Sentences with phrase «working hyperloop system»

Hyperloop Transportation Technologies, a group of about a hundred engineers from around the world, have come together via the JumpStartFund crowdsourcing platform to pitch together their ideas for a working Hyperloop system in exchange for potential equity.

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

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

Not exact matches

Elon Musk released plans for his Hyperloop high - speed transit system on Monday, following days of speculation on what it was and how it would work.

Teams developing pods to work on the superfast transport system hyperloop are heading to California to test their devices at SpaceX.

Virgin Hyperloop One, which has been testing in Nevada with speeds reaching 240 miles an hour, is working to meet a goal of having three production systems in service by 2021, according to its website.

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.

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.

More than 20 teams developing pods to work on the hyperloop, the superfast transport system, are heading to California this weekend to test their devices at SpaceX's test track.

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.

Those experts state that not only can we have a Hyperloop train running in California within a decade, but that it will cost between $ 7 and $ 16 billion, which is actually a lot less than the high - speed rail system that the state is working on.

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

Although many discredit Elon Musk's idea for his Hyperloop transit system, plans are in the works make it a reality.

Hyperloop Transportation Technologies (HTT), a research company committed to building the revolutionary Hyperloop transit system, inspired by Elon Musk's idea of making people travel in high - speed tubes, has secured a target launch date of 2016 to build a working full - scale demo version of the Hyperloop.