Student Group from NL to Compete in SpaceX Hyperloop Competition
A student group from this province will soon compete in an international completion aimed at revolutionizing the transportation industry.
Paradigm Hyperloop, a group with students from Newfoundland and Labrador and Boston, will be competing in the SpaceX Hyperloop Competition in California this July.
The Hyperloop concept is focused on delivering a ground mode of transportation at speeds over 1100 km/h, where vacuum tubes would stretch from destination to destination and pods would travel inside them.
The work of each competing international team is intended to accelerate the design and feasibility of the Hyperloop.
Past student participants have leveraged this experience to give them employment opportunities at firms such as Tesla and Google, while others have created firms in Newfoundland and Labrador. The Government of Newfoundland and Labrador is contributing $87,024 to the project, and the Government of Canada is providing a non-repayable contribution of $174,048.