May 10, 2016

Hyperloop Technologies becomes Hyperloop One, pulls in $80 million and announces global partners

Sunset in paradise The news comes just days after rival hyperloop builder Hyperloop Transportation Technologies (HTT) announced a licensing deal to power its own prototype with magnetic levitation technology. Both Hyperloop One (formerly Hyperloop Technologies) and HTT are based in L.A. and both are working on models of Elon Musk's Hyperloop – a vacuum tube-based transportation technology promising… Read More

Source: TechCrunch