TAMPA, FL--A new study will be conducted by the Tampa Bay Area Regional Transportation Authority to examine the feasibility of a hyperloop.The study will take about a year and will cost about $220,000.TBARTA will be looking at potential connections for the hyperloop within the state of Florida, which likely means they'll be studying a path from Tampa to either Orlando or Miami, but officials say it's still years away from the new technology.
The hyperloop, or sealed tube travel system where a pod with passengers is shuttled friction and air resistance free at high speeds, has gained the attention of investors and government alike because of its promise of cutting down travel times.
Business magnate Richard Branson has even added Virgin Hyperloop to his conglomerate to jumpstart the technology.
Florida follows Missouri in exploring the idea of investing in a public hyperloop route.
A new report outlining the costs of a potential hyperloop route said it would be expensive but worth it. The Missouri Blue Ribbon Panel on Hyperloop recommending construction of a test certification track up to 15-miles long.
The report also shows that a hyperloop route linking Kansas City and St. Louis could have a one-point-six-billion to three-point-six-billion dollar annual impact to the state and create between 76-hundred and 17-thousand jobs.The "Kansas City Star" reports that previous estimates put the cost of a hyperloop route across Missouri at seven to ten billion dollars.
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