Paradigm Hyperloop is a team of students from Memorial University of Newfoundland, College of the North Atlantic, and Northeastern University of Boston that has been planning, designing, and developing a hyperloop pod, which is a conceptual fifth mode of transportation that involves levitating train-like vehicles that travel through low pressure vacuum tubes. The team has been at the project for two years!
J.D. Irving, Limited (JDI) is proud to sponsor the innovative work that the Paradigm Hyperloop team is doing.
The global SpaceX Hyperloop Pod Competition is put on by SpaceX for students to get involved and build hyperloop test vehicles. There are three academic competition, all independent of the other. These competitions allow engineering students across the world the means to see who can push the Hyperloop concept closer to reality by designing, building, and testing their own prototype; not to mention recognition on an international level.
Not only is the Paradigm Hyperloop team the only Canadian team to make it to the second competition, they were placed in the top 24 and advanced directly to the finals without having to conduct further technical assessment. The competition took place in Hawthorne, California at the SpaceX Headquarters between August 25th and 27th. The Paradigm Hyperloop team was incredibly successful in this round, finishing second in the world and first in North America!
“The team was incredibly successful this past week and I am so proud of everyone who is a part of it.” says Adam Keating, Project Lead for Paradigm Hyperloop.
“We are the first and only air bearing pod to successfully complete a High Speed Vacuum run in the Hyperloop Test track. We reached 101km/h with the largest and heaviest pod in the competition, weighing in at 1,800lbs and 20ft in length. Many other teams chose to pursue Maglev or wheel systems, Paradigm however chose to stick to the original path and prove the original concept was a viable premise.” adds Mark Comeau, Manufacturing Lead.
Competition three details are not finalized yet but it is expected to be similar format to competition two. As such, the Paradigm Hyperloop team is well-positioned to make a finals appearance once again given their successes in the first two competitions!
Want to learn more about the Paradigm Hyperloop Team? Visit their Facebook and LinkedIn page.
January-September 2021 compared with January-September 2020 *Net sales amounted to SEK 14,059m (13,818). The increase was primarily attributable to higher selling prices in all product areas. The discontinued publication paper operations (see page 5) and the divestment of Wood Supply UK (see page 7) had a negative impact on sales. Excluding these effects, net sales increased by 26%. *EBITDA increased 106% to SEK 6,303m (3,0631). The increase was mainly attributable to higher selling prices in all product areas and a stable, low cost level. EBITDA margin increased with 23 percentage points (of which 8 resulted from the discontinuation of publication paper operations and the divestment of Wood Supply UK) and was 44.8% (22.11). *Operating profit increased to SEK 5,226m (1,8531) *Operating cash flow amounted to SEK 3,453m (1,731)
On behalf of the workers in our sector, Forest Products Association of Canada is disappointed in this outcome and strongly believes that these duties are completely unjustified and represent a costly and losing proposition for workers and paper customers on both sides of the border. FPAC applauds the swift response issued last night from Foreign Affairs Minister Chrystia Freeland and Natural Resources Minister Jim Carr – they unequivocally defended Canada’s interests. In addition to strongly defending Canadian workers and businesses against these unfounded duties imposed by our U.S. neighbours, FPAC is calling on the Trudeau government to do the following: •Continue efforts to support industry’s efforts to aggressively diversify export markets. •Partner with FPAC and Canada’s forest products sector and our workers to further enable the transformation of our sector into new and innovative product areas. •Activate employment support programs for any Canadian workers who might be impacted in the event of reduced shifts or job losses. Click Read More below for additional information.
Sylvamo is announcing it reached an agreement and completed the sale of its Russian operations to Pulp Invest Limited Liability Company for $420 million. After foreign currency exchange rates and transaction fees, Sylvamo received approximately $390 million in cash proceeds. "We made a principle-based decision to exit Russia and believe Pulp Invest is the best option for our Russian colleagues and assets," said Jean-Michel Ribiéras, chairman and chief executive officer. "We intend to use $325 million of the proceeds to repay debt."