Virgin Hyperloop One and Saudi Arabia’s KAUST Partner to Spur Country’s Technology and Transport Development

Summary

Virgin Hyperloop One (VHO) and King Abdullah University of Science and Technology (KAUST) have signed a Memorandum of Understanding to foster collaboration in technology and transportation. The partnership aims to support Saudi Arabia's technology and transport sector development through knowledge exchange. This follows VHO's prior technology partnership with the MiSK Foundation in 2017. Why it matters: The collaboration aligns with Saudi Vision 2030, aiming to establish the Kingdom as a hub for advanced transportation technology and innovation in the Gulf region.