Is it a train? Is it a plane? No, it’s actually a new electric magnetic vacuum-tube.
Think of it a bit like the vacuum tubes seen in hospitals or old government buildings.
But instead of carrying paperwork, it will carry passengers instead.
Canadian startup, TransPod, is in the process building the world’s leading ultra-high-speed ground transportation system, the TransPod Line.
The network system will have stations in key locations and major cities, featuring high-frequency departures designed to enable fast, affordable, and safe travel.
Operating on that network system will be FluxJet – a fully-electric, high-speed magnetic train that’s effectively a hybrid between a train and a plane, inside an electric magnetic vacuum-tube.
Apparently, FluxJet will zip along the line at 1,000 km/h (621 mph).
The crazy bit is, that’s not even its top speed.
FluxJet will reach a top speed of 1,200 km/h (746 mph) in a vacuum tube.
Just like a conventional train, FluxJet will travel at 90 km/h (55 mph) near urban areas.
However, when it heads out into rural areas, it will enter a launch booth, which creates a vacuum in the tube and uses a sort of air pump to propel the train.
After reaching a fast enough speed magnetic drives will active, allowing the train to maintain speed without the need to roll, thus avoiding friction.
“This milestone is a major leap forward,” said Ryan Janzen, co-founder and CTO of TransPod.
“The FluxJet is at a nexus of scientific research, industrial development, and massive infrastructure to address passengers’ needs and reduce our dependence on fossil-fuel-heavy jets and highways.”
So how much is new tech going to cost?
It’s a pricey project, costing about $18 billion, but the company has already secured funding of $550 million from US-based Broughton Capital Group, in cooperation with China-East Resources.
While the project’s costing an eye-watering sum, it will apparently create up to 140,000 jobd and add $19.2 billion to the region’s GDP throughout construction.
Add to that reducing travel time and cutting CO2 emissions by 636,000 tonnes per year, and it all sounds incredibly promising.