ibusinesslines.com
ibusinesslines.com July 18, 2018


Hyperloop One Is Now 'Virgin Hyperloop One' Thanks to Richard Branson's Investment

12 October 2017, 07:35 | Justin Tyler

Hyperloop One Is Now 'Virgin Hyperloop One' Thanks to Richard Branson's Investment

Richard Branson poses at the Empire State Building to promote the DS Virgin Racing team and The New York City ePrix in New York City U.S

Branson appeared Thursday on CNBC's "Squawk Box" to announce his company, Virgin Group, is investing in Hyperloop One, which is developing the super-fast transport system originally dreamed up by Elon Musk.

Virgin Galactic founder Richard Branson predicts he will travel in space before he ever becomes a passenger on a hyperloop.

Branson attended and said he saw "firsthand the exciting technology being tested".

Hyperloop trains work by loading passengers and cargo on to a pod which is accelerated to speeds of nearly 700mph inside a sealed low-pressure tube using electric propulsion.

Trains: Hyperloop floats above the surface of the tube.

"Virgin Hyperloop One are leading the way in these efforts", he continued, noting that the company is "working on exciting projects in the Middle East, Europe, India, Canada, and the U.S.".

Its tracks use magnetic levitation and the pod glides at airline speeds for long distances. In its announcement today, Virgin Hyperloop One says that it "continues to see a growing demand from governments and the private sector around the world".


"From our airlines to our trains to our spaceline, we have always been passionate about innovation in transport too, especially the development of technology that could transform people's lives", Branson said in a statement. "I was very impressed and now look forward to helping turn this cutting edge engineering into a global passenger service".

'This is just the latest example'.

There are consumers, for instance, that would love to go from London to Edinburgh in roughly 45 minutes.

Hyperloop One, the Los Angeles-based startup working on an ultrafast tube transportation system, is no more.

The hyperloop tube is 3.3 metres wide and the pod inside can accelerate from 0 to 60mph in 1.85 seconds.

Meanwhile, Musk is now working part-time on a similar project, called The Boring Company.



Other News

Trending Now

Rapper Princess Nokia throws hot soup on man after racist subway outburst
The reason why this woman can easily put this on the news is due to her title as New York City based rapper, Princess Nokia . It wasn't the first time Frasqueri stood up for herself or others.

Ireland approves $1 billion Apple data centre
Up to 2,000 residents marched through Athenry in support of the data centre development back in November 2016. Data Economy has requested Apple to comment on the court's ruling.

Mark Hunt off UFC Sydney; replaced by Fabricio Werdum
Lesnar was Hunt's third consecutive opponent who had tested positive for performance-enhancing drugs. Recent UFC 216 victor Fabricio Werdum replaces Hunt on the November card from Australia.

Kimmel: Trump threat to NBC is 'what dictators do'
Angelina Jolie, Gwyneth Paltrow, Heather Graham and Ashley Judd are among those to have accused the film producer of harassment. Trump tweeted. "Should we get Equal Time? ". "This type of predation happens behind closed doors, and out of public view".

Disney's Movies Anywhere launches with five of six studios on board
There's no subscription fee to use the services, which is just as well seeing as you'll already have paid for the movies . The app is based on the Keychest technology that also made up the Disney Movies Anywhere service.

India's August Industrial Production rises 4.3%
Food and beverages during the month under consideration recorded a rise of 1.76 per cent over the same month a year ago . Among non-food categories, the "fuel and light" segment's inflation rate accelerated to 5.56 per cent in September.

Here's how wildfires up north are affecting people in Merced County
Wildfire smoke can be unsafe to our health and even those who are healthy can get sick if there is enough smoke in the air. In the Bay Area, that means six different organizations have pledged to donate $450,000 for fire relief efforts.