Monday, 23 October, 2017

Sir Richard Branson promises to build 'revolutionary' Hyperloop train service

After the Obamas handed the White House over to President Donald Trump and First Lady Melania Trump Michelle reportedly said'We're free After the Obamas handed the White House over to President Donald Trump and First Lady Melania Trump Michelle reportedly said'We're free
Velma Reese | 13 October, 2017, 00:41

The company adds that Virgin Hyperloop One will be an all-electric project that will operate in a manner that is responsible and sustainable, while still maintaining the latest engineering practices. As part of the deal the company will be renamed Virgin Hyperloop One and enter Sir Richard's Virgin Group umbrella.

"Ever since our creation, Virgin has been known for disruption and investing in innovative companies", said Branson.

Hyperloop One, which has previously raised more than $160 million, is working to develop a pod system that can travel at up to 750 miles per hour with better safety than passenger jets, and lower build and maintenance costs than high-speed trains.

In 2013, Musk pitched an idea for entrepreneurs to create a massive vacuum tube that could one day transport someone from Los Angeles to NY in 45 minutes.

The startup, which intends to create an ultrafast tube transportation system, was named Virgin Hyperloop One after the announcement of the strategic partnership that allows Branson to join the board of directors. He described the hyperloop concept as "a cross between a Concorde, a railgun and an air hockey table".

All eight Kenyan candidates invited to take part in the fresh poll
In Nairobi on Wednesday, Odinga said election officials stalled on actions, "creating an illusion of motion without movement". Odinga said the vote can't be free and fair because of the country's current circumstances.

The company has conducted two successful tests of its Hyperloop system on its 500-meter development track in Nevada.

TechCrunch notes that included in the re-branding, Virgin Hyperloop One will now be associated with Virgin Group's other projects.

In a statement released by Virgin on Thursday and credited to Branson, the entrepreneur noted that the new Virgin Hyperloop One could bring airline speeds to the ground.

Port colossus DP World Group of Dubai a year ago invested in the concept, joining backers including French national rail company SNCF, US industrial conglomerate General Electric and Russian state fund RDIF.

Hyperloop technologies have taken some exciting steps forward in recent years, as the first test tracks and pod designs are starting to come to fruition. It is building a network for underground tunnels to enable much faster transport between cities.

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