Hyperloop

Hyperloop Technologies Inc. announced last month a deal with Nevada officials to build a new test track for “Propulsion Open Air Test” (POAT) in the state.

Open air track aside and more interestingly, the company is also working on a 3 km full-scale and full speed enclosed prototype with a low-pressure environment and the latest images from the site (see above) show it’s already under-construction.
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T Sportline is a car tuner exclusively focusing on Tesla vehicles. The company must be ecstatic to finally have a new vehicle to work on since 2012 and they didn’t lose any time. They recently took delivery of a Signature Model X, making them one of the few lucky owner of the all-electric SUV.
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Hyperloop Technologies Inc. announced today a deal with Nevada officials to build a new test track for “Propulsion Open Air Test” (POAT) in the state. Hardware will begin arriving this month at the Apex Industrial Park in the City of North Las Vegas, and testing should begin in early 2016.
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SpaceX is moving forward with its Hyperloop prototype test track for its “pod competition”. The company released the revised specifications of the test track (embed below) in which the competing teams will race their pods. The track will be 1-mile long , have a 6-ft diameter and be capable of creating a 99.8% vacuum environment.
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Hyperloop Tech announced today the closing of $26 million in convertible note financing, which is part of a $80 million Series B round the company is trying to close by the end of year. Recently appointed CEO Rob Lloyd made the announcement with co-founders Brogan BamBrogan and  Shervin Pishevar at the 2015 Web Summit in Dublin earlier today.
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Hyperloop Technologies Inc. recently inaugurated its Innovation Campus in Los Angeles and at the same time, celebrated the hiring of its new CEO, Cisco veteran Rob Lloyd. At the event, the company hosted hundreds of affluent investors, artists, engineers and politicians, including LA Mayor Eric Garcetti. The mayor voiced his support for the company’s project to make a reality of the new mode of transportation first detailed in a white paper by Elon Musk  and teams of engineers at Tesla Motors and SpaceX.
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From Hyperloop Technologies’ Twitter

The Hyperloop is a new mode of transportation detailed in a white paper by tech billionaire Elon Musk and with the help of informal teams of engineers from the two companies he leads; Tesla Motors and SpaceX. The idea is to create a reduced-pressure environment in which it will be easier to transport people or cargo at high-speed and efficiency. This environment would take the form of a tube in which pods would travel at up to 750 miles per hour. The original concept presented in the paper would have been able to travel the distance between Los Angeles and San Fransisco (354 miles) in less than 35 minutes.

Elon Musk, being busy running Tesla and SpaceX, decided to open-source the concept. A group of ex-SpaceX engineers, venture capitalists and other tech veterans didn’t waste any time and created Hyperloop Technologies to try to make the project a reality.
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The track will support half-scale Hyperloop pods desinged by independent engineering teams and student teams to compete in the “SpaceX Hyperloop Pod Competition”. The Hyperloop is a concept of high-speed ground transport developed by Elon Musk and his teams of engineers at Tesla Motors and SpaceX.  The competition will have two phases. For the first phase, the teams will submit designs for their own pod concepts, which will be judged by engineers from Tesla and Spacex on January 9^th 2016 during an event SpaceX is calling the “Design Weekend”.

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