Virgin Hyperloop and Spirit AeroSystems Announce Collaboration Agreement
June 25 2020 - 9:17AM
Spirit AeroSystems [NYSE: SPR] has joined in partnership with
Virgin Hyperloop as it prepares to move towards a commercial
product. The collaboration will help to solidify the hyperloop
prototype utilizing Spirit Aerosystems engineers, fabricators,
builders, supply chain and certification experts, and technicians.
“As one of the most credible aerospace-grade
structures companies in the world, Spirit Aerosystems provides a
strong fit for our team as we look to build out strong partners in
the hyperloop ecosystem,” said Josh Giegel, Chief Technology
Officer of Virgin Hyperloop.
Hyperloop is a new mode of transportation designed to eliminate
the barriers of distance and time for both people and freight. It
can travel at speeds approaching 700mph, connecting cities like
metro stops -- and it has zero direct emissions. With hyperloop,
vehicles, called pods, accelerate gradually via electric propulsion
through a low-pressure tube. The pod floats along the track using
magnetic levitation and glides at airline speeds for long distances
due to ultra-low aerodynamic drag.
The hyperloop supply chain is unique in the way it integrates
existing technology with proprietary innovations to deliver a
completely new transport experience. The pod is similar to an
airplane fuselage in a low pressure environment, the columns
similar to those of a pipeline, and the pressure management system
similar to those used in industrial operations such as
manufacturing semiconductors.
“As a new form of mass transportation, hyperloop opens up a new
segment of diversification for us in the transportation
space. Our collaboration with Virgin Hyperloop is a prime
example of our belief that this burgeoning industry is a game
changer,” said Keith Hamilton, Spirit Executive Director of
Programs & Business Development. “Through leveraging our
values and core competencies of designing and manufacturing
aerostructures, many of the skills are transferable to produce the
hyperloop bogie.”
This new transit mode will unlock exponential growth
opportunities for cross-industry manufacturing and development jobs
- across construction, aerospace, rail, automotive, aviation,
electric vehicles, and autonomous control. As Virgin
Hyperloop looks to create the first Hyperloop Certification Center
in the United States, it will bring thousands of jobs for first
movers of the technology and its partners.
About Virgin Hyperloop
Virgin Hyperloop is the first company in the world that has
successfully tested its hyperloop technology at scale, launching
the first new mode of mass transportation in over 100 years. The
company successfully operated a full-scale hyperloop vehicle using
electric propulsion and electromagnetic levitation under
near-vacuum conditions, realizing a fundamentally new form of
transportation that is faster, safer, cheaper, and more sustainable
than existing modes. The company is now working with governments,
partners, and investors around the world to make hyperloop a
reality in years, not decades. They currently have projects
underway in the US, India, and the Middle East. Learn more about
Virgin Hyperloop’s technology, vision, and ongoing
projects here.
About Spirit AeroSystems, Inc.
Spirit AeroSystems designs and builds aerostructures for both
commercial and defense customers. With headquarters in Wichita,
Kansas, Spirit operates sites in the U.S., U.K., France and
Malaysia. The company’s core products include fuselages, pylons,
nacelles and wing components for the world’s premier aircraft.
Spirit AeroSystems focuses on affordable, innovative
composite and aluminum manufacturing solutions to support customers
around the globe. More information is available
at www.SpiritAero.com.
On the web: www.spiritaero.com On Twitter: @SpiritAero
Contacts:
Media:
Ryan KellyVice President of Marketing and
Communications(610)-442-1896Ryan.kelly@virginhyperloop.com
Keturah Austin (316)
523-2611keturah.austin@spiritaero.com
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