Sentences with phrase «based hyperloop»

US - based Hyperloop Transportation Technologies (HTT) has announced that its superfast transportation project has entered the production...

Musk is not involved with Hyperloop One or its closest competitor, L.A. - based Hyperloop Transportation Technologies.

Since its first public test run in Nevada in May 2016, Los Angeles - based Hyperloop One has announced feasibility studies across the globe, in the United Arab Emirates, the Netherlands, Finland, Sweden, Switzerland, the U.K., and Russia.

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).

Not exact matches

DUBAI, United Arab Emirates — The Dubai - based port operator DP World put its name Sunday on the hyperloop technology it has already spent millions of dollars to develop as work continues to make it operational across the grand plans of its designers.

But for Los Angeles - based startup Hyperloop One, adding Richard Branson might have elevated its chances — if not internally, then for the rest of the world.

HTT faces competition to create the first Hyperloop prototype from fellow Los Angeles - based startup Hyperloop Technologies.

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.

• Virgin Hyperloop One, a Los Angeles - based tubular transit system startup, agreed to raise $ 50 million in funding, according to Axios.

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.

But then the Los Angeles - based startup recently raised $ 85 million in funding, including a newly - announced partnership with billionaire mogul Richard Branson and his Virgin Group — a move the now - called Virgin Hyperloop One says «provides external validation.»

Hyperloop One was founded in 2014 and was one of two original companies attempting to fulfill Musk's vision for a tunnel - based transportation system — the other is Hyperloop Transportation Technologies.

The Hyperloop could change the way we travel or even commute to work on a daily basis.

Virgin Hyperloop One, which is developing a tube - based train system, called a board meeting Sunday night and discussed allegations covered in the Bloomberg story, said people with knowledge of the discussion.

He is also the co-founder and co-executive chairman of Virgin Hyperloop One, which is seeking to develop a futuristic tube - based transportation system with Richard Branson.

«Based on McKinsey's assessment of our technology, Virgin Hyperloop One - enabled supply chains can dramatically impact business bottom lines by reducing both finished goods inventory and required warehouse space by 25 %,» said Rob Lloyd, the chief executive officer of Virgin Hyperloop One.

Virgin Hyperloop One and DP World are launching a new joint venture, DP World Cargospeed, two years after the high - speed transportation technology developer tapped the UAE - based shipping company in a $ 50 million financing.

Hyperloop One, a three - year - old, L.A. - based company working to create near - supersonic trains that can whisk both passengers and cargo in giant pneumatic tubes at speeds of many hundreds of miles per h

Musk has likened the hyperloop to both a ground - based Concorde and a «cross between a Concorde and a railgun and an air hockey table», while noting that it has no need for rails.

And if flying through the air in an autonomous drone isn't your bag, perhaps you'd be more interested in tube - based travel: Dubai is working with LA - based startup Hyperloop One to build the world's first passenger - ready hHyperloop One to build the world's first passenger - ready hyperloophyperloop.

Based on the most recent developments to Hyperloop Transportation Technologies project, it can be said that the dream of developing a high - speed transportation system is turning solid day by day.

When a conversation between Musk and investor Shervin Pishevar sparked an idea that this technology can also be used for cargo, it created the base for the creation of Hyperloop One.

And the biggest shock is that the designers envision their Dubai hyperloop to be both ultrafast transportation system and a smartphone - based, on - demand service, à la Uber.

The other LA - based startup, Hyperloop Transportation Technologies, has yet to conduct any public demonstrations.