Tata Steel, TuTr Hyperloop collaborate to develop hyperloop tech

28 Dec 2022 , 11:48 AM

Tata Steel and TuTr Hyperloop agreed to collaborate on hyperloop technology development and deployment. The research will concentrate on key design and material selection challenges.

The collaboration aims to design, develop, and commercialise the technology.

Phase-I work will take place on IIT Madras’ 50-meter test track. The subsequent work to build a 10-kilometer track will be completed in Phases II and III, with the help of a consortium of other industry partners from the automotive, construction, and engineering sectors.

Hyperloop is a future option for high-speed, low-cost, and environmentally friendly transportation for passengers and cargo.

Tubes, pods, propulsion systems, and tracks are key components of the hyperloop system.

The collaboration with Tata Steel will address material and design challenges, allowing the hyperloop to become a reality.

Tata Steel’s specialization is in the design and development of steel and composite materials.

TuTr, a deep-tech startup incubated at IIT Madras, is a leading contender in this space. It promises a low-cost hyperloop solution as its primary value proposition. TuTr has a distinct advantage in the design of pods and propulsion systems.

At around 11.50 AM, Tata Steel was trading 0.27% higher at Rs111.45, against the previous close of Rs111.15 on NSE. The counter hit intraday high and low of Rs112.30 and Rs109.85 respectively.

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