Toronto, Canada – May 19, 2016 – TransPod, the startup that is building the world’s leading hyperloop system to disrupt and redefine commercial transportation, today announced a partnership with Mersen, a global expert in electrical power and advanced materials, to develop new cooling technology designed specifically for transportation in a vacuum environment.
The collaboration will allow Mersen to work closely with TransPod’s engineering team to produce a commercially viable hyperloop system by 2020. Mersen will provide expertise and testing facilities for the development of a coolant system that effectively counteracts the heat produced by the hyperloop pod’s requirements for air compression, without reducing the pod’s speed and efficiency.
“Our current options for transportation are expensive, slow, and environmentally harmful,” said Sebastien Gendron, founder and CEO, TransPod. “With hyperloop, we will be able to connect people, cities, and businesses with high-speed transportation that is affordable and sustainable so we can travel further in less time, speed up the exchange of goods, and create opportunities for in-city growth. This partnership leverages Mersen’s leading-edge capabilities to make this a reality.”
“Here at Mersen, we are committed to innovation and clean technology,” said Luc Themelin, CEO of Mersen. “TransPod’s design and engineering approach to hyperloop technology combined with Mersen expertise could make hyperloop a reality. We are confident this partnership will enable us to innovate in the areas of transportation and climate-change mitigation.”
TransPod has already designed a first half-scale prototype and will present a full-scale concept at the InnoTrans Rail show in September 2016 in Berlin.
About TransPod
TransPod’s goal is to disrupt and redefine commercial transportation between major cities in developed and emerging markets. The startup was founded in 2015 to build the world’s leading hyperloop system to connect people, cities, and businesses with high-speed transportation that is affordable and environmentally sustainable. TransPod is headquartered in Toronto, Canada. For more information, visit www.TransPod.ca.
About Mersen
Global expert in electrical power and advanced materials, Mersen designs innovative solutions to address its clients’ specific needs to enable them to optimize their manufacturing performance in sectors such as energy, electronics, transportation, chemicals & pharmaceuticals and process industries.
Mersen, with its 6,400 employees working across 35 countries, recorded sales of 772 million euros in 2015.
For more information, contact:
Dianna Lai
Director, Communications
TransPod Inc.
dianna.lai@TransPod.ca
Many of you probably know that one of the most crucial steps in running a…
New EPA updates regarding emissions regulations have many vehicle fleet operators wondering not if but…
The blockchain industry is set to benefit from a new collaboration between the University of…
The NTT Research Foundation announced this month a gift to establish the Harvard University Center…
Welcome back business owners, marketing professionals, and anyone interested in harnessing digital analytics for business…
Pitbull Ventures, the early-stage venture capital firm founded by prominent investor Brad Zions, today announced the…