Virgin Hyperloop plans to commercially launch its cargo services by the middle of this decade rather than the early part of the 2030s. The move is directly linked to the ongoing global supply chain “logjams” set off by the pandemic
Virgin Hyperloop has nominated current CFO Raja Narayanan to be its interim CEO. He will take over from Josh Giegel, who is also the founder of the company. Narayanan will continue to be CFO.
Hardt Hyperloop, the Dutch company working on the development of the hyperloop, has been awarded 15 million euros by the European Commission. It is the first time that a hyperloop company has received such financial support from Brussels.
A technical study presented on Thursday by the government of Rio Grande do Sul state in southern Brazil confirms the technical and commercial feasibility of a hyperloop project to transport people and…
Nord Stream – a notorious Russian gas pipeline project that was staunchly opposed by the US – became the boogeyman of Central and Eastern Europe because of the obvious security…
Construction will start on the test line for a low-vacuum maglev high-speed train with a speed of up to 1,000 kilometers per hour in Datong, North China's Shanxi Province, as preparation work is done, the local government said.
The United States Senate passed the $1.2 trillion bipartisan Infrastructure Investment and Jobs Act which includes provisions that will support further development and deployment of hyperloop.
The world's first high-temperature superconducting high-speed maglev engineering prototype launched at Southwest Jiaotong University in Chengdu. The vehicle is expected to bring disruptive changes to rail transit industry with the application of low vacuum tube (tunnel) technology.
The European Commission has released the European Union Sustainable and Smart Mobility Strategy and hyperloop is explicitly identified as a game-changing mobility technology.
Just 10 days after launching a fundraising campaign on investment platform Seedrs, Hyper Poland has achieved its €451,000 investment target. This funding will be dedicated to the continued testing and development of the next generation of high-speed railways.