After SpaceX announced the Hyperloop Pod Competition last year, hundreds of teams submitted design packages, 124 teams passed the screening round and moved forward to the ‘Design Weekend’, where a panel of judges consisting of Tesla and SpaceX engineers selected 23 winners.
The winning teams shared ~$250,000 in cash to help them build their pod prototypes for the final phase of the competition which will take the form of a race on SpaceX’s upcoming test track, but most teams are also courting sponsors since the cost of a pod prototype is estimated to be well into the 5 figures. expand full story
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