One of the startups that work on making Elon Musk's Hyperloop transport a reality signed a deal with the Slovakia.
Elon Musk is too busy to build the Hyperloop transportation system that allow for travel at rocket speeds. Currently two startups are working on making Hyperloop travel a reality. Dirk Ahlborn Hyperloop Transportation Technologies and Sherpa Ventures led Hyperloop Technologies.
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Dirk Ahlborn announced today that the company signed a deal with the Slovakian government to build a Hyperloop transportation system in the country. The idea is to enable Hyperloop travel to Austria and Hungary.
Hyperloop Transportation Technologies is building the first Hyperloop Transportation System in Quay Valley, CA. The track will be 5 miles long.
The competing Hyperloop Technologies company has been teasing a major announcement for today at 5pm PDT. The teaser video shows scenes from the construction site of the first Hyperloop track.
Hyperloop Transportation Technologies has licensed passive magnetic levitation technology enabling the first Hyperloop train. The video below details how traveling at speeds of 760mph in a vacuum tube works.
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