ArcelorMittal partners with IIT Madras to create Asia’s first hyperloop facility

Subject : Science and Tech

Section: Msc

Context:

ArcelorMittal has established a partnership with the Indian Institute of Technology Madras (IIT Madras) to develop Hyperloop Technology in Tamil Nadu

More on news:

ArcelorMittal is collaborating with the IIT Madras’s Hyperloop Technology teams (Avishkar Hyperloop) and TuTr Hyperloop, a startup incubated in IIT Madras, for this project.
The Ministry of Railways is also a key partner to this project.
The team’s central objective is the advancement and commercialisation of Hyperloop technologies for high-speed, affordable, reliable, and sustainable transportation.
The partnership for hyperloop deep-tech initiative which will significantly accelerate our efforts to commercialize Hyperloop technology

About Hyperloop technology:

Hyperloop is a proposed high-speed transportation system for both public and goods transport.
The technology is proposed by Elon Musk, who is behind electric car company Tesla and commercial space transport company SpaceX.
Hyperloop systems have three essential elements: tubes, pods, and terminals.
The tube is a large, sealed low-pressure system (usually a long tunnel).
The pod is a coach pressurized at atmospheric pressure that experiences low air resistance or friction inside this tube using magnetic propulsion .
The terminal handles pod arrivals and departures.
The Hyperloop high-speed infrastructure system will transport passengers and goods at aircraft speeds in pods through a low-pressure, vacuum tube, cutting journey times by 90 percent.
The technology provides significantly more benefits to traditional transportation modes – sea, rail, road, and air – by offering energy-efficient, on-demand, and cost-effective service, while reducing the overall footprint of the system.
An agreement was signed between Maharashtra government and Virgin group to build a Hyperloop connecting Mumbai and Pune in Maharashtra.
A committee chaired by NITI Aayog Member V K Saraswat is exploring the technological and commercial viability of the Virgin Hyperloop technology in India.