.com.