Swisspod announce new €7M funding round for hyperloop transport

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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Romanian inventor who tested the first hyperloop in 1971

Romanian inventor Henri Coanda invented and tested the first vacuum tube transport test (what is now called the Hyperloop ); the first successful test with the vacuum tube was carried out in Bucharest, near CET SUD, in June 1971, using a pipe of 200 meters long and one meter diameter, which established the world record for the World's First Hyperloop , according to the Academy Of World Records.

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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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