SpaceX has reportedly demolished the Hyperloop test track near its offices in Hawthorne, California. In its place, the company has erected a parking lot, which seems like a fitting end for something Musk once hailed as the “fifth mode of transportation.” Now it’s just a place to park one of the other four.
Sir Richard Branson is preparing to sell Virgin’s stake in US Hyperloop start-up as interest in the technology envisioned by Twitter billionaire Elon Musk has waned.A source said Virgin will…
Posco International said Tuesday that it clinched a partnership with Dutch hyperloop technology provider Hardt, with an aim to seek business opportunities in the global market for ultra high-speed, eco-friendly transportation system.
An ultrahigh-speed test device for electromagnetic propulsion – the "electromagnetic sled" – recently set a world record in Jinan, Shandong province. The device can propel an object weighing one metric ton or above at a speed of 1,030 kilometers per hour.
Chinese researchers have successfully carried out a systematic test on a cutting-edge transportation system involving a high-speed maglev train running in a low vacuum pipeline in North China.
While companies have raised hundreds of millions of dollars to design and construct hyperloop systems — with projects in India, the Netherlands, Saudi Arabia and the United States — the technology remains an aspiration.
Canadian travellers are set to be spending a lot more time hovering just above the ground over the next few years – assuming they’re partial to alternative modes of high-speed…
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.