Zeleros has filed for voluntary insolvency. A court has declared the company insolvent and placed it under external administration. The start-up failed to attract enough investment to continue its development.
Zeleros was founded in 2016 by students of the Polytechnic University of Valencia. Over the past two years Zeleros had tried to move into adjacent sectors, announcing work on autonomous rail platforms (similar to those of US-based Parallel Systems), a freight maglev for port applications, and batteries for automotive and aviation use. None of these projects secured stable funding either. Headcount fell from 80 in 2023 to 26 in 2026.
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- 2026-04-25_Rollingstock_zeleros
Zeleros is the second start-up in the sector to fold in 2026, following the bankruptcy of Dutch developer Hardt Hyperloop. The first, US-based Hyperloop One, ceased operations in early 2024. Vacuum-based maglev projects are currently most active in India and China.
Info based on: https://rollingstockworld.com/economy/a ... -bankrupt/ Accessed 2026-04-25