Missouri Hyperloop Coalition to make announcement

ST. LOUIS, Mo. -  An announcement is coming Tuesday afternoon about the future of a possible Hyperloop route connecting St. louis, Columbia and Kansas City along Interstate 70.

The Hyperloop system uses electric propulsion to send a train-like pod through a low-pressure tubular track at high speed. The pods could carry either passengers or cargo.

The pods would travel up to 670 miles per hour cutting the trip from St. Louis to Kansas City down to 31 minutes.

Missouri did not initially make the cut for the top ten potential sites for the Hyperloop. However, in October, an official from Virgin Hyperloop One, the company working to make the high-speed transportation a reality, said after completing a $1.5 million feasibility study, Missouri would be among the top five contenders for a track, possibly even in the top three.

The Missouri Hyperloop Coalition is a public-private alliance consisting of the Missouri Department of Transportation, the St. Louis Regional Chamber, the KC Tech Council, the University of Missouri system and the Missouri Innovation Center in Columbia.

The coalition has not yet said what it could potentially cost to build the Hyperloop system in Missouri, but officials in Colorado, another contender, proposed a 360-mile Hyperloop system with a $24 billion price tag.

Tuesday`s new information will be available at 2 p.m.