ABU DHABI — The Technology Innovation Institute (TII), the dedicated  ‘applied research’ pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), and Virgin Hyperloop (VH), the leader in hyperloop development, today announced their collaboration on research, innovation and localisation of the futuristic transportation method.

The agreement was signed by His Excellency Faisal Al Bannai, Secretary General of ATRC; and Sultan Bin Sulayem, Group Chairman and CEO of DP World and Chairman of Virgin Hyperloop, during a virtual ceremony.

Transporting passengers and goods at speeds exceeding 1,000km/h, hyperloop is a completely new form of transport with the ambition to become the most sustainable means of mass transportation. Technology Innovation Institute and Virgin Hyperloop will explore research for hyperloop systems on TII’s premises, including pulsed power and magnetic levitation technologies and material sciences, which are key to developing the next-generation transport system.

Technology Innovation Institute has seven initial dedicated research centres in quantum, autonomous robotics, cryptography, advanced materials, digital security, secure systems, and directed energy. The partnership will involve cooperation between three of TII’s research centres; Directed Energy Research Centre (DERC), Autonomous Robotics Research Centre (ARRC) and Advanced Materials Research Centre (AMRC).

His Excellency Faisal Al Bannai, Secretary General of ATRC, said: “As the R&D ecosystem in Abu Dhabi and the UAE continues to evolve at a rapid pace, particularly with the formation of the ATRC and TII, we are proud to partner with Virgin Hyperloop to achieve global breakthroughs in transportation, AI, and sustainable energy solutions. Advanced technology allows us to progress every aspect of life and collaborations with industry partners like Virgin Hyperloop help leverage it for the greater good.”

Sultan Ahmed Bin Sulayem, Chairman of Virgin Hyperloop and Group Chairman and CEO of DP World, said: “The collaboration between Technology Innovation Institute and Virgin Hyperloop will strengthen the position of the United Arab Emirates as a global research hub. We are one step closer to ushering in a new era of ultra-fast, sustainable movement of people and goods.

Hyperloop is a cutting-edge technology that will drive entrepreneurship and leadership in the transportation space through the partnership with TII. This in turn will provide opportunities for economic growth through the creation of a strong R&D hub in line with the country’s vision”.

Technology Innovation Institute aims to help create a better world by developing the most advanced, disruptive technological innovations. Examples of research within its centres include autonomous robotics for a demand responsive platform, materials for sustainable infrastructure, future autonomous robotics systems, energy saving innovations, and digital security and communications for hyperloop systems.

Virgin Hyperloop has been making major strides in advancing this new form of mass transportation. In November, transportation history was made when Virgin Hyperloop tested human travel in a hyperloop pod for the first time. Dubai-based leading global provider of smart logistics solutions, DP World, has made this milestone possible through a multi-million-dollar investment for the research and development of hyperloop technology.

Virgin Hyperloop’s Managing Director of the Middle East and India, Harj Dhaliwal, who attended the virtual ceremony, said: “Abu Dhabi’s thriving technology sector will provide a perfect location as we look to advance hyperloop technology and foster successful public-private partnerships with key organisations within the ecosystem. We are happy to support this opportunity for Abu Dhabi and the UAE to lead in innovative transportation and export that knowledge across the world.”

The partnership not only creates an opportunity for a research hub but also provides Abu Dhabi with a first mover advantage on a passenger and cargo system. A hyperloop network in the Arabian Gulf region could move up to 45 million passengers per year, powered by solar panels covering the tube.

-Ends-

About Technology Innovation Institute (TII)

Technology Innovation Institute (TII), the dedicated ‘applied research’ pillar of Advanced Technology Research Council (ATRC), is a pioneering global research and development centre that focuses on applied research and new-age technology capabilities. The Institute has seven initial dedicated research centres in quantum, autonomous robotics, cryptography, advanced materials, digital security, directed energy and secure systems. By working with exceptional talent, universities, research institutions and industry partners from all over the world, the Institute connects an intellectual community and contributes to building an R&D ecosystem in Abu Dhabi and the UAE. The Institute reinforces Abu Dhabi and the UAE’s status as a global hub for innovation and contributes to the broader development of the knowledge-based economy.

For more information, visit www.tii.ae 

About Advanced Technology Research Council (ATRC)

Advanced Technology Research Council shapes research and development for transformative technology outcomes. It is responsible for defining Abu Dhabi’s R&D strategy across academia and industry, consolidating funds for efficient investment, and driving policy and regulation for agile decision-making. By guiding breakthrough technologies, it is substantiating Abu Dhabi and the wider UAE as a desired home for advanced technology talent and a global hub for innovation.

For more information, visit www.atrc.ae 

About Virgin Hyperloop

Virgin Hyperloop is the only company in the world that has successfully tested its hyperloop technology with passengers, launching the first new mode of mass transportation in over 100 years. The company has also successfully operated a full-scale hyperloop vehicle using electric propulsion and electromagnetic levitation under near-vacuum conditions, realising a fundamentally new form of transportation that is faster, safer, cheaper, and more sustainable than existing modes. The company is now working with governments, partners, and investors around the world to make hyperloop a reality in years, not decades. They currently have projects underway in the Middle East, U.S., and India. Learn more about Virgin Hyperloop’s technology, vision, and ongoing projects here.

About DP World 

We are the leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe. Our comprehensive range of products and services covers every link of the integrated supply chain – from maritime and inland terminals to marine services and industrial parks as well as technology-driven customer solutions.  

 We deliver these services through an interconnected global network of 128 business units in 60 countries across six continents, with a significant presence both in high-growth and mature markets. Wherever we operate, we integrate sustainability and responsible corporate citizenship into our activities, striving for a positive contribution to the economies and communities where we live and work. 

 Our dedicated, diverse and professional team of more than 53,000 employees from 131 nationalities are committed to delivering unrivalled value to our customers and partners. We do this by focusing on mutually beneficial relationships – with governments, shippers, traders, and other stakeholders along the global supply chain – relationships built on a foundation of mutual trust and enduring partnership. 

We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet. 

For ATRC & TII media enquiries, please contact:
Aisha Shaikh
Technology Innovation Institute
aisha.shaikh@tii.ae  

For VH media inquiries, please contact:
Ryan Kelly
Vice President of Marketing and Communications
press@virginhyperloop.com 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.