A team of engineering students from IIT Madras known as Avishkar Hyperloop has been shortlisted for the final round of SpaceX Hyperloop Pod competition 2019 to be held in Los Angeles, California in July 2019. P2P lending firm RupeeCircle will sponsor the group’s mission. The IIT students beat 20 other finalists in the competition.
The team is comprised of a group of enterprising engineers, designers and business think tanks who work at the Centre For Innovation which is a student innovation lab at IIT Madras who work with a goal of designing and developing a new mode of transport i.e the Hyperloop.
The concept of Hyperloop was floated by Elon Musk, founder of Tesla and SpaceX, and has the potential to revolutionize the transportation industry. The competition itself is sponsored by SpaceX to create awareness and bring the best minds in the world together to work on the concept. Avishkar Hyperloop team from IIT Madras has cleared the Preliminary Design Briefing among hundreds of participants across the globe and are preparing for the final round to be held in Los Angeles, California.