Risk & Business Magazine Cal LeGrow Risk & Business Magazine Fall 2017 | Page 29

PARADIGM HYPERLOOP NEWFOUNDLANDERS TAKE ON THE WORLD Paradigm Hyperloop Places Second W hen Elon Musk of Tesla and SpaceX fame launched a student competition to create a vehicle that could achieve the fastest travel speed through a partial vacuum tube, the response was simply overwhelming. Over 1,200 designs were submitted, with twenty-five winning the opportunity to test their prototype at a specially designed testing site located adjacent to the SpaceX facility in Hawthorne, California. Paradigm Hyperloop— composed of students from Memorial University of Newfoundland, the College of the North Atlantic (Newfoundland and Labrador’s public college), and Northeastern University (located in Boston, Massachusetts)— was the only North American team of the three teams selected to compete in the final round. “When the contest was first announced in 2013, no one knew what a hyperloop was or how it would work, as it had never been done before,” says Adam Keating, a team leader for Paradigm Hyperloop. The students met each other on the Internet and started building on their ideas in chat rooms. Eventually, they decided to form a team and presented their ideas at an event in Texas in 2015. At the actual speed competition held this summer, Paradigm’s vehicle reached a top speed of 63 miles per hour (mph)— high enough to place second behind the WARR team from the Technical University of Munich that clocked in at an impressive 200 mph, but outpacing the third-place Swissloop team whose vehicle topped out at 25 mph. In designing their vehicle, Paradigm went against the grain, using air levitation technology—similar to what’s used in an air hockey game—rather than the magnetic levitation system used by other teams. Their finished vehicle was the largest and heaviest in the competition at eighteen feet long and about two thousand pounds. Ultimately, the team plans to apply this frictionless approach to reduce the size of its vehicle and make it travel even faster. Musk was inspired to launch this contest out of his own frustration after a traffic-laden drive between San Francisco and Los Angeles. While this drive can often take between six and seven hours, Musk envisions shortening that trip to thirty minutes through his revolutionary “pod” technology, which would shuttle travelers either above or below ground in specially designed metal tunnels. He estimates that top speeds of 700 mph could be achieved, saving millions of dollars in lost productivity due to ground traffic. His idea has exploded on the Internet and in labs worldwide as scientists vie to make history in reaching this goal. On July 20, 2017, Musk announced that he had received verbal approval from the US government to build a hyperloop system between New York City and Washington, DC. With its inspiring second-place finish, the Paradigm Hyperloop team has received more than $150,000 in funding from private sources, including cash, in-kind donations, and government grants. The students already know what they need to do to increase their vehicle speed—and plan to come back with a vengeance in the next event that will be held in the summer of 2018. + 29