Hyperloop One isn't a company to waste time resting on its laurels. Fresh off a test run in the Nevada desert, the futuristic transportation company is unveiling plans to build a 300 mile hyperloop in Scandinavia, connecting the cities of Stockholm, Sweden and Helsinki, Finland across the Baltic Sea. The hyperloop would turn a 300-mile long trip into a 30 minute commute.

The plan was released as a business case, a pitch to potential investors of the new hyperloop. According to the case, the entire hyperloop is expected to cost around $21 billion and would be built in three stages: first the Finland segment, then the Sweden segment, and finally an underwater segment connecting them. The entire project is expected to bring in about a billion Euros a year in revenue (if it happens), meaning that it would completely pay for itself in two decades (if it happens).

Hyperloop One spends a great deal of its business case comparing this project to a similar one completed around the turn of the century: the Oresund project that connected Denmark and Sweden in the area around Copenhagen. As the case points out, the Oresund area enjoyed a massive economic boom in the years following the project's completion, and Hyperloop One predicts that the same thing will happen with the completion of their hyperloop. Of course it's worth noting that conventional means of travel already make this distance relatively short. A flight between the two cities is only about an hour, not accounting for the (admittedly lengthy) airport part.

Of course, this hyperloop is still just a proposal, and there are many hurdles to jump over before construction can even begin, so we likely won't be seeing a fully-constructed hyperloop for several years. Still, if and when this project is finally completed, it will help to energize a region that's rapidly becoming an economic powerhouse.

Source: Hyperloop One via Gizmodo

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