Burj Khalifa

Dubai, Hyperloop One to study potential for Abu Dhabi line

The futuristic city-state of Dubai announced a deal on Tuesday with Los Angeles-based Hyperloop One to study the potential for building a line linking it to the Emirati capital of Abu Dhabi.

The announcement of the deal took place atop the Burj Khalifa, the world's tallest building, with a panoramic view of the skyline of this futuristic city-state serving as both a backdrop and a sign of Dubai's desire to be the first to rush toward the future.

However, no financial terms were immediately discussed and the technology itself remains under testing, despite the Apple-like product talk given by Hyperloop CEO Rob Lloyd.

"This has become a transportation hub and...