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 hyperloop.
Pishevar said in a statement on Tuesday that he would take a leave of absence from venture firm Sherpa Capital and transportation
startup Hyperloop One.
HTT faces competition to create the first Hyperloop prototype from fellow Los Angeles - based
startup Hyperloop Technologies.
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.
Not exact matches
The Virgin Group and
Hyperloop One are entering into a strategic partnership as a part of the deal, and the
startup will also be rebranding to be known as Virgin
Hyperloop One over the coming months.
Hyperloop One, a
startup pursuing the system for commercial use, reached a top speed of 192 mph in August on its 500 - meter test track in Nevada.
Hyperloop Tech is a conventional
startup that should soon close nearly $ 80 million in funding and currently has 109 full - time employees.
Step aside, Nicki Minaj, Meek Mill, or whoever had the most recent rap feud —
Hyperloop startups are trying their hand at beef.
• Virgin
Hyperloop One, a Los Angeles - based tubular transit system
startup, agreed to raise $ 50 million in funding, according to Axios.
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.»
Startup firm
Hyperloop Transportation Technologies announced that it has licensed cheaper, safer technology than the magnetic levitation currently used in high - speed trains.
The team behind the Virgin
Hyperloop One
startup announced their latest milestone.
He remains close to members of both
startups currently in the lead to produce the first working
Hyperloop —
Hyperloop Transportation Technologies, or HTT, and
Hyperloop Technologies Inc., or HTI.
The other
startup working on the
Hyperloop, aptly called
Hyperloop Technologies, is laying out its own track in the California desert.
Although there's not much more than a bunch of pontificating palaver around
hyperloop technologies now, the
startup companies and their corporate backers do present an compelling vision of the future of transportation.
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.
A
hyperloop startup has built the first full - scale test track for the transportation system in the desert outside Las Vegas.
The company's name change, also announced today, will differentiate the two - year - old
startup from its competitor
Hyperloop Transportation Technologies (HTT).
The other LA - based
startup,
Hyperloop Transportation Technologies, has yet to conduct any public demonstrations.