Hyperloop technologies (HT) co-founders Shervin Pishevar and Brogan BamBrogan were at the Launch Festival last week and sat down with Jason Calacanis to discuss the latest progress in making Elon Musk’s fifth mode of transportation a reality. expand full story
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. expand full story
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. expand full story