ABOUT HYPER POLAND
Hyper Poland develops the next generation of High-Speed Railways (HSR), based on magnetic levitation, linear motor and autonomous control systems, which can be subsequently transformed into a vacuum version. We are the only company in the world able to gradually implement hyperloop-inspired solutions as an upgrade for the railway industry.
The Hyper Poland team was created in 2015, and the company was founded in 2017. In the same year, the team built the prototype. In October 2019, the company completed work on a 1:5 scale technology demonstrator, consisting of a 48-meter test track and a vehicle.
Our main partners include Microsoft, Transfer Multisort Elektronik, Warsaw University of Technology, and the Railway Research Institute and ten other companies and institutions from R&D and IT areas.
Hyper Poland is in no way affiliated with Elon Musk and SpaceX. Elon Musk was the creator of the modern concept of hyperloop, but our company is only partly inspired by this idea. However, part of the team had the opportunity to meet him during the finals of the SpaceX Hyperloop Pod Competition in the USA, in which our student team participated twice.
The magrail system is a unique magnetic rail technology operating on existing railway tracks at a speed of 300 km/h - 415 km/h. This hybrid solution allows both magnetic vehicles and conventional trains to operate on the same lines. The magrail system can be subsequently transformed into a vacuum version - hyperrail, allowing movement with max. speed of 600 km/h on regular lines and 1000 km/h on High-Speed Lines. Our last stage - vacuum railway (hyperloop) will require new, dedicated infrastructure and vehicles will move at speeds up to 1200 km/h. The subsystems tested in the first two generations will be used here.
Our solution is to modernize the existing tracks with a linear motor installed between the existing rails and with levitation plates mounted on the sides of the track. The linear motor has a form of a third rail mounted on the track axis and will be used for propulsion and braking of vehicles. Levitation plates will be used to lift the vehicle above the surface and to stabilize the vehicle sideways. As for the existing magnetic rail solutions, both presented solutions (Transrapid and JR Maglev) require a long process of building a completely new, expensive infrastructure. They are also active systems, which means that to obtain levitation it is necessary to directly supply energy to electromagnets both in the vehicle and on the track. Our system is passive - levitation is the result of vehicle movement. A train at a certain speed will automatically start pushing itself away from the track.
- Higher operating speed
- The increased speed of cargo transport creates unprecedented possibilities of transporting goods on rail lines with delivery between distribution points even on the same day. The development of fast transport can contribute to economic growth and social development, especially in developing countries where technology can modernize outdated rail infrastructure with optimal financial outlays.
- Increasing the share of railways in transport
- Restoring the competitiveness of existing railways by modernizing existing conventional infrastructure to the high-speed rail standard and high-frequency travel will lead to the takeover of a significant proportion of freight from road and air. Currently, road transport accounts for 75% of the market. The greater share of rail freight is a better macroeconomic situation and a solution for European transport growth, as rail has 12x lower external costs for society than road transport.
- Ecology and health
- Reduced use of heavy-duty vehicles translates into lower air pollution, especially CO2, noise reduction, less road congestion and fewer accidents. This results in a higher quality of life and a reduction in the incidence of civilization diseases. Assuming that 30% of the current road freight market is taken over by rail, we will avoid 1 million additional trucks on the road and generate an economic profit of EUR 100 billion due to lower external costs. We will also avoid emissions of 290 million tonnes of CO2 and 45,000 premature deaths by 2030 (https://www.railfreightforward.eu/sites/default/files/usercontent/white_paper-30by2030-150dpi6.pdf)
During the demonstration that took place on October 22, 2019, in Warsaw, the run of a magrail vehicle on the test track was shown. The 48-meter track was made on a 1:5 scale, with key elements much closer to the target: a 1:1 linear motor and a 1:2 magnetic track. The demonstrator enabled successful testing of the following subsystems:
- passive levitation and linear drive,
- electronics - communication and data acquisition,
- mechanical elements.
Completion of the construction of the first full-scale test track and vehicle is planned for mid-2021.
Hyperloop is an innovative magnetic vacuum rail system. This is a completely new technology that uses the advantages of both rail and aircraft. What distinguishes it is its work in a vacuum environment, high speed of a vehicle (up to 1200 km/h) and no contact with the ground during movement.
The main purpose of introducing a new means of transport - hyperloop - is to take over traffic from road and air transport - currently the dominant means of long-distance movement of people and goods in the European Union. It is estimated that in the first place, there will be a decrease in truck traffic - mainly transporting loads for logistics and industrial companies, and then, with the developed network of passenger connections, there will be a reduction in the use of road vehicles and a reduction in air connections over distances of 200-1000 km. The system itself has a chance to fill a gap between rail and air connections. It will be used where traveling by train is becoming burdensome and flight by plane is unprofitable due to the long-time needed to travel to and waiting at the airport.
The investment and construction process will be burdened with similar environmental challenges as the construction of bridges or viaducts. However, further exploitation already slightly interferes with the environment. The key is the lack of direct pollution emissions into the atmosphere. Due to the use of closed tunnels, it is particularly important to eliminate collisions with the transverse movement of road or rail vehicles. This increases the level of safety for people, but also animals.
The comfort of driving a hyperloop will be comparable to that of a small passenger jet. We are planning to work on a passenger module simulator, which is necessary to conduct behavioral tests and show the conditions inside it while driving.
The passage of the capsule has no significant effect on the expansion of the track structure. The idea behind the vehicle’s structure is to leave behind the capsule the same condition as it is in front of it. Analyzes show that the condition inside the pipe depends much more on the local atmospheric conditions outside the pipe than the processes inside it.
The vacuum will be maintained using a high-performance vacuum pump system that will be installed at appropriate intervals along the entire route.
The structure of the tunnels will be made of steel, which ensures tightness on the surface of the segment. All expansion joints between the segments will be made as airtight. Trips to passenger and service stations will be carried out by locks. As a result, a reduced pressure environment will be maintained throughout the line. The tightness of the pipe will be monitored along its entire length, which will ensure quick location and removal of any leaks.
Equity crowdfunding enables individual investors to invest in innovative projects. In turn, for fast-growing companies, it is an interesting alternative way to raise capital from many investors. In this case, the project is financed by a large number of one-off payments made by persons interested in the project, who in return receive rights to the company's shares.
Formally, the whole process is as follows: a company belonging to Seedrs gathers all the investors of a given campaign and on their behalf acquires shares in our company. Thanks to this solution, participation in the latest campaign is possible from several dozen euros. Investors don't have to worry about managing their investments. The Seedrs platform ensures that their investments are protected using both the statutory provisions granted to shareholders and additional safeguards that apply under professional subscription and partner agreements between Seedrs and Hyper Poland.More details at: https://www.seedrs.com/learn/help/what-is-seedrss-nominee-structure
As a standard, the possibility of exit is assumed in the perspective of up to 10 years by selling the company to an industry investor. Earlier, the resale of shares on the secondary market currently tested by Seedrs (this was one of the reasons we chose this platform) or their purchase by an investor such as a VC fund entering one of the next rounds may be involved.
The number of shares obtained depends on the amount of the payment, which must be a multiple of the minimum amount.
The technology developed by Hyper Poland is addressed globally. Only in this way can it reach its full potential. We use a similar approach to obtaining financing. From the beginning, we maintain intensive contacts with partners from abroad. From the beginning, we wanted to verify the project in an international environment and allow foreign investors to participate in crowdfunding. In the first campaign over 450 people from 30 countries have invested in our company. Another campaign on Seedrs is a natural consequence of the success of the first. Also, this platform has extensive experience in running campaigns, it is one of the precursors of equity crowdfunding in Europe and one of the largest platforms in the world.
The current round is largely an own contribution (20%) to the grant from the Polish National Center for Research and Development of EUR 3.8 million (80%). So the whole project to build a full-scale prototype is mostly funded, the remaining 20% is needed for it to be completed. This money will enable us to complete the R&D phase for propulsion, levitation and integration of the magrail system with conventional rail tracks. In the next financing rounds, we want to raise at least several million euros, which will enable the launching of pilots and quick market scaling. These private funds will, of course, be supported by public instruments.
Our business model is based on licensing the technology we developed and patented, to manufacturers of rolling stock and railway infrastructure elements. The exit strategy assumes the acquisition by a global company from the railway sector.