Hyperloop Transportation Technologies (HTT) had some big news to share on Monday. The firm, one of several working on the ultra-fast rail system, says it found a way to safely travel at the insane speed of 760 miles per hour using a “passive levitation system,” CNBC reports.
The technology is similar to the Maglev train systems used in Asia, but should be cheaper to install and safer to operate. HTT says it plans to use aluminum tracks instead of the more expensive copper coils included in Maglev. The company also claims its system will charge each pod automatically as it decelerates by harnessing the energy caused by breaking.
“Utilizing a passive levitation system will eliminate the need for power stations along the Hyperloop track, which makes this system the most suitable for the application and will keep construction costs low,” said Bibop Gresta, HTT’s chief operating officer. He also noted that, even in a power failure, the pods will stay safely levitated until they slow down thanks to the magnetic system.
HTT is currently working on a five-mile test track in California where it hopes to prove the technology really works. This track could eventually expand to link Los Angeles and San Francisco and quickly shuffle travelers between the two cities in 30 minutes.