May 16, 2019

Melbourne, Australia

 

PHM Technology (PHMT) is proud to announce that Hyperloop Transportation Technologies (HyperloopTT) is using the MADe solution to conduct its safety analysis. HyperloopTT is developing next generation transport systems that will drastically alter the way both people and cargo are moved.

 

HyperloopTT has designed an advanced transportation system where passengers and cargo capsules will hover through a network of low-pressure tubes between cities, drastically reducing travel time to increase productivity and efficiency throughout the world, whilst maintaining the highest levels of safety.

 

“We are impressed with the ability of MADe to digitize our safety analysis process and produce the outputs required for the certification for our designs,” said Bibop Gresta, chairman of HyperloopTT. “It is the only integrated, model-based solution that we have found for this type of analysis. As with any new technology the real test is in implementing it efficiently, and the engineering team at PHMT have the knowledge and experience to make sure we could immediately take full advantage of MADe’s model-based approach.”

 

“Hyperloop is developing highly complex systems using a crowd-sourced engineering team, one of their key challenges is to develop these safety-critical systems with a distributed workforce.” said Chris Stecki, CEO of PHM Technology, “The selection of MADe validates the advantages of a model-based solution that ensures the consistency of taxonomies, methodologies and workflows in their engineering process.”

 

About Hyperloop

Hyperloop Transportation Technologies (HyperloopTT) is an innovative transportation and technology company focused on realizing the Hyperloop, a system that moves people and goods at unprecedented speeds safely, efficiently, and sustainably. Through the use of unique, patented technology and an advanced business model of lean collaboration, open innovation and integrated partnership, HyperloopTT is creating and licensing technologies.

 

Founded in 2013, HyperloopTT is a global team comprised of more than 800 engineers, creatives and technologists in 52 multidisciplinary teams, with 40 corporate and university partners. Headquartered in Los Angeles, CA, HyperloopTT has offices in Abu Dhabi and Dubai, UAE; Bratislava, Slovakia; Toulouse, France; Contagem, Brazil; and Barcelona, Spain. HyperloopTT has signed agreements in the United States, UAE, Brazil, France, India, China, Korea, Indonesia, Slovakia, Czech Republic, and Ukraine.

 

HyperloopTT is led by co-founders Dirk Ahlborn (CEO) and Bibop G. Gresta (Chairman) and a senior management team of experienced entrepreneurs and professionals. For more information or media inquiries, contact press@hyperloop.global or visit www.hyperloop.global

 

About PHM Technology

PHM Technology is the Australian engineering software company that develops the Maintenance Aware Design environment (MADe). MADe is a model-based engineering decision support solution that digitizes the RAMS function and provides the integrated analyses required to conduct engineering risk management for the bid, design and sustainment of complex systems.

MADe is used by aerospace, marine and defence organizations in Asia, Europe and the US.

For more about PHMT and MADe, please visit: www.phmtechnology.com

 

Contact: Francis Meekattukulam

Marketing Specialist

E: Francis.meekattukulam@phmtechnology.com

T: +61 470 372 624