During the event, Fortune sat down with the leadership of L.A. - based
Hyperloop Tech and they had some tough talk for the very similarly named Hyperloop Transportation Technologies (or HTT).
Lloyd is just one in a true murderer's row of entrepreneurial and engineering talent that
Hyperloop Tech has assembled.
Hyperloop Tech, by contrast, has a site in Nevada, a state the team described as more cooperative on permitting than California.
Hyperloop Tech's rhetoric may even show, albeit in a backhanded way, that it takes HTT seriously as a long - term competitor.
Also sitting in on the interview were CTO Brogan BamBrogan, formerly an engineer with SpaceX, Northrop Grumman, and Chrysler; and Shervin Pishevar, co-founder of
both Hyperloop Tech and Sherpa Ventures.
Hyperloop Tech and HTT both launched soon after with the goal of getting pods into tubes.
Hyperloop Tech is a conventional startup that should soon close nearly $ 80 million in funding and currently has 109 full - time employees.
For all the bluster from
Hyperloop Tech, HTT isn't exactly a slouch.
«It feels like there's some confusion between the company that's building something, and the company that has people talking about building something,» said Rob Lloyd,
Hyperloop Tech's CEO.
In the same article, Ahlborn expressed his own frustration that
Hyperloop Tech, founded after HTT, had selected such a similar company name.
Not exact matches
He also has investments in U.S.
tech ventures, including the Virgin One
Hyperloop project,
Magomedov is also co-executive chairman of Los Angeles - based
tech firm Virgin
Hyperloop One, which is chaired by Richard Branson.
Magomedov is co-executive chairman of Los Angeles - based
tech firm Virgin
Hyperloop One chaired by Richard Branson, one of several firms developing a futuristic transport system that involves propelling people at high speed through sealed tubes.
Those excited to ride on the
Hyperloop on their own will be pleased to know that they could be riding using the
tech in only five years.
After the US meeting, the crown prince said: «
Hyperloop is the catalyst to enable all fourth - generation technologies to flourish in the Kingdom while creating a vibrant society and thriving economy through visionary cities and high -
tech clusters.»
What about
hyperloop or some med
tech company?
Moreover, the capsule vehicle may be paired with the
hyperloop systems after the
tech becomes widespread.
Although, as of now, the main intent of the startup is to prove the viability of the
Hyperloop project, while at the same time developing something that can be called more than a
tech demo.
One of the companies planning to build a
Hyperloop test track has begun receiving its first set of test tubes, reported
Tech Insider's Cadie Thompson.