The company: Hyperloop Transportation Technologies (HTT)
The state partners: North Ohio Areawide Coordinating Agency (NOACA) and the Illinois’ Department of Transportation (IDOT)
The deal: Connecting Chicago and Cleveland by Hyperloop. The starting point: a feasibility study to determine the viability of a number of different corridors. The “first real public-private partnership to bring Hyperloop travel to the US”
The legislative work:
- Ohio’s legislature passed a resolution supporting the initiative in January 2018
- Congresspersons from multiple states sent a formal letter to the Trump administration asking for federal funding support for building out a Hyperloop network
TechCrunch | Hyperloop Transportation Technologies signs first cross-state deal in the U.S.