Hardt Hyperloop

Hardt B. V. , located in Rotterdam, Netherlands, focuses on developing advanced hyperloop transportation systems, utilizing magnetic levitation technology for high-speed travel in low-pressure tubes. Founded in 2016 in Rotterdam, Netherlands, Hardt B.

V. is dedicated to creating innovative hyperloop transportation solutions. The company has completed five notable deals, with its most recent funding round occurring on July 5, 2023, where it raised EUR 5. 00 mn led by InnoEnergy, contributing to a total of EUR 5.

00 mn raised. Key founders include Marinus van der Meijs, Mars Geuze, and Tim Houter, while Bertrand Van Ee serves as the CEO. Hardt Hyperloop specializes in hyperloop transportation systems that employ magnetic levitation technology for efficient high-speed travel. Their offerings include the design and engineering of hyperloop vehicles, traction solutions, and the necessary infrastructure.

The system aims for speeds of 700 km/h, targeting transportation authorities and infrastructure developers, particularly in Europe, where their European Hyperloop Center serves as a testing facility to advance these technologies. Hardt Hyperloop's revenue model is built on service agreements and partnerships with governmental bodies, infrastructure developers, and private entities interested in hyperloop deployment. Their contracts encompass engineering, manufacturing, and installation services tailored to client specifications, linking revenue generation directly to successful project execution and ongoing maintenance contracts. In July 2023, Hardt Hyperloop secured EUR 12 mn in equity funding to complete the European Hyperloop Center (EHC).

The company plans to introduce new hyperloop vehicles and expand market presence in Europe, leveraging this funding to support project completion and enhance collaborative efforts with stakeholders in advanced transportation technologies.