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Hyperloop One signed an MOU with the Karnataka Urban Development Department (KUDD) and the Maharashtra government to identify potential routes to improve mobility in both the states and connect high growth cities. Its like a speed train service.
The hyperloop mode uses technology in which a vehicle in a special tunnel floats above the track, using magnetic levitation, at a top speed of over 1,000 km per hour.
Besides Karnataka and Maharashtra, the company will also study the hyperloop possibility in Andhra Pradesh. The company would work with partners in these states and help navigate the regulatory requirements.
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