Richard Branson Invests in Hyperloop One

Richard Branson Invests in Hyperloop One

"Virgin has been known for investing in and creating innovative companies over the years, and I look forward to making history together as we bring Hyperloop to the world as Virgin Hyperloop One".

The technology for Hyperloop One is now in the early stages of commercialisation, after the successful completion of the first full-scale hyperloop systems test.

Virgin Hyperloop One and similar companies still face obstacles before they can make their commercial debuts, including securing funds from governments to invest in the service and assuring passengers the high-speed tubes are safe for travel. The announcement today says that this new global partnership will continue to focus on Hyperloop One as a passenger and mixed-use cargo system. Tests of Hyperloop One in the desert of Nevada have resulted in speeds of nearly 200mph in recent months.

The pod floats above the surface of the tube using electromagnets and is gradually accelerated to speeds typically reached by an airliner.

Virgin Hyperloop One will join Sir Richard's sprawling business empire, which includes high-speed rail investments in Virgin Rail and his space flight venture Virgin Galactic.

'Projected journey times in the United Kingdom include Edinburgh to London in 50 minutes'.

District Attorney Defends Decision Not to Prosecute Harvey Weinstein
It turns out Harvey Weinstein's lawyer donated money to the D.A. a couple years ago. The investigation spanned from 2010 to 2012. Vance later returned the contribution.

Electric: Testing under way near Las Vegas.

'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.

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

'This is just the latest example'.

The Virgin founder also noted his commitment to ensuring Hyperloop One remains all-electric, and "is a responsible and sustainable form of transport".

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

Related Articles

  • Sky suffers shareholder revolt over directors' pay and James Murdoch re-election

    Sky suffers shareholder revolt over directors' pay and James Murdoch re-election

    Review of the offer on public interest grounds by the UK Secretary of State for Digital, Culture, Media and Sport is on-going.
    CPI Inflation at 3.28% in September; August IIP rises 4.3%

    CPI Inflation at 3.28% in September; August IIP rises 4.3%

    The data revealed the overall food inflation moderated to 1.25 per cent in September from 1.67 per cent in the previous month. Rising energy prices and implementation of farm loan waivers aggravates the inflationary pressure.
    Trump says Puerto Rico can't get aid 'forever'

    Trump says Puerto Rico can't get aid 'forever'

    We call for an expansive "Marshall Plan" like approach for Puerto Rico's recovery and reconstruction. Puerto Rico didn't take a credit card and go out and buy big screen TVs or pave their roads in gold.
  • Stunned US face major questions after World Cup debacle

    Stunned US face major questions after World Cup debacle

    The U.S. needed only to tie Trinidad and Tobago , the world's 99th-ranked team, to qualify for its eighth consecutive World Cup. He said it was not the fault of Jurgen Klinsmann, head coach from 2011 through 2016, or Bruce Arena who took over from him.

    Analysts See $0.71 EPS for Pilgrim's Pride Corporation (PPC)

    Shares of CBS Corporation (NYSE:CBS) traded down -0.65% in the last session while performance was up 57.92% in the last five days. The stock of Flexion Therapeutics Inc (NASDAQ:FLXN) earned "Outperform" rating by BMO Capital Markets on Wednesday, June 29.
    Talwars acquitted by HC in murders of daughter Aarushi, help

    Talwars acquitted by HC in murders of daughter Aarushi, help

    The CBI said that it is waiting for a copy of the judgment and after going through it would move the Supreme Court in appeal. Tanveer Mir, a lawyer for the Talwars , told reporters outside the Allahabad court that the couple would be freed on Friday.
  • California wildfires toll reaches 23

    California wildfires toll reaches 23

    At least 23 people have been killed in more than 16 wildfires that continue to burn across Northern California. Manned roadblocks were set up between Sonoma and devastated areas of Santa Rosa.
    PNP, NBI welcome PDEA lead in drug war

    PNP, NBI welcome PDEA lead in drug war

    The second phase of the anti-illegal drugs campaign was launched in October 2016. Police waged an all-out war against illegal drugs upon Duterte's orders.
    Pakistan's army frees Western hostages held by Taliban for years

    Pakistan's army frees Western hostages held by Taliban for years

    Coleman was five-months pregnant at the time and the couple was backpacking through Central Asia. The U.S. has criticized Pakistan for failing to aggressively go after the Haqqanis.
  • Police Seek Person Of Interest, Missing Child In Ohio Death Investigation

    Police Seek Person Of Interest, Missing Child In Ohio Death Investigation

    Deputies found the bodies of three adults in a house trailer in an unincorporated area of Lawrence County at about 7:30 p.m. An endangered child advisory for a missing 8-year-old has been cancelled following a deadly shooting in southern Ohio.
    Owners of 'Breaking Bad' house build fence to prevent trespassers

    Owners of 'Breaking Bad' house build fence to prevent trespassers

    Neighbours have been bothered by it, too: "All day, non-stop, there's people up and down this road". In fact, the TV news crew saw 10 tourists visit the home in their first 15 minutes on the scene.
    Samsung Releases Star Wars Edition Styled Robot Vacuum Cleaner

    Samsung Releases Star Wars Edition Styled Robot Vacuum Cleaner

    This means from a smartphone you can start or stop the machine, schedule cleaning times, and check the cleaning history. You can control them via an app or with Alexa voice commands, but what sets these hoovers apart is their sound effects.