Wednesday Aug 30, 2023
Mars Geuze, CHO and Co-Founder of Hyperloops: Over €36 Million Raised to Make Hyerloops a Reality
Welcome to another episode of Category Visionaries — the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Mars Geuze, CHO & Co-Founder of Hardt Hyperloop, a transportation system that's raised over €36 Million in funding.
Here are the most interesting points from our conversation:
- From Student Projects to Hyperloop: Mars and his co-founders transitioned from building electric race cars to pioneering Hyperloop technology, catalyzed by Elon Musk's Hyperloop competition.
- Open, Standardized Infrastructure: Hardt Hyperloop advocates for a network of standardized infrastructure owned by governments or private entities, enabling various operators to run their Hyperloop vehicles.
- Capacity and Feasibility: Addressing misconceptions, Mars emphasized that Hyperloop can transport up to 20,000 passengers per direction per hour, rivaling traditional rail capacity.
- Strategic Partnerships and Global Efforts: Countries like the Netherlands, Spain, India, and South Korea are actively investing in Hyperloop development, with significant public-private partnerships driving progress.
- Next Steps and Testing: Hardt is building a 420-meter test facility to demonstrate key functionalities, including lane switching, which is critical for creating an efficient and flexible transportation network.
- Long-term Vision: Mars highlighted a phased approach, with operational pilot routes expected by 2029 and widespread adoption and scaling of longer routes from 2030 onwards.
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