Well, that’s a bit outside of our standard FX and CFD industry news coverage.
Swiss-American Hyperloop technology startup Swisspod Technologies has announced a new strategic partnership with Retail FX and CFDs broker ICM.com, marking what it calls a major step towards revolutionizing global transportation.
The parties stated that ICM.com and Swisspod will join forces to shape a more connected and environmentally conscious world. By combining resources, knowledge and innovation, both companies aim to accelerate the growth and development of hyperloop technology worldwide and unlock new opportunities for economic growth and social progress.
Swisspod said ICM.com brings to the table extensive experience in financial services and investment capabilities, critical to the advancement and commercialization of hyperloop technology. The company’s decision to invest in a futuristic transit system perfectly aligns with its commitment to offer cutting-edge commercial products and services to a wide range of customers around the world.
Shoaib Abedi, Founder of ICM.com said:
“ICM.com is excited to embark on this transformational journey with Swisspod. This partnership is proof of our commitment to an innovative future. In line with Swisspod’s pioneering developments, our goal is to contribute to a more sustainable and interconnected world. At ICM.com, we proactively seek opportunities to make a meaningful impact on the global landscape.”
For Swisspod, the partnership with ICM.com marks a leap forward into a new era of innovation and advancement in high-speed transportation. With access to critical research and development resources, Swisspod continues its mission to pioneer hyperloop technology, moving closer to making the world’s first 1 Hour Hyperloop Ride happen in Switzerland. In addition to financial support, Swisspod gains valuable strategic guidance from ICM.com, empowering the company with insight into long-term planning and market dynamics. This partnership strengthens Swisspod’s credibility and attracts strong investor support, strengthening its position as an industry leader.
Denis Tudor, CEO of Swisspod added:
“The strategic alliance between Swisspod and ICM is not just a partnership, but a convergence of shared vision and values. It aligns with the commitment of both our companies to push the boundaries of what is possible and drive innovation on a global scale. ICM’s financial prowess and strategic insights will greatly accelerate our progress, bringing us closer to a future where hyperloop technology transforms the way we connect. We are confident that our synergies will lead to groundbreaking advances in high-speed transportation, ultimately benefiting communities, businesses, the environment and the world at large.”
Swisspod’s achievements include the creation of the first operational hyperloop infrastructure in Europe and ongoing testing efforts and continued progress in the construction of the world’s first full-scale hyperloop hub designed for long-distance missions in the US.
With the approval of the Swiss Government, including two grants from Innosuisse, Swisspod is poised to maintain its upward trajectory, furthering the advancement of sustainable high-speed transport solutions into the future. Additionally, the company has cemented its commitment to innovation through a Memorandum of Understanding signed with both the Swiss and Indian Governments alongside the TuTr Hyperloop. Together, they are focused on the development and growth of hyperloop technology in India, marking an important step towards the future of transportation.