USDOT policy document establishes hyperloop funding eligibility

by | 24. July 2020

The policy document – Pathways to the Future of Transportation – is intended to serve as a roadmap for innovators of new cross modal technologies to engage with the Department.

U.S. Department of Transportation (USDOT) Secretary Elaine Chao and the Non-Traditional and Emerging Transportation Technology (NETT) Council have released the policy document, Pathways to the Future of Transportation.

“Pathways to the Future of Transportation guidance on new, cross-modal technologies will help address legitimate public concerns about safety, security and privacy without hampering innovation,” said Chao.

Pathways to the Future of Transportation intends to help private sector innovators understand the purpose, structure, and function of the NETT Council; lay out the principles guiding the Department’s policies and posture toward transformative technologies; and deliver a high-level overview of the federal framework for supporting non-traditional and emerging technologies.

“This guidance bridges the gap between innovator and regulator, prioritises safety during development without hampering innovation, and promotes mutual awareness between industry and government,” Chao added.

The guidance document includes details regarding hyperloop and it is said to be the first of its kind in the world.

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