Intelligent CIO Europe Issue 9 - Page 12

NEWS ADIF and Virgin plan to open first European hyperloop facility in Spain V irgin Hyperloop One has signed an agreement with Administrator of Railway Infrastructures to open an Advanced Technology Development and Testing Center in the Andalusian region of Spain, the company’s first European development facility, valued at approximately US$500 million. In return for this investment, Virgin Hyperloop One would obtain €126 million in public aid through loans and grants to help establish the new centre, to advance Virgin Hyperloop One’s technology development and testing, and to stimulate regional economic growth and job creation. The agreement, facilitated by the state-owned infrastructure agency, ADIF, was signed by Mrs Isabel Pardo de Vera Posada, President of ADIF (Administrador de Infraestructuras Ferroviarias or Administration of Railway Infrastructure) and Rob Lloyd, CEO of Virgin Hyperloop One. The Andalusian region is known globally as an epicentre of transportation and aerospace innovation. “With its robust transportation, aerospace and high-tech sectors in turn paired with outstanding regional talent, Spain is an ideal fit for Virgin Hyperloop One’s Advanced Technology Development and Testing Center,” said Rob Lloyd, CEO, Virgin Hyperloop One. “By investing in the development and testing of Virgin Hyperloop One, Spain is extending its long-tradition as an innovative, global transport leader. We are excited to partner with such a forward-thinking country in developing the next generation of transportation.” The Virgin Hyperloop One Advanced Technology Development and Testing Center is to be located in the Andalusian region of Spain at Bobadilla. The new centre in Andalusia complements the advanced transportation, aerospace and high-tech innovation in the region and will be a catalyst for further economic growth. Virgin Hyperloop One estimates that it would hire 200–300 high-tech skilled professionals and that the centre would spur job c ɕѥѡɕ() Ʌѕ͕́ɕ)хɅ͙ɵѥݥѠټ))ټQ䰁ɵɱ1а́չѡ) ȁɕхḾͥѡټ)ф=Ʌѥ́AљɴѼ͕ɔ́хɅ͙ɵѥ̸) 䁕ѡ͍́фѥͥ́役)Ʌѥ͕ɥ䁑٥́Ѽͥ́ѥ́)Ʌѥ̰ټ́ݕɥ ѼɅ䁥ѥ䁅)ɕѼ͕ɥѡɕ́ɽ́́ѥɔх̰ͥɕՍ)ɥͬѱ䁱չ܁͕٥́ݡɽѕѥѡͥ)́ѽ̸)%ɑȁѼ͕ɔ́хɅ͙ɵѥ )Ѽ͕ѡձɔ͕́ɥ䁱͍ݡɕեɕѡ)ѼЁ͔ɕͥٽյ́фɽ)مɥ䁽ͽɍ̸]Ѡټ ́Ѽаѽɔ)əɴɕѥѽɥͥ́́ф٥)Ёɕͥٔ٥܁́ѥɔ͕ɥɔ )́ѡɕɔѼɅ䁱չ܁͕ͥ́٥́ݡ)Յѥ她ѥѥͽѕ͕ɥ䁅ɅՐɥͬ)Qټф=Ʌѥ́Aљɴɕ́ф)ѥͥ́ȁ ɥ٥ɔѕ)ѥͥ́ѡЁɽٔѠ͕ɥ䁅)ѽȁɥ()%9Q11%9Q %<+qхɅ͙ɵѥɽ٥́ͥٔչ䁙)́ѼɅє̰ͥЁ͕ȁѼѡȁѽ́)ɔѥѥٔЁЁͼ͕́܁хət)ͅAɼ ѥչȁ Q<ټ+qQф́ѡɔɕѼٕɅЁѥ͕ɥ)ͽѥ́ЁЁ͔ѡ͔܁ф͕̰)ѡٽյ́фѼɕ́ѡ́܁х)ə]Ѡټ ܁́ѡфѥ)չѥЁ́Ѽݕȁ͕́ɥ䁥ѥѥٕ́)хɅ͙ɵѥt)ܹѕэ