U.S. firm to start building hyperloop track in Abu Dhabi next year

A U.S. company plans to start building an ultra-fast hyperloop track for Abu Dhabi’s transport system in the third quarter of 2019, it said on Wednesday.

Hyperloops use magnets to levitate pods inside an airless tube, creating conditions in which the pods can shuttle people and freight at speeds of up to 750 miles (1,200 km) per hour.

The technology, which has not been used commercially, is proposed as a replacement to existing rail infrastructure.

Hyperloop Transportation Technologies (HyperloopTT) said in a statement that design and engineering firm Dar Al-Handasah had invested in the U.S.-based business and would be the lead designer on the Abu Dhabi project…

Neighboring Dubai is backing rival Virgin Hyperloop One to build the futuristic transport system.