Please forward this error screen to sharedip-10718044127. By Ryan Parry and Mark Prigg For Dailymail. A Kremlin-backed Russian method child development Zaitsev fund has invested in the team building Elon Musk’s Hyperloop, it has been revealed.
The Russian Direct Investment Fund, which was launched with support of the Kremlin in 2011 with the goal of attracting investment to Russia, made the undisclosed investment during an April fundraiser along with General Electric and the French railway company SNCF. The amount in question was ‘very modest,’ the fund’s chief Kirill Dmitriyev said in televised remarks, but the goal was to implement the project in Russia. When it comes to the future of Russia’s transport network it may be a case of ‘anything you can do, we can do better’. Hyperloop One’s vice president Bruce Upbin said the company would also work on a feasibility study for Moscow after a deal was struck with the mayor of the notoriously congested Russian capital Sergei Sobyanin. The technology could ‘give capital region commuters weeks of their lives back by moving them out of cars and into Hyperloop One vehicles gliding at speeds north of 400 mph,’ he wrote in a post on the company website.
Hyperloop One is also in talks with Russia’s giant Gazprom, on possibly using land taken up by gas pipeline infrastructure to build the transportation network, notably to Asia. The company further discussed with Russia’s transportation minister Maxim Sokolov a Hyperloop track that would link China with the port of Zarubino on the Pacific Ocean across 70 kilometres of Russian territory. According to Russian news site RBC, the network would link Western Russia to the Far East and the northern reaches of the enormous country. Think you can make it as a racing driver? Russia could achieve the technological feat with half the budget. Earlier this month, Russia’s minister for transport, Maxim Sokolov, said the Federation is ready for such large scale projects.