Hyperloop starts a new chapter in Brazil with the creation of the world’s first
Logistics Innovation Center, a new R&D facility to provide the technical
support to the future freight operations.
To do so, HyperloopTT, the Minas Gerais and Contagem governments
established a public-private partnership. The initial investment is US$ 7 million,
of which half will be provided by HyperloopTT and the other half by the
Economic development, science, technology and higher education secretariat.
The government of Contagem has contributed with the physical facilities.