Tag: Hyperloop One

Hyperloop One aims to raise hundreds of millions of dollars

Hyperloop One aims to raise hundreds of millions of dollars

Written by on November 11, 2016 in News with 0 Comments

LISBON (Reuters) –¬†Hyperloop One, which is developing a futuristic high-speed transport system, aims to raise hundreds of millions of dollars of fresh capital next year after a first full-scale test that could secure firm orders from clients, its founders said. The founders of Hyperloop One, which uses magnets to levitate pods inside huge airless tubes […]

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Hyperloop One raises funds to test pod transport tech

Hyperloop One raises funds to test pod transport tech

Written by on May 11, 2016 in News with 0 Comments

LAS VEGAS (Reuters) – Hyperloop One, a Los Angeles company working to develop the futuristic transportation technology, on Tuesday announced the closing of $80 million in financing and said it plans to conduct a full system test before the end of the year. A hyperloop would whisk passengers and cargo in pods through a low […]

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