Science

Virgin Hyperloop One sees billionaire Branson back Elon Musk's tech

Virgin Hyperloop One sees billionaire Branson back Elon Musk's tech

Branson added that he was investing in the people as well as the technology.

"Virgin Hyperloop One are leading the way in these efforts", he continued, noting that the company is "working on exciting projects in the Middle East, Europe, India, Canada, and the USA".

The Hyperloop will work by loading passengers and cargo into a pod and accelerating gradually via electric propulsion through a low-pressure tube.

Hyperloop trains work by loading passengers and cargo on to a pod which is accelerated to speeds of nearly 700mph inside a sealed low-pressure tube using electric propulsion.

Aamir Khan: "Azad starts crying when he sees my films"
He expressed confidence that she would also make her mark in the upcoming " Secret Superstar " where she is playing the lead. I follow the oldest method of asking for money in performing arts. "I am glad that I got to work with him (Aamir) twice".

Virgin Hyperloop One will join Sir Richard's sprawling business empire, which includes high-speed rail investments in Virgin Rail and his space flight venture Virgin Galactic. The company's vision is for the magnetic-based system to be used as a major mode of transport between cities, eventually reaching speeds of around 760mph, and potentially connecting London to Edinburgh in 50 minutes.

"Virgin has been known for investing in and creating innovative companies over the years, and I look forward to making history together as we bring Hyperloop to the world as Virgin Hyperloop One". Earlier this year, the company completed its first test track outside Las Vegas.

"From our airlines to our trains to our spaceline, we have always been passionate about innovation in transport too, especially the development of technology that could transform people's lives", Branson said in a statement.

The maximum distance travelled was 436m, with a peak acceleration of 1.48G (0-100km/h in 1.85 seconds). This is just the latest example. For somewhere shy of $85 million, the financial future of what Virgin calls "a responsible and sustainable form of transport" (in a press release that partially cribs from Wikipedia) ultimately amounts to a throwaway bet from a billionaire.


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