Sentences with phrase «hyperloop companies»

Neither SpaceX nor Elon Musk is affiliated with any Hyperloop companies.

«[Hyperloop companies] are trying to sell the investors on it.

Not exact matches

On March 9, Musk tweeted that he is «adjusting the Boring Company plan: all tunnels & Hyperloop will prioritize pedestrians & cyclists over cars,» adding that the systems «will still transport cars, but only after all personalized mass transit needs are met.

By building a series of underground tunnels, Musk hopes the company will create the infrastructure for new forms of transit, like Hyperloop, that will allow people to travel faster and face less congestion.

Virgin boss Richard Branson says his company will have a hyperloop operational in two to three years.

Virgin Hyperloop is «way ahead» of other companies focused on the high speed transportation technology, Richard Branson said.»

From his Boring Company to Hyperloop and reusable rockets, serial entrepreneur Elon Musk had a lot to discuss the 2017 TED conference on Friday.

Musk has said he wants to build a commercial Hyperloop between New York City and Washington, DC, through his newest venture, the Boring Company.

The ultimate goal of the Boring Company is to build an underground tunnel network that can support cars or a Hyperloop, but currently it's digging a test tunnel in the SpaceX parking lot.

The company also has competition from companies like Hyperloop Transportation Technologies, as well as from Elon Musk, who first proposed the system four years ago and recently decided to give it a go himself.

(A representative for Hyperloop One wouldn't confirm or deny that figure to Inc.) placeholder That's an extremely high number for a company that is still yet to prove its technology works at full scale.

Hyperloop One, one of the companies looking to create the high - speed rail that Elon Musk outlined in 2013, on Tuesday released a video that shows what it might look like to travel by Hyperloop.

By investing in Hyperloop One and joining the company's board, Branson will turn his attention back to the ground.

The name certainly helps too — the company is now rebranding as Virgin Hyperloop One.

Still, Hyperloop One has probably made the most strides of any company looking to build the low pressure, high speed tubular system first proposed by Elon Musk in 2013.

Musk — who already plays leading roles in the SpaceX rocket venture, the Tesla electric car company and the SolarCity solar - energy company — unveiled what he has called the «alpha» version of the Hyperloop plan in a blog post on Monday.

But before either company can build a working Hyperloop system, a number of financial questions remain.

But before either company can build a working Hyperloop system, plenty of questions remain.

Elon Musk says The Boring Company has verbal government approval to build an underground Hyperloop.

In the same article, Ahlborn expressed his own frustration that Hyperloop Tech, founded after HTT, had selected such a similar company name.

«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.

The hyperloop, a catch - all term describing the technology that's been developed by numerous companies since Tesla and SpaceX CEO Elon Musk crowdsourced the idea in 2012, resembles a bullet train that can theoretically travel at velocities nearing the speed of sound (about 700 miles per hour).

In my mind, Musk's idea has two components: building tunnels quickly and cheaply (The Boring Company), and a futuristic high - speed train (Hyperloop).

Hyperloop One completed the second phase of testing its ultrafast transportation system, propelling an aerodynamic pod down a low - pressure tube at record speed and distance, the company announced Wednesday.

The founder of Virgin Group signed a preliminary agreement on Sunday in Mumbai for a broad hyperloop framework, the company said in a statement.

In addition to SpaceX, the entrepreneur serves as chief executive of Tesla Motor Co., an electric car company, is chairman and co-founder of SolarCity and is working to build a high - speed «Hyperloop» transportation system, which — in theory — could revolutionize travel by cutting commute time from Los Angeles to San Francisco to 30 minutes.

His Boring Company wants to build a «Hyperloop» vacuum - tube tunnel that would suck people from Washington, D.C. to New York in less than half an hour, at speeds of almost 800 mph.

While these teams, along with larger companies such as Hyperloop One and Hyperloop Transportation Technologies, are working on solving the technical issues of the hyperloop, other challenges exist ahead for the transportationHyperloop One and Hyperloop Transportation Technologies, are working on solving the technical issues of the hyperloop, other challenges exist ahead for the transportationHyperloop Transportation Technologies, are working on solving the technical issues of the hyperloop, other challenges exist ahead for the transportationhyperloop, other challenges exist ahead for the transportations system.

Hyperloop One this week announced that it completed the first full - scale test of its high - speed transportation system, a move the company hailed as the burgeoning technology's «Kitty Hawk moment.»

Indeed, with companies like Hyperloop One touting nearly supersonic travel speeds, the need to reside close to where you work could be completely eliminated.

The company announced in late 2016 that it signed an agreement with Dubai Roads and Transport Authority to evaluate using the Hyperloop between Dubai and Abu Dhabi.

In July 2017, Musk tweeted that he received «verbal governmental approval» for Boring Company to build an underground Hyperloop system connecting major cities in the northeast US.

On Monday, Virgin Hyperloop One (one Los Angeles - based company that's developing the technology) and Saudi Crown Prince Mohammed bin Salman unveiled a prototype of a Hyperloop pod for the project.

Musk has used branded merchandise to raise money and draw attention toward his tunnel - boring business, The Boring Company, with which he hopes to construct underground tunnel networks that could be used for his proposed Loop and Hyperloop high - speed transit systems.

One of Musk's side projects, The Boring Company, is exploring more efficient ways of digging tunnels beneath Los Angeles, and the entrepreneur recently said he's now looking to build the hyperloop himself.

Speaking of the Hyperloop — between that and Virgin Galactic, your companies seem to have a lot of overlap with Elon Musk's.

But because Musk has an established track record of developing and turning ideas that sound extreme into thriving real - world products and companies, his Hyperloop idea is not being dismissed.

According to a press release from Hyperloop One, Branson's Virgin Group is investing in the company, which will rebrand itself as Virgin Hyperloop One.

Hyperloop chairman and chief operating officer explains what the Elon Musk - backed company has to offer India.»

Most companies working on hyperloop systems are currently focused on the actual low - pressure tunnel and propulsion sub-systems and not the interior of the passenger pods.

But, leaked internal documents from Hyperloop One, one of two companies working to make Musk's dream a reality, reveal the estimated cost for a 107 - mile route in the Bay Area, California is between $ 84m and $ 121m per mile.

Elon Musk and his company, SpaceX, have finally chosen one of the major firms that will be integral to the construction of the Hyperloop.

A feasibility study on a system by Hyperloop One, commissioned by FS Links and carried out by public accounting company KPMG, reveals that a network connecting Sweden's Stockholm and Finland's Helsinki will cost about $ 19 billion, or $ 21 billion, to build.

They included SpaceX, the spaceflight company; Tesla, the electric - car manufacturer; SolarCity, a Tesla subsidiary that provides solar energy; and Hyperloop, the project to build a cross-country, high - speed transportation system.

Elon Musk's SpaceX and rival companies Hyperloop Technologies and Hyperloop Transportation Technologies Inc. now all have a glowing regulatory co-signer into the construction of a hyperloop and it's coming from United States Transportation Secretary AnthHyperloop Technologies and Hyperloop Transportation Technologies Inc. now all have a glowing regulatory co-signer into the construction of a hyperloop and it's coming from United States Transportation Secretary AnthHyperloop Transportation Technologies Inc. now all have a glowing regulatory co-signer into the construction of a hyperloop and it's coming from United States Transportation Secretary Anthhyperloop and it's coming from United States Transportation Secretary Anthony Foxx.

Since then, a research company called Hyperloop Transportation Technologies (HTT)-- unaffiliated with Musk or any of his other companies and ventures — is right on track to making science - fiction legit science by building an actual test track for the technology in California.

Hyperloop One is not the only company that is working on putting up a Hyperloop system in Europe though.

In addition to overcoming regulatory obstacles in the desired locations for their test tracks, the vying companies must also resolve the costly price attached to building such a hyperloop system.

Hyperloop One, one of the few companies trying to turn Elon Musk's dreams into a reality, has moved one step closer to revolutionizing transportation.

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