During the St. Petersburg Economic Forum, Russian President Vladimir Putin met with Hyperloop One co-founder Sherwin Pishevar and promised support for the project. This was stated by his press secretary Dmitry Peskov.

According to Peskov, at the forum, Pishevar met with investors and "told about the project, about the plans for the" pilot "." “Then, at the meeting “on the feet,” the president supported and promised support,” the spokesman explained.

What exactly will be the support of the president, Peskov did not explain. He noted that this is an investor project, which can hardly count on state financial support.

Earlier it was reported that the Russian Direct Investment Fund became a co-investor of the project. Also within the framework of SPIEF Hyperloop One, the Summa Group and the Moscow government signed a memorandum of intent to create a concept for the use of Hyperloop technology (in whole or in part) in Moscow. Hyperloop vacuum trains can run between the capital's airports and to New Moscow.

RIA Novosti

During the St. Petersburg Economic Forum, Minister of Transport of the Russian Federation Maxim Sokolov announced that his department had offered Hyperloop to build a 70-kilometer section in the Far East. Earlier it became known about the creation of the RZD working group together with Hyperloop One.
High-speed trains Hyperloop, the concept of which was proposed by entrepreneur Elon Musk, must move in special pipes with reduced pressure at speeds up to 1200 kilometers per hour. Tracks for Hyperloop are supposed to be built above the ground by analogy with a monorail and equipped with solar panels. The idea is being implemented by Hyperloop One and Hyperloop Transport Technologies.

Putin promised support for the Hyperloop project