Dutch transport company Hardt Hyperloop is restarting operations after securing an investment worth several million euros. It has been months since the company went bankrupt amid mounting losses, including that of expected European funding.
The investment round is led by U.S. investor GreenRock, with several former investors also returning to support the company. Hardt plans to use the funding to advance its hyperloop technology, prepare previously planned projects, and develop new ones.
The company also intends to expand into North and Latin America through its partnership with GreenRock. The investment marks a new attempt to commercialize technology designed to transport passengers at speeds exceeding 1,000 kilometers per hour through…