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Concept art of hyperloop inner workings. Hyperloop is a proposed high-speed transportation system for both passengers and freight. [1] The concept was published by entrepreneur Elon Musk in a 2013 white paper, where the hyperloop was described as a transportation system using capsules supported by an air-bearing surface within a low-pressure tube.
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.
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 ...
Musk floated the Hyperloop idea in 2013 as a way to transport people faster than either high-speed rail or even regional air travel. People would drive into a giant tube, and then be whisked at ...
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.
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.
Hyperloop developers aim to have capsules speeding through tubes at up to 700 kph (435 mph). Its backers say it's far more efficient than short-haul flights, high-speed rail and freight trucks, but it will involve significant investment in infrastructure. So far, in the limited space offered by the test center, the speed has been modest.
The startup behind the aspirational Hyperloop tunnel project in Northern Italy has struggled to pay employee salaries and rent this year, documents show Jessica Mathews March 2, 2024 at 10:12 AM