Virgin Reveals ‘Revolutionary’ Hyperloop One Plan Mike Brown - Inverse
go to original October 13, 2017

Virgin Hyperloop One introduction with Richard Branson (The Wheel Network)

Richard Branson is throwing his weight behind “the world’s most revolutionary train service.” The entrepreneur announced on Thursday that his Virgin Group has invested in Hyperloop One, a firm seeking to bring Elon Musk’s vacuum-sealed transport system to life, with a deal that sees the company renamed to Virgin Hyperloop One as part of a new strategic partnership.

“Ever since our creation, Virgin has been known for disruption and investing in innovative companies,” Branson said. “From our airlines to our trains to our spaceline, we have long been passionate about innovation in transport too, especially the development of technology that could transform people’s lives. This is just the latest example. Importantly, Virgin Hyperloop One will be all-electric and the team is working on ensuing it is a responsible and sustainable form of transport too.”

It’s an exciting time for Virgin Hyperloop One. The company reports “a growing demand from governments and the private sector,” with projects underway in the United States, United Arab Emirates, Canada, Finland, the Netherlands, and India. The strategic partnership as a whole will focus on both passenger and mixed-use cargo services.

Virgin Hyperloop One even has a new logo:



Since its founding in 2014, Hyperloop One keeps getting stronger. It was formed just a year after Musk first released his white paper for Hyperloop, where he detailed a vacuum-sealed tube that could enable pods to move at speeds of up to 700 miles per hour.

Read the rest at Inverse

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