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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.
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.
At annual competitions, engineers and students from across the globe sought to develop and test Musk's proposed Hyperloop transportation technology, which promised to hurl passengers through ...
In theory, hyperloop technology is a vacuum tube-based system that moves people and goods by levitating capsules at airplane speeds on the ground. Hyperloop Transportation Technologies ...
And, as Fortune has learned, another small, venture-funded and Musk-inspired startup called Hyperloop Transportation Technologies (HyperloopTT) has also come dangerously close to skidding into the ...
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. [2]
Hyperloop, once trumpeted by Elon Musk, involves capsules floating on magnetic fields zipping at speeds of arund 700 kph (435 mph) through low-pressu Dutch hyperloop center aims to advance ...
The technology allows for a combination of crowdsourcing and crowdfunding. The company has its own web portal, jumpstartfund, through which it explores the concept of a crowd-powered incubator. [2] [3] The company is known for picking Elon Musk's idea of Hyperloop and incorporating it as founding party under Hyperloop Transportation ...