Page 2 - Hyperloop Technologies News Today

Most employees were laid off and the company is trying to sell its remaining assets.

For years, Hyperloop One which had significant investment from Virgin’s Sir Richard Branson, promised being shot through metal tubes in capsules or pods was the future of transport. It however, is not

Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp

Hyperloop One (aka Virgin Hyperloop or Virgin Hyperloop One) was an American transportation technology company that worked to commercialize the high-speed

The high-profile transportation startup, Hyperloop One, that was touted by Elon Musk, is shuttering its airless tubes.

Once a high-profile startup, Hyperloop One raised more than $450 million since its founding in 2014, according to PitchBook.

The company had captured the public’s imagination since its founding in 2014, a year after Elon Musk released a white paper outlining a vision for hyperloop technology. The concept was a tantalizing promise of a new kind of transportation technology — and an end to traffic. 

High-speed transportation firm Hyperloop One is shutting down its operations from December 31, after failing to obtain a commercial project.

Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp

Hyperloop One, the company testing a proposed high-speed transportation system in the Nevada desert, is reportedly shutting down.Bloomberg reports that the comp