Black Veatch in partnership with Virgin
The study will analyse the technical alignment as well as the potential economic impact and benefits of integrating hyperloop into the I-70 corridor. It will also outline the next steps required for a hyperloop project, which include creating a cost estimate funding model with the intention of enabling it to move forward.
Missouri proposed the route to VHO two years ago as part the Missouri Department of Transportation's (MoDOT’s) Road to Tomorrow project which aims to promote innovation along the corridor.
Michael DeMers, director of innovative partnerships and alternative funding at the MoDoT, said: "MoDOT is committed to delivering transportation solutions of lasting value and moving passengers and freight across Missouri safely and reliably. The State of Missouri will be a beneficiary of the feasibility study, and we look forward to contributing data and information to the study. We are especially pleased that the private sector is taking the helm and MoDOT will be able to participate without using Missouri taxpayer dollars.
Rob Lloyd, CEO of VHO, said: “By embracing innovations like hyperloop, Missouri can enhance its competitiveness and dramatically alter the way people and goods move. A hyperloop connection between the state's two thriving cities can help provide millions of residents with greater access to jobs and opportunities -- giving Missouri an undeniable edge in attracting new business and talent."