Hyperloop One Believes To Be First With 750mph Hyperloop

Posted: May 11 2016, 1:23am CDT | by , Updated: May 11 2016, 2:24pm CDT, in News | Cars & Vehicles

Hyperloop One Believes To Be First with 750mph Hyperloop
Hyperloop One

Hyperloop One formerly known as Hyperloop Technologies believes to be first to make Elon Musk's Hyperloop a reality.

Hyperloop One announced a massive $80 million Series B investment to build one day a Hyperloop that connects Los Angeles and San Francisco in under 30 minutes. Hyperloop One, formerly known as Hyperloop Technologies, is backed by Sherpa Ventures' Shervin Pishevar. The company believes to be first to deliver a working Hyperloop.

The race is on between Hyperloop One and Hyperloop Transport Technologies. Maybe the latter should change the name to Hyperloop Two, to make things easier in covering the race.

The Hyperloop startup will show off the propulsion system for a Hyperloop pod on Wednesday in the Nevada desert. The animation below shows what this demonstration will be about.

Update: Watch the Hyperloop One Propulsion Test

Hyperloop One has also launched a global challenge that aims to identify and select locations around the world with the potential to develop and construct the world’s first hyperloop networks.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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