Hardt Hyperloop project. Source: Hardt Hyperloop
Savenkova Ekaterina, Editorial Contributor to International Projects of ROLLINGSTOCK Agency
Netherlands: An external administrator has been appointed to the company. In a press release, Hardt Hyperloop acknowledged the bankruptcy and stated it is “exploring all options to continue operations”. No official reasons for the bankruptcy have been disclosed.
Hardt Hyperloop was founded in 2017 by a team of Delft University of Technology students. Over several years, the startup raised more than €50 mln from various public and private investors. These funds enabled construction of a 420 m vacuum test tube in Veendam, development of a vehicle prototype,…