Swisspod announce new €7M funding round for hyperloop transport

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Startup co-founded by Romanians and backed by Richard Branson targets EUR 7 mln to advance hyperloop technology for high-speed transportation. The company has expanded its research and development efforts in Colorado, USA, and, through a partnership with TuTr Hyperloop, is working on developing and deploying this cutting-edge technology in India.

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Swisspod starts building hyperloop test track at PuebloPlex

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Construction is underway for Swisspod's full-scale test track of its hyperloop transportation system at the PuebloPlex near the Pueblo Airport. The Swiss startup is working with railroad advisory company MxV Rail to build and test a full-scale prototype on land at the current US Army Chemical Depot site.

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Young Romanian among the winners of Elon Musk’s Hyperloop competition

Romanian engineering student Denis Tudor, 23, is among the winners of Hyperloop competition, which aims to find a transportation alternative for the future. Billionaire Elon Musk, CEO and founder of SpaceX and CEO of Tesla Motors, initiated the competition.

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