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Hyperloop One, known as Virgin Hyperloop until November 2022, was an American transportation technology company that worked to commercialize high-speed travel utilizing the Hyperloop concept which was a variant of the vacuum train. The company was established on June 1, 2014, and reorganized and renamed on October 12, 2017.
Later, Branson even became chairman of Virgin Hyperloop, as it was rebranded for a time. "The reason I became chairman of this company, I found this ridiculously exciting," Branson told CNBC in 2018.
Last year, Hyperloop One, a well-funded startup inspired by Musk’s vision (though not directly affiliated with Musk), threw in the towel after nearly 10 years.
Arrivo was founded in 2016, after an acrimonious departure of most of Arrivo's management team from Hyperloop One.A resulting lawsuit was settled. The company's trademark application described its mission as: "Financial advisory and consultancy services namely, provide expert project analysis in the field of transportation."
Concept art of hyperloop inner workings. Hyperloop is a proposed high-speed transportation system for both passengers and freight. [1] The concept behind the Hyperloop originated in the late 17th century with the invention of the world's first artificial vacuum, which led to designs for underground rapid transit systems powered by pneumatics in the decades that followed.
The above-ground Hyperloop testing tube in Hawthorne had sat idle for several years, drawing complaints about road and pedestrian access, as well as questions of its purpose. Elon Musk's Hyperloop ...
Hyperloop Transportation Technologies, also known as HyperloopTT, is an American research company formed using a crowd collaboration approach (a mix of team collaboration and crowdsourcing) [3] [4] to develop around the world [5] commercial transportation systems based on the Hyperloop concept.
Dirk Ahlborn [1] [2] is an entrepreneur, investor, and an American businessman. He is from Berlin and currently works in California; [3] he holds a U.S. citizenship and is the founder and Chairman of Hyperloop Transportation Technologies and CEO of Jumpstarter, Inc. [4] [5]