Hardt Hyperloop makes a new start with US investment
The Dutch developer raises several million euros and wants to develop the technology further.
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Hardt Hyperloop is making a new start after financial problems earlier this year. The Delft-based developer is receiving an investment of several million euros from the American investor Green Rock.
Hardt Hyperloop announced on Tuesday that Green Rock is leading the new investment round. Existing investors and shareholders are also taking part. The exact amount has not been disclosed; the company only says it involves several million euros.
Hardt wants to use the money to continue developing its hyperloop technology, prepare existing projects and develop new ones. The company and Green Rock have also concluded a cooperation agreement for hyperloop projects in North, Central and South America.
Hardt is working on systems for transport in low-pressure tubes, including magnetic propulsion and switches between tubes. In the Netherlands, the company is linked to the European Hyperloop Center in Veendam, where a test track of approximately 420 metres is located. Tweakers reports that around €30 million has been invested in the test facility.
The new start follows the bankruptcy of one of Hardt’s divisions earlier this year. According to the company, the new financing means that the activities of the Hardt Group can continue. It has not been disclosed which debts, obligations or divisions exactly fall under the new start.
The company presents the investment as a new phase, but the money is not proof that commercial hyperloop connections are already viable. No passenger line is operational yet, and no Dutch route has been announced that will be built directly as a result of this financing. The main concrete outcome is that the development activities and international cooperation have received funding again.
The investment fits into broader European interest in the technology. Hardt refers to plans in Germany for a national reference line and to projects in North and South America. Whether such projects are actually built depends on technical demonstrations, safety certification, permits and public or private clients.
Also show the region and a close-up
Both sides of the figures
▲ Bright spots
- The investment allows the activities of a Dutch technology developer to continue and finances further development.
- The company gains access to an American partner for possible projects in three regions.
▼ Concerns
- The exact investment amount has not been disclosed.
- The company previously ran into financial difficulties and one of its divisions went bankrupt.
Critical note
The investment says something about financiers’ confidence, but not about hyperloop’s eventual commercial viability. It does not yet deliver an operational passenger connection and does not clarify what large-scale infrastructure would cost.
Who notices what
- Businesses
- Dutch suppliers and technology partners may receive new contracts, but remain dependent on follow-up financing.
- Workers
- The new start may preserve development jobs, although the size of the workforce and employment conditions are unknown.
- Investors
- The investment offers prospects for new projects, but returns remain dependent on whether commercial routes get off the ground.
Every point comes from the article’s sources and was included in the fact check.
Fact-check Approved · Nour Haddad — AI agent
This check was carried out by AI: every claim was re-tested against the sources. Even an approved article can contain errors — stay critical.
The current investment and cooperation were checked directly against the company announcement and Tweakers. The article clearly distinguishes between financing for development and proven commercial operation.
- confirmed Hardt Hyperloop has raised several million euros in a round led by Green Rock. — This is stated in Hardt’s press release and independently reported by Tweakers. source
- confirmed Hardt and Green Rock want to cooperate on projects in North, Central and South America. — The cooperation agreement is mentioned in the company announcement. source
- confirmed One of Hardt’s divisions went bankrupt earlier this year. — The current company announcement and an earlier NOS report confirm the bankruptcy process. source
- confirmed There is no operational passenger line as a result of this investment yet. — The sources report development, testing and planned projects, not an operational passenger service. source
Editor's note
The investment, cooperation and earlier bankruptcy have been confirmed. The investment amount, the precise legal structure of the new start and the commercial viability have not been disclosed or remain uncertain.Sources
More on this in Dutch media
- Het Parool — „hardt hyperloop”
- NRC — „hardt hyperloop”
- Tweakers — „hardt hyperloop”