Hyper Poland back on Seedrs24.02.2020
On Monday, Hyper Poland announces the launch of its second funding round on investment platform, Seedrs. The Warsaw-based start-up is looking to raise €452,000 to fund continued testing and development of the next generation of high-speed railways, based on magnetic levitation, linear motor and autonomous control systems.
Currently, the only company in the world researching such technology, Hyper Poland believes the gradual implementation of hyperloop-inspired solutions will provide much-needed innovation to the railway industry, particularly in the face of fierce competition from other means of transport. Hyper Poland’s goal is to restore the competitive edge of existing railway lines, developing hardware to upgrade existing infrastructures to a high-speed, high-frequency standard.
Hyper Poland’s unique, patent-pending technology centres around a magrail system - a passive magnetic levitation train operating on existing conventional railway tracks with speeds up to 300kph or 415kph on HSR lines. This hybrid solution allows for the functionality of both the magrail system and conventional trains on the same tracks as railway operators depreciate their existing rolling stock. Looking to the future, this impressive technology can be transformed into a vacuum hyperrail system hitting a top speed of 600 kph on existing conventional tracks and 1,000 kph on HSR lines. The final stage of this transformation will involve building dedicated tracks to enable the hyperloop to travel at up to 1,200 kph.
Having already succeeded in building its first prototype in 2017 and 1:5-scale test track in 2019, Hyper Poland has turned its attention to the demonstration of the first-full scale prototype in 2020-2021.
The significance of this innovation is huge, creating a fast, efficient transportation system operating at high-frequency. This will greatly increase the mobility of goods and people to create a completely new economic, social and environmental landscape. Most importantly, this innovation will help transform the current transportation system dependent on fossil fuels into a zero-emission system propelled by renewable energy sources.
The efforts in developing this technology are gradually being recognised and appreciated by incumbents in the transportation industry. UK Railway Technology named Hyper Poland as a ‘disrupter’ in the rail industry in 2020 and Lufthansa Innovation Hub selected Hyper Poland as one of the top 150 mobility-related start-ups in 2019.
Hyper Poland has already obtained a grant of €3.8million from the Polish National Center for Research and Development.
In addition to backing from Microsoft’s global initiative for startups, a programme supporting the most promising technology companies in the world, Hyper Poland’s other main partners include the Warsaw University of Technology, Transfer Multisort Elektronik and Railway Research Institute.
It’s also worth noting that Hyper Poland - along with other entities that created the consortium of European and Canadian hyperloop companies - was responsible for driving the initiative around international standardisation by moving the needle in establishing a joint technical committee (JTC) called JTC 20 recently in Brussels. Its goal is to define, establish, and standardise the methodology and framework to regulate hyperloop travel systems and ensure interoperability and high safety standards throughout Europe.
Hyper Poland’s latest campaign at Seedrs: https://www.seedrs.com/hyper-poland1