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Virgin's Hyperloop Venture Collapses Amid Financial Struggles - Vimarsana News

Virgin's Hyperloop Venture Collapses Amid Financial Struggles

Hyperloop One, a startup once backed by Richard Branson and promising sustainable high-speed transportation, is shutting down and selling its assets.

Death of Elon Musk's hyperloop dream: Start-up behind high speed vacuum-tube system that was backed by Sir Richard Branson and would move levitating pods of people at speeds of up to 760mph will be shut down this week - Vimarsana News

Death of Elon Musk's hyperloop dream: Start-up behind high speed vacuum-tube system that was backed by Sir Richard Branson and would move levitating pods of people at speeds of up to 760mph will be shut down this week

Hyperloop One's aim was to commercialise an idea of Elon Musk's, a system that aimed to propel pods full of passengers at speeds of up to 760 miles an hour.

Hyperloop One, which tested pods outside Las Vegas, shutting down: Report - Vimarsana News

Hyperloop One, which tested pods outside Las Vegas, shutting down: Report

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

WVU budget cuts: West Virginia lets school pay travel bills | Education - Vimarsana News

WVU budget cuts: West Virginia lets school pay travel bills | Education

WVU received invoices for flights transporting leaders in the West Virginia Legislature, in addition to WVU officials including President Gordon Gee, totaling roughly $209,000 from the start of 2021 through June 2023, according to documents obtained through a Gazette-Mail Freedom of Information Act request.

High-speed train company Hyperloop One shuts down - Vimarsana News

High-speed train company Hyperloop One shuts down

Based on an Elon Musk idea, with previous backing from Richard Branson, the firm will close this month.

Source: bbc.com