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European Commission Moves Ahead in Assessing Hyperloop Regulatory Needs
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Hyperloop Transportation Technologies presents certification guidelines to European Commission as foundation to unite industry

- Created together with TÜV SÜD, HyperloopTT presents the first complete set of generic guidelines for design, operation, and certification to the Directorate-General for Mobility and Transport of the European Commission in Brussels

- This latest set of guidelines builds upon the core safety requirements and guidelines developed and presented by HyperloopTT and TÜV SÜD in Munich, Germany in September 2018

- HyperloopTT continues to accelerate international standardization of Hyperloop technology and support governments by implementing regulations

- The guideline details over 125 system requirements, positioning Hyperloop to become the safest means of transport

PLAYA VISTA, California, May 23, 2019 /PRNewswire/ -- Hyperloop Transportation Technologies announced today the presentation of the first finalized generic guideline for design, operation, and certification for Hyperloop systems to the Director of Land Transport at DG Move, the Directorate-General for Mobility and Transport of the European Commission in Brussels. This marks the first critical step to begin the process of regulating Hyperloop systems by the European Union.

Hyperloop guideline cover

The guideline was created as part of an ambitious approach from HyperloopTT and TÜV SÜD, one of the world's leading testing, certification and inspection companies. In September of 2018, the two organizations along with world leading reinsurance company, Munich Re, revealed that Hyperloop was safe and insurable with the first core safety requirements and insurance frameworks for Hyperloop systems. Today's guideline builds on the completion of the core safety requirements and the implementation of certification processes as well as further development for the construction and operation of Hyperloop systems worldwide.

"The EU is a world reference for transport research, safety standards and regulation. To facilitate their development and being open to innovation: this is why we are interested in the analysis presented here on Hyperloop. Hyperloop as new transport technologies can be a great opportunity to connect EU countries and regions even better, and to deliver energy efficient, carbon-free land transport," said Elisabeth Werner, Director of Land Transport at DG Move.

"It is important to create unified standards and procedures with HyperloopTT's system along with other potential system providers. HyperloopTT continues to be at the forefront of the Hyperloop movement, working directly with governments and members of the regulatory industry," said Dirk Ahlborn, CEO of HyperloopTT. "We are pleased to be working alongside the European Commission and our industry-leading partners to help create this latest guideline."

"We are working with governments around the world to create the necessary legal framework. It is exciting to see these efforts move forward," said Andres De Leon, COO of HyperloopTT. "The United States has created a special council for Hyperloop commercialization and the European Commission has now taken the first step in creating industry wide regulations."

"In a multi disciplinary approach by utilizing certification for existing aerospace, train and other industries - and testing this against the experience of HyperloopTT's engineering teams we have created the most comprehensive work to date for the design, operation and certification of Hyperloop systems," Ferdinand Neuwieser, CEO of TÜV SÜD Industrie Service GmbH. "With this effort we will be able to accelerate Hyperloop technology development while creating what promises to become the safest means of transport in the modern era."

About TÜV SÜD
Founded in 1866 as a steam boiler inspection association, the TÜV SÜD Group has evolved into a global enterprise. More than 24,000 employees work at over 1.000 locations in about 50 countries to continually improve technology, systems, and expertise. They contribute significantly to making technical innovations such as Industry 4.0, autonomous driving, renewable energy and transportation systems safe and reliable. https://www.tuvsud.com/

About HyperloopTT
Hyperloop Transportation Technologies (HyperloopTT) is an innovative transportation and technology company focused on realizing the Hyperloop, a system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably. Through the use of unique, patented technology and an advanced business model of lean collaboration, open innovation, and integrated partnership, HyperloopTT is creating and licensing technologies.

Founded in 2013, HyperloopTT is a global team comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. Headquartered in Los Angeles, CA, HyperloopTT has offices in Dubai, UAE; Bratislava, Slovakia; Toulouse, France; and Barcelona, Spain. HyperloopTT has signed agreements in the United States, UAE, Brazil, France, India, China, Korea, Indonesia, Slovakia, Czech Republic, and Ukraine.

HyperloopTT is led by co-founders Dirk Ahlborn (CEO) and Bibop G. Gresta (Chairman) and a senior management team of experienced entrepreneurs and professionals. For more information or media inquiries, contact press@hyperloop.global or visit http://Hyperloop.global/.

Hyperloop Transportation Technologies' images and assets can be found here

L to R: Ernst Donislreiter, CEO of TÜV SÜD, Elisabeth Werner, Director of Land Transport at DG Move, Andres De Leon, COO of HyperloopTT

Photo - https://mma.prnewswire.com/media/892066/Hyperloop_guideline_cover.jpg
Photo - https://mma.prnewswire.com/media/892068/Hyperloop.jpg

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