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The pipe dream is over: Hyperloop One shuts down

by Z22 and licensed under CC BY-SA 4.0/Wikimedia Commons

Hyperloop One, the futurist transportation company (in case you forgot) that promised to whisk passengers and cargo in vacuum-sealed tubes at jet speeds from city to city, is officially over – but this time, it’s for real. According to Bloomberg, the much-hyped, long-beleaguered company will officially close its doors on December 31.

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Virgin Hyperloop One secures deal to build first hyperloop system in India

Hyperloop One hasn’t been in the news as much since they secured a new investment from Richard Branson’s Virgin and changed their name, but now they are coming back into the spotlight with a deal presented as “historic”.

They signed an agreement with India to build a major hyperloop system between Pune and Mumbai.
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